A few days ago, JinkoSolar announced its fourth quarter and full-year financial report for 2020.
According to the financial report, JinkoSolar’s module shipments in 2020 were 18.771GW, a year-on-year increase of 31.4%; total revenue reached 5.38 billion U.S. dollars (about 35.27 billion yuan), a year-on-year increase of 18.1%. Achieved both solar modules and revenue growth, with outstanding results.
As a leading photovoltaic company, JinkoSolar has profound knowledge in solar monocrystalline silicon wafers, high-efficiency solar cells and solar modules, and has strong vertical integration capabilities. In 2010, JinkoSolar was listed on the U.S. stock market. After obtaining capital, it entered a rapid development path, and its production capacity and sales continued to increase.
In 2016, JinkoSolar reached the top module shipment champion for the first time, and it continued into 2019, until it was overtaken by Longi in 2020. In this regard, OFweek Solar Photovoltaic Network believes that JinkoSolar is mainly missing the Chinese market where new installed capacity will increase by 60% year-on-year in 2020.
JinkoSolar also announced in 2020 that the board of directors has approved its subsidiary Jiangxi Jinko’s strategic plan to enter the Chinese capital market. This move will provide a strong impetus for JinkoSolar’s business development. According to industry insiders, as photovoltaics enter the era of parity, my country’s newly installed photovoltaic capacity will remain at 50-70GW during the “14th Five-Year Plan” period, making greater contributions to achieving the goal of carbon neutrality.
If JinkoSolar can obtain higher revenue in the Chinese market, it will definitely help the company’s performance. However, compared to LONGi, which is “downstream” from the leader in silicon wafers, JinkoSolar has achieved double growth in solar modules and revenue, but according to its production capacity plan, the production capacity of solar modules is higher than that of silicon wafers and solar cells. Production capacity, so it may be necessary to purchase silicon wafers and solar cells in the future, which will affect its gross profit margin.
In terms of profit, JinkoSolar’s 2020 gross profit was USD 945.8 million (approximately RMB 6.2 billion), a year-on-year increase of 13.6%. The performance forecast released by Longi shows that the company’s net profit for 2020 is 8.2 billion to 8.6 billion yuan, an increase of 55.30% to 62.88% year-on-year, which is significantly higher than that of JinkoSolar.
Therefore, although JinkoSolar has achieved good results in 2020 and has performed very well in other major photovoltaic markets around the world, its current profits and solar module shipments are not as good as LONGi’s. It wants to rely on the Chinese market to achieve overtake. It is necessary to actively extend the upstream and downstream industrial chain to increase revenue and reduce costs, and achieve profit growth.
Posted by Carrie Wong | WSL Solar
WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.
Good business relationship based on sincere cooperation and mutual benefits.
Thanks to all our customers for their great support. We will continue to control the quality and provide high efficient and quality custom solar panels, which is the best way for us to give back to customers.
Features: – WSL Solar’s 5V 1W solar panel adopts the latest PERC monocrystalline solar cell, >21% efficiency. – Dimension 90x90x4.5mm – Laminated by tempered glass, durable & robust – Ideal for use in solar powered LED lighting, IoT solar, solar traffic sign and small solar powered systems etc.
WSL Solar’s 5 volt 1 watt solar panel is built with the latest PERC monocrystalline solar cell. It is laminated by tempered glass, which is durable and robust. This custom solar panel is ideal for use in off grid applications such as solar powered LED lighting, IoT solar, solar traffic sign, small solar powered system etc.
Features: – With latest high efficiency PERC monocrystalline solar cell – Positive power tolerance – Tempered glass laminated, high transmission, durable & robust – Withstanding challenging environmental conditions – Waterproof, scratch resistant & UV resistant – Excellent performance under low light environments
Recently, the unions of PGG, Poland ’s largest coal group, warned that if the government does not provide help, the coal industry will collapse due to falling demand. Poland relies heavily on coal-fired power generation and is the only EU member state that has not committed to zero carbon emissions by 2050. But in the face of increasing pressure from the EU to reduce emissions, Poland began to encourage investment in solar and offshore wind farms. The increase in the share of clean energy in power generation, the decline in power demand after the epidemic is closed to the city, and coal imports have exacerbated problems in the coal industry.
