Major Estimate Revision • Jul 29
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥93.5b to CN¥92.1b. Losses expected to increase from CN¥1.01 per share to CN¥1.14. Semiconductor industry in China expected to see average net income growth of 66% next year. Consensus price target down from CN¥18.81 to CN¥17.86. Share price rose 4.1% to CN¥11.54 over the past week. Announcement • Jul 17
Tongwei Launches TNC 3.0 BIFIMAX And Upgraded TNC 2.0 G12R-48 Modules Tongwei made an impact at Intersolar Europe 2026, launching its premium technology upgrade, TNC 3.0 BIFIMAX, alongside the upgraded residential star module, TNC 2.0 G12R-48. The exhibition's highlight was the global debut of TNC 3.0 BIFIMAX, representing a major technical breakthrough that delivers maximum energy yield on high-reflection surfaces. Certified by TÜV Rheinland, TNC 3.0 BIFIMAX achieves a record bifaciality rate of up to 93.07%, alongside power output up to 770W and conversion efficiency up to 24.8%. Higher bifaciality allows the modules to generate much more power from the rear side—delivering a free energy bonus. For a 100MW solar plant in Hamburg, Germany, this configuration generates an extra EUR 180,000 in revenue annually compared to standard modules, unlocking an extra 81.62 million kWh of clean electricity over its lifetime. Featuring a low temperature coefficient of -0.26%/°C, it remains highly efficient under scorching heat. Its specialized Louvred Interconnection boosts micro-crack resistance by over 100%, protecting the asset from heavy snow and strong winds. To meet the growing demand for premium home solar, Tongwei also unveiled the upgraded residential star product: the TNC 2.0 G12R-48. This module balances top-tier performance with home aesthetics. The module delivers up to 480W with a 24% conversion efficiency. At a compact size of under 2 m², it maximizes limited roof space and makes installation much easier for local crews. Powered by Tongwei's 360° 3D passivation tech, the module minimizes energy loss and improves performance during low-light hours. This extends daily generation hours—starting earlier at dawn, ending later at dusk. Featuring Louvred Interconnection tech, the module ensures better stress distribution. This effectively eliminates micro-crack risks caused by heavy snow and strong winds common in high-latitude European winters. Additionally, its uniform, elegant design blends seamlessly with modern residential architecture. By delivering both the high-yield TNC 3.0 BIFIMAX for utilities and the aesthetic TNC 2.0 G12R-48 for residential markets, Tongwei continues to provide reliable solar solutions tailored to specific energy needs. Announcement • Jun 30
Tongwei Co.,Ltd to Report First Half, 2026 Results on Aug 27, 2026 Tongwei Co.,Ltd announced that they will report first half, 2026 results on Aug 27, 2026 
