Business
Interim Results for Six Months Ended 30 June 2025
Gowin New Energy Group Limited announced its unaudited interim results for the six months ended 30 June 2025, revealing a net loss after tax of RMB 3,256,000, compared to a loss of RMB 2,277,000 in the same period last year. The group's revenue was RMB 51,000, a decrease from RMB 75,000 in the prior year. The basic and diluted loss per share was RMB (0.011), compared to RMB (0.008) in 2024. The company's net current liabilities stood at RMB 41,154,000 as of 30 June 2025. Financial assets at fair value through profit or loss amounted to RMB 3,559,000. Cash and cash equivalents totaled RMB 148,000. Trade and other payables, along with loans from equity holders, reached RMB 41,881,000. Disclaimer*
About this update from Gowin New Energy Group Ltd.
[{"type":"text","content":"\n\n \n \nGowin New Energy Group Limited\n(\"GNE\" or the \"Group\") (AQSE: GWIN)\n \nInterim Results for the Six Months Ended 30 June 2025\n \nLondon: Monday, 29th September 2025: Gowin New Energy Group Limited, engaged in the sale and investment of LED related products, tea trading and agarwood trading businesses, today announces its unaudited financial results for the six months ended 30 June 2025.\n \nThis announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).\n \nThe directors of Gowin New Energy Group Limited accept responsibility for this announcement.\n \nFor further information please visit company's website at www.gowingrp.com or contact the following:\nGowin New Energy Group Limited \nGarry Willinge\nTel: +852 9100 9972\n \nNovum Securities Limited\nAQSE Corporate Adviser\nDavid Coffman / Anastassiya Eley\nTel: +44 (0)207 399 9400\n \n \n2025 Interim Report Chairman's Statement\n \nThis interim report for the six months ended 30 June 2025 covers a period of continued focus on achieving a sustainable future for Gowin New Energy Group Limited. While there have been no material changes to our strategic holdings, the Board has remained actively engaged in prudent oversight and exploring pathways to future growth.\n \nOur new energy asset remains our minority investment in Taiwan Thick-Film Industries Corp (\"TTFI\"). TTFI, with its significant production base in mainland China, continues to supply LED backlight modules to the automobile and electric vehicle sectors. Its 2024 annual revenue of over NT$1.5 billion demonstrates its established position in the supply chain. The Board monitors this investment closely, acknowledging the broader challenges within the LED industry which, as previously stated, discourage us from further investment or development in this sector at this time.\n \nRegarding our tea business, the post-pandemic environment has allowed for more substantive dialogue. We are actively re-engaging with the Pu'er Tea Association to revitalise our partnership framework. A single commodity trade transaction with Ruilong Gas Station in the first half of the year, while modest, maintained our pre...