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Bowei Alloy plans to sell its U.S. photovoltaic production capacity due to significant impairments totaling RMB 1.006 billion, primarily from U.S. policy impacts. The company reported expected 2025 net profit between RMB 100-150 million, a decrease of up to 92.61%.

Bowei Alloy formed a task force and appointed J.P. Morgan as a financial advisor for the sale, with negotiations in progress and completion aimed for Q1 2026.