The Polish government previously stated that the installed capacity of solar photovoltaics will reach 10.2GW in 2030 and 20.2GW in 2040. The Polish government also supports industrial and commercial and large-scale power plant projects through the renewable energy auction system. The new government regulations allow owners of solar photovoltaic systems of more than 50 kW to sell excess power. Growth in the industrial and commercial field will be particularly strong. At the same time, the promotion of rooftop solar photovoltaic incentives and corporate net measurement policies has stimulated the potential of the solar photovoltaic market. In 2019, solar power generation in Poland has risen sharply.
On the other hand, due to the increase in the price of carbon dioxide certificates, the impact of the increase in the price of European carbon dioxide emission quotas will seriously affect Poland ’s electricity prices, and coal is the most intensive energy source for carbon dioxide. Great power to promote the development of clean energy in Poland.
According to SolarPower Europe data, in 2019 Poland ranked fifth in the number of new photovoltaic installations among European countries, and it is only 300MW less than the fourth place in France. It is also unknown that it exceeds France. In early 2020, Bloomberg predicted that Poland will be one of the top ten global solar photovoltaic markets this year.
Posted by Carrie Wong | WSL Solar
WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.
Features: – WSL Solar’s 3W 6V solar panel adopts the latest PERC monocrystalline solar cell, >21% efficiency. – Dimension 120x160x4.5mm – Laminated by tempered glass, durable & robust – Ideal for use in solar powered LED lighting, IoT solar, solar traffic sign and small solar powered systems etc.
WSL Solar’s 6 Volt solar panel 3W is built with the latest PERC monocrystalline solar cell. It is laminated by tempered glass, which is durable and robust. This custom solar panel is ideal for use in off grid applications such as solar powered LED lighting, IoT solar, solar traffic sign, small solar powered system etc.
Features: – With latest high efficiency PERC monocrystalline solar cell – Positive power tolerance – Tempered glass laminated, high transmission, durable & robust – Withstanding challenging environmental conditions – Waterproof, scratch resistant & UV resistant – Excellent performance under low light environments
Specification
Item No.
WSL-C023
Dimension
120x160x4.5mm
Peak Power (Pmax)
3W
Voltage at Pmax (Vmp)
6V
Current at Pmax (Imp)
0.5A
Open Circuit Voltage (Voc)
7.2V
Short Circuit Current (Isc)
0.55A
Cell Type
PERC Monocrystalline Solar Cell
Power Tolerance
±5%
Encapsulation method
3.2mm Tempered glass
Back sheet
TPT
Product Warranty
5 Years
Lead time
25 Days
Storage temperature
-20°C ~ 65°C
Working temperature
-40°C ~ 85°C
Standard Test Conditions (STC)
1000W/m2, 1.5AM, 25°C Cell temperature
WSL Solar has been a quality and professional manufacturer of custom solar panels and solar solution provider in China since 2006.
In the face of the epidemic sweeping the world, the problem of “two-level differentiation” is in front of the photovoltaic people.
SMEs are struggling in a crisis-ridden environment and seeking hope for life, but for leading companies, it is still difficult to stop their pace of active expansion.
The leading domestic solar cell manufacturers are not afraid of the impact of the epidemic and are actively expanding production.
Recently, Tongwei issued a fixed increase plan, which will raise no more than 6 billion yuan of funds, and it is expected that 4.2 billion will be invested in Meishan Phase II (7.5GW) and Jintang Phase I (7.5GW) high-efficiency solar cell projects.
In addition to Tongwei, LONGi has announced a total expansion of 10GW of monocrystalline solar cells, AiXu expanded by 5.9GW, Jingao expanded by 10GW, and Jinko expanded by 10GW. It is expected that PERC solar cell expansion will reach 30GW this year , The corresponding equipment amount is more than 6 billion, and it is expected to begin to place orders in Q2.
It is worth mentioning that the acceleration of the industrialization of 210 silicon wafers is still the main theme in 2020.
