Tongwei significantly narrows losses in Q3

Tongwei Co., Ltd., the parent of Tongwei Solar, announced Q3 2025 revenues of RMB 24.09 billion ($3.39 billion), roughly flat YoY. While revenue held steady, losses narrowed sharply: net loss (excl. non-recurring items) dropped from RMB 859.16 million ($120.78 million) in Q3 2024 to RMB 442.23 million ($62.17 million) in Q3 2025.

For the first 9 months, the company recorded revenues of RMB 64.60 billion ($9.09 billion), down 5.38% YoY. Its net loss (excl. non-recurring items) for the period totaled RMB 5.47 billion ($770 million), down 35.5% YoY.

In September, Tongwei Solar’s Meishan plant was added to the Global Lighthouse Network 2025 (see China Solar PV News Snippets).