Laplace clarifies the "hundred-billion order rumor" as the stock price retreated over 11% in the afternoon

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（Source: 财闻）

          In its announcement, Laplace said that it has no material information that should be disclosed but has not been, and that if it later meets the information disclosure standards, it will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations.            

财闻 黄鑫磊

At midday on April 1, Laplace (688726.SH) urgently issued a clarification announcement, saying that a media outlet had reported on “Laplace winning a bid for Tesla’s Phase 2 solar power project, with an order size of nearly RMB 10 billion.” After verification, as of now, the company has not obtained the relevant order. Laplace said that it has no material information that should be disclosed but has not been, and that if it later meets the information disclosure standards, it will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations.

Laplace stated that the company strictly fulfills its information disclosure obligations in accordance with relevant requirements, and that all material information is subject to the announcements published by the company on the designated information disclosure platforms; the company’s day-to-day business activities strictly follow laws and regulations and internal management systems. For major contracts or matters that meet the information disclosure standards, the company will promptly and fairly disclose them to all investors to safeguard investors’ right to know.

Laplace also said that its fundamentals have not undergone any major changes. The company’s recent stock price has risen significantly, and there is a risk that market sentiment may be overheated and that there may be irrational speculation. It does not rule out the risk of a short-term rapid pullback in the stock price, and investors participating in trading may face relatively higher risks.

Starting from 10:51 a.m. on April 1, affected by the above rumors, Laplace’s stock price quickly surged to the daily limit. By the time of the midday close, it was quoted at RMB 65.84 per share, up 19.99%. After the afternoon open, the company’s share price quickly fell, once dropping to RMB 59.70 per share, with a retracement of nearly 11.20%. As of the time of this release, it was quoted at RMB 61.41 per share, up 11.83%, with a turnover rate of 16.18%. That day, 财闻 called Laplace’s publicly listed phone number multiple times, but it always showed that it was in a call.

It is worth noting that the rumor that Laplace won a Tesla order is not the first time. On March 20, there were rumors that Tesla planned to purchase photovoltaic manufacturing equipment from China with a total price of USD 2.9 billion, and the Chinese companies Tesla planned to negotiate with on the Tesla solar projects included Laplace. At that time, Laplace staff told 财闻 on the phone that there was no relevant information that could be disclosed.

According to Laplace’s 2025 performance quick report, last year the company achieved revenue of RMB 5.259 billion, down 4.69% year over year. Net profit attributable to shareholders was RMB 612 million, down 16.07% year over year. Basic earnings per share were RMB 1.51, down 22.96% over the same period.

Laplace said that in 2025, the company steadily advanced product delivery and acceptance at client sites, but against the backdrop of an interim imbalance between supply and demand in the photovoltaic industry chain, the company’s operating revenue and profits faced interim pressure. At the same time, market demand remains strong for advanced capacity construction with technical competitiveness, technology upgrades for existing production lines, and overseas capacity expansion. The company continues to actively advance technology iteration and innovation, continuously enhancing product market competitiveness in the fields of TOPCon, XBC, perovskite, and stacked batteries. By continuously optimizing and iterating its products, it helps customers reduce costs and improve efficiency, and it continues to advance research and applications in areas including magnetron sputtering physical vapor deposition platforms, atomic layer edge passivation deposition (EPD) equipment, perovskite core vacuum process equipment, laser equipment, new metalization equipment, and more. In the semiconductor equipment field, the company actively develops equipment required for discrete devices and integrated circuit fields, striving to achieve breakthroughs in the integrated circuit domain.

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