Judging from the announcement issued by Tongwei this year, the above projects are mainly based on the 210-size PERC technology route, and reserve space for PERC + / TOPCON equipment.
From the perspective of this year’s new expansion plan for solar cells, the expansion of solar cell factories led by Tongwei and Aixu are mainly based on 210 large sizes.
Among them, the first 210 solar cell workshop of Tongwei-Meishan Phase I is expected to be mass-produced in mid-May, and the follow-up Meishan Phase II and Jintang 30GW plans will take the 210 route.
In January, Axu announced the mass production of 5GW 210 solar cell production line. It also plans to expand its solar cell capacity to 22GW by the end of 2020, 32GW by the end of 2021, and 45GW by the end of 2022.
As for solar modules, Dongfang Risheng and Trina Solar have successively released 210mm 500W solar modules.
In addition, as the leader of 210 large silicon wafers, China Central also recently announced an investment of 5 billion yuan in the construction of G12 PERC + solar cell lines and shingled solar module projects, which will further promote the industrialization of large-scale silicon wafers.
Relevant institutions judge that the future increase in the penetration rate of 210 technology will exceed market expectations. It is expected that the industry replacement demand brought by large silicon wafers will exceed 20 billion, and Jingsheng Electromechanical as the only supplier of 210 single crystal furnaces will greatly benefit.
It is worth noting that as early as a few years ago, in the photovoltaic industry, there have been disputes between PERC, TOPCON and HIT technologies in the solar cell technology.
It is reported that PERC + is based on P-type silicon wafers and currently has a laboratory efficiency of 23.5% or more. It is necessary to superimpose 4 devices on the original PERC production line. It is expected that a prototype will be released by the end of 2020 and need to be verified by the production line.
TOPCON is based on N-type silicon wafers, with a conversion efficiency of over 23.5%. The equipment is relatively mature, but since N-type silicon wafers and equipment are relatively expensive, the overall cost is higher than PERC +.
The industry believes that the current conversion efficiency of PERC + / TOPCON can reach more than 23.5%, but the cost reduction route is still unclear. It needs to undergo production line inspection and is expected to become a transition path for PERC to upgrade to the next generation of technology.
In terms of HIT, it can be said that the progress has been quite effective. Taking Tongwei as an example, the average conversion efficiency of its multi-main grid starts at 23.5%, and it is expected to see more than 24% in the second half of the year, and the highest efficiency on the production line is close to 25%. But at present, it is still not comparable to PERC in terms of cost performance.
In 2019, in addition to the four HIT test projects of Tongwei and Shanmei International, battery factories such as Aikang and Artus have also successively launched HIT layouts since 2020.
The industry predicts that with the decline of HIT costs and the improvement of conversion efficiency in the next two years, HIT will become a megatrend for the next generation of photovoltaic solar cells.
Posted by Carrie Wong | WSL Solar
WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.
Recently, Tongwei released a fixed increase announcement and performance report.
On the evening of April 20th, Tongwei issued a fixed increase plan, with a planned funding of no more than 6 billion yuan, for projects with an annual output of 7.5GW high-efficiency crystalline silicon solar cell smart factory (Meishan Phase II) and other projects.
Tongwei ’s additional funds raised this time are mainly used to invest in the Meishan Phase II and Jintang Phase I annual production of 7.5GW high-efficiency crystalline silicon solar cell smart projects. The proposed investment funds are 2 billion yuan and 2.2 billion yuan respectively; It is intended to be used to supplement working capital.
The above two major projects are planned to be implemented by Tongwei Solar (Meishan) Co., Ltd. and a newly established subsidiary respectively. The project adopts 210 large-size PERC solar cell technology routes. Upon completion, it will form an annual production capacity of 7.5GW of high-efficiency crystalline silicon solar cells . According to estimates, the construction period of the project is 1 year, and the production capacity will reach 90% in the first year of production, and 100% in subsequent years.
The implementation of this fundraising project will further expand the company’s solar cell production capacity, enhance and consolidate the company’s leading position in the global solar cell field.
