[INVT: Estimated Net Profit for the First Half of the Year Will Drop by 57.14% to 48.11% Year on Year]

INVT announced that the net profit attributable to shareholders of the listed company in the first half of 2024 is expected to be RMB 95 million to RMB 115 million, representing a year-on-year decrease of 57.14% to 48.11%. During this reporting period, the company's operating revenue reached RMB 2.114 billion, slightly down from the same period last year, with a decrease of RMB 91 million. This decrease is mainly due to the photovoltaic energy storage business revenue declining by RMB 114 million year on year, while the operating revenue of the company's other businesses remained basically stable compared with the same period last year.