Stock code: 688599 Stock abbreviation: Trina Solar Announcement No.: 2025-012

Convertible bond code: 118031 Convertible bond abbreviation: day 23 convertible bond

Trina Solar Co., Ltd

2024 Annual Results Forecast

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

1. Forecast of performance for the current period

(1) The performance forecast period

January 1, 2024 to December 31, 2024.

(2) Performance forecast

(1) According to the preliminary calculation of the financial department, Trina Solar Co., Ltd. (hereinafter referred to as the "Company") expects to achieve a net profit attributable to the owners of the parent company of -380,000.00 yuan to -320,000.00 yuan in 2024, which will be a loss compared with the same period last year (statutory disclosure data).

(2) It is estimated that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in 2024 will be -560,000.00 yuan to -500,000.00 yuan.

(3) The company's current performance forecast has not been audited by a certified public accountant.

Second, the performance and financial situation of the same period of the previous year

(1) Total profit: 653,264.19 million yuan. Net profit attributable to owners of the parent company: 553,130.20 million yuan. Net profit attributable to owners of the parent company after deducting non-recurring gains and losses: 575,488.39 million yuan.

(2) Basic earnings per share: 2.55 yuan.

3. The main reasons for the change in the performance of the current period

In 2024, the company relied on its diversified business structure, deep technology accumulation, strong brand influence and perfect global channel layout, and flexibly responded to many challenges such as the imbalance between supply and demand in the photovoltaic industry and the intensification of trade protection in overseas markets. At the same time, based on the principle of prudence, the company conducts impairment tests on long-term assets that show signs of impairment, and after prudent assessment, it will make provision for asset impairment in accordance with the accounting standards for business enterprises, which has a certain impact on performance.

During the reporting period, the company accelerated the development of the overall solution business, and continued to maintain its leading position in the industry in various product tracks such as modules, household distributed systems, tracking brackets, and energy storage systems. The company's distributed business maintained a high market share, and the company continued to increase the shipment volume and market share of the energy storage business in overseas markets by relying on its global system solution capabilities and global delivery service network.

4. Risk Warning

The results are expected to be the preliminary accounting conducted by the company's financial department based on its own professional judgment, and have not yet been audited by certified public accountants. The Company has not identified any significant uncertainties affecting the accuracy of the content of this earnings forecast.

5. Other explanatory matters

The above forecast data is only preliminary accounting data, and the specific and accurate financial data are subject to the audited 2024 annual report officially disclosed by the company.

The announcement is hereby made.

Board of Directors of Trina Solar Co., Ltd

January 25, 2025