Since this year, Tongwei has announced its capacity expansion plan several times, with a total planned investment of 30 billion yuan.
In February, Tongwei threw out the largest single investment in history, planning to build an annual output of 30GW high-efficiency solar cells and supporting projects in Chengdu Jintang at 20 billion yuan. In March, the company announced that it plans to invest in a 40,000-ton high-purity crystalline silicon project in Baoshan City, Yunnan Province, with a total investment of 4 billion yuan.
Tongwei takes agriculture and solar photovoltaic as its main business, and has formed a business model of “agriculture (fishery) + photovoltaic” resource integration and coordinated development. As of the end of 2019, Tongwei has formed a high-purity crystalline silicon production capacity of 80,000 tons, of which monocrystalline materials account for about 90%; solar cell production capacity is 20GW, of which high-efficiency monocrystalline solar cells are 17GW.
According to the development plan previously released by the company, by 2023, the cumulative production capacity of high-purity crystalline silicon will reach 220,000 to 290,000 tons, and the cumulative production capacity of solar cells will reach 80 to 100GW.
In 2019, Tongwei achieved net profit growth.
Tongwei disclosed its annual report on the evening of the 20th. In 2019, it achieved operating income of 37.555 billion yuan, an increase of 36.39% year-on-year; net profit of 2.635 billion yuan, an increase of 30.51% year-on-year.
The overall photovoltaic business revenue was 17.8 billion yuan, an increase of 74.52% year-on-year. Among them, the operating income of solar cells and solar modules reached 12.27 billion yuan, an increase of 60.56 year-on-year; the gross profit margin was 20.21%, an increase of 1.52% year-on-year; the operating income of high-purity crystalline silicon and chemicals was 5.17 billion yuan An increase of 56.11% year-on-year.
In terms of high-purity crystalline silicon: Tongwei has formed a high-purity crystalline silicon production capacity of 80,000 tons and an ongoing capacity of 75,000 tons. With single crystal materials accounting for about 90%, various consumption indicators and costs continue to decrease. The total production cost of the first-phase project and the first-phase project of Baotou is 60,000 tons and the production cost is less than 40,000 yuan / ton.
For solar cells: The current solar cell production capacity is 20GW, of which the high-efficiency monocrystalline solar cell is 17GW, ranking first in the world.
However, Tongwei’s first quarter results released at the same time are not optimistic. In the first quarter, Tongwei’s net profit attributable to shareholders of listed companies was 344 million yuan, a year-on-year decrease of 29.79%.
Tongwei’s net profit fell in the first quarter. According to analysis, there may be two reasons:
First, Tongwei’s business is not only photovoltaics, but agriculture and solar photovoltaics as the main business, “agriculture (fishery) + solar photovoltaic” resource integration, collaborative development business model, although the photovoltaic industry in the first quarter The impact is limited, but the negative factors of agricultural fisheries will also have a certain impact on its profitability.
Second, in Tongwei’s business, overseas orders account for a relatively small amount. According to the annual report, the operating income of overseas regions only accounts for 5.42% of the total operating income. In contrast, in the first quarter of the domestic epidemic, when overseas epidemics had not yet fully erupted, Tongwei, which had a large domestic sales volume, was severely damaged.
Posted by Carrie Wong | WSL Solar
WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.
As one of the most complete producers of monocrystalline silicon varieties in China, Zhonghuan shares its new main trend of G12 large-size cells.
Recently, the Gaoyou Economic Development Zone held a signing ceremony for the G12 PERC + solar cell line and shingle solar module project at the Central Headquarters.
The project is planned to invest a total of 5 billion yuan, of which about 3 billion yuan will be invested in equipment, to build a G12 PERC + photovoltaic cell and shingled solar module project that will achieve leapfrogging in size and performance and lead the industry trend. After the first phase of the project is completed, annual invoicing sales can reach more than 5 billion yuan.
Zhonghuan is a public company controlled by Tianjin Zhonghuan Electronic Information Group Co., Ltd. The company is committed to the semiconductor energy-saving industry and the new energy industry. It is a state-controlled high-tech enterprise integrating scientific research, production, operation and venture capital.
G12 contributes mass production technology to the entire industry chain
The G12 PERC + photovoltaic cell of Zhonghuan is the most advanced large-size solar cell at present. It has the core technical advantages of large area, high wattage and low cost, which can greatly improve the profitability of the battery link. The domestic market share of fused silicon single crystal in the Central Stock Zone is over 65%. Its output and market share have ranked first in the domestic industry for five consecutive years, and its production and sales scale ranks among the top three in the world.
Recently, Zhonghuan said that the company’s G12 photovoltaic silicon technology has broken through the traditional size of the industry, bringing higher photoelectric conversion efficiency, higher production and manufacturing efficiency, and industrial 4.0 customized flexible manufacturing can greatly reduce the cost of electricity.
Zhonghuan pointed out that the company’s G12 photovoltaic silicon technology is a mass production technology that contributes value to the entire industry chain. With the accelerated advancement of the 210 industry chain downstream, it can support various types of solar cell module technology in the future. With the promotion of the industry, the competitive advantages of photovoltaic new energy relative to other forms of energy will be further highlighted.
As of the end of 2019, Zhonghuan’s photovoltaic monocrystalline production capacity reached 33GW. With the improvement of process technology and the gradual commissioning of the fifth-phase project in 2020, it is expected that the production capacity will reach 55GW by the end of 2020; after the fifth-phase project is fully operational, the company’s overall photovoltaic single-crystal production capacity is expected to reach 85GW.
Regarding the performance in 2019, China Central’s photovoltaic and semiconductor businesses have driven two-wheeled performance growth, and the gross profit margin has increased quarter by quarter.
The performance report shows that in 2019, Zhonghuan Co., Ltd. achieved operating income of 16.887 billion yuan, an increase of 22.76% year-on-year, and realized net profit attributable to the parent company of 904 million yuan, an increase of 42.93% year-on-year. It was 621 million yuan, an increase of 98.38% year-on-year, and its performance increased steadily.
The reason for the increase in performance was mainly due to the increase in the company’s new energy production capacity and the increase in sales volume. Among them, the sales of solar wafers increased by 76.19% over the previous year, and the output increased by 68.15% over the previous year. The Q4 single-quarter gross profit increased again year-on-year. The Q4 single-quarter gross profit margin was 22%, an increase of 8.23% year-on-year, and the net profit margin was 4.1%, a decrease of 0.45% year-on-year and a decrease of 2% month-on-month.
Regarding the solar photovoltaic sector, Zhonghuan Group’s 210 large silicon wafers have accelerated their volume. In 2019, the company’s new energy industry achieved operating income of 15.439 billion yuan, a year-on-year increase of 24.24%. Among them, new energy materials achieved revenue of 14.921 billion yuan, a year-on-year increase of 24.30%, mainly due to the increase in product shipments, solar wafer sales increased by 76.19% over the previous year; the power sector achieved revenue 5 1.18 billion yuan, an increase of 54.49% year-on-year, mainly due to the increase in the scale of grid-connected power generation.
Downstream enterprises have extensive cooperation intentions
It is understood that Zhonghuan is currently increasing its capital to its subsidiary, Zhongxin GCL, and the fifth phase of the project has started to produce 210 silicon wafers, accelerating the release of 210 large-size silicon wafer production capacity, and increasing the market share of G12 silicon wafer products in the photovoltaic market. As of the end of 2019, large-diameter silicon wafers for 8-12 inch integrated circuits have been successfully put into production.
The 25GW capacity of the 5th phase of Central will be dominated by 210 silicon wafers. The release of production capacity in 2020-2021 will further consolidate the company’s leading position. The second batch of equipment procurement for Phase 5 has been completed. From the surface area, G12 silicon wafers have increased by 80.5% compared with traditional M2 silicon wafers, which are mainly produced by the Central China Phase 5 project.
Since the launch of 210mm large-size silicon wafers by Zhonghuan, the downstream has widely proposed cooperation intentions.
Since 2020, the 210 large silicon wafers have opened up profitable space for the downstream, and the downstream industrial chain has actively adapted. Both Tongwei and Aixu said that their new production capacity will achieve backward compatibility of 210 silicon wafers.
On March 27, 2020, GCL will announce an investment of 18 billion yuan to build a 60GW210 module project. Leading companies such as Dongfang Risheng, Trina Solar, and Aixu Technology also proposed a 210 expansion plan, and said that the use of large silicon wafers can obviously Reduce the cost of electricity and BOS.
In view of the current general environment, more than half of the entire photovoltaic industry was affected by the epidemic in the first quarter, resulting in a decline in net profit.
Zhonghuan shares said that the company has not stopped production or reduced production during the Spring Festival, and has continued to maintain full production so far to ensure that customer order supply continues to be in full production and full sales, and production operations have not been affected by the epidemic.
Regarding the future development of Zhonghuan, the relevant institutions expect the company to achieve net profit of 13.34, 2.067, and 2.455 billion yuan from 2020 to 2022, optimistic about the company’s “semiconductor + photovoltaic” two-wheel drive, maintaining “strongly recommended” “Rating.
Posted by Carrie Wong | WSL Solar
WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.
In the first quarter of 2020, solar photovoltaic companies issued performance forecasts, and more than half of the companies were affected by the epidemic, resulting in a decline in net profit.
However, the epidemic did not affect Longji, the world’s largest manufacturer of monocrystalline solar products.
On the evening of April 16, Longji announced that it expects to realize net profit attributable to shareholders of listed companies in the first quarter of this year of 1.65 billion to 1.950 billion yuan, an increase of 175.05% to 219.15% year-on-year. After deducting non-recurring gains and losses, the company’s net profit also reached 1.549 billion yuan to 1.849 billion yuan.
Public information shows that in the same period last year, Longji shares realized a net profit attributable to shareholders of listed companies of 611 million yuan. As a result, in the first quarter of 2020, Longji’s main business performance was very strong.
“The King of Expansion” Expanding Production Capacity
According to the announcement, Longji shares attributed the rapid growth of performance to the expansion of production capacity.
Throughout the entire solar photovoltaic industry, Longji shares are well-deserved “kings of expansion,” and public data compilation shows that the investment amount of Longji shares reached as high as 30 billion yuan in 2019 alone.
Longji said that under the influence of the expansion of production capacity, the company’s main products monocrystalline solar wafers and solar modules sales increased rapidly year-on-year, the proportion of large-size silicon wafers and high-power solar module products increased rapidly, and the operating income increased significantly year-on-year Costs continued to decrease, and product gross profit margins increased year-on-year.
Looking back on 2019, in the case of sluggish domestic PV market demand, many domestic PV companies, including Longji, have chosen to “go overseas.” Taking the company’s solar module shipments in the first half of 2019 as an example, its overseas shipments accounted for 70%.
Longji said that in the first quarter of this year, in the face of the spread of the epidemic and the complex external operating environment, it flexibly adjusted its production and operation plans. For overseas orders, the company strengthened timely communication with domestic and foreign customers, and strived to ensure timely and high-quality delivery of orders in hand.
In addition, the crazy expansion of Longji’s shares on the silicon side in 2019 seems to be preparing for the future price war of monocrystalline solar wafers.
On March 25, 2020, LONGi released the price announcement of monocrystalline solar wafers. The price of monocrystalline solar wafers P-type M6 180μm thickness (166 / 223mm) is 3.41 yuan / sheet, which is the price announced on February 24 Compared with it, it is reduced by 0.06 yuan / piece; the price of single crystal solar silicon P-type M2 180 μm thickness is 3.07 yuan / piece. Compared with the price released on February 24, it remains unchanged.
In this announcement, Longji announced the same price for P-type boron-doped and gallium-doped silicon wafers. Industry insiders believe that its official announcement of the same price for both may be laying the foundation for the elimination of backward monocrystalline solar capacity.
The long-term trend of solar photovoltaics has not changed
At present, under the spread of overseas epidemics, short-term demand in overseas markets has been impacted, and whether the overseas sales of Longji shares have been affected has attracted considerable attention from investors.
On April 15th, Longji’s board secretary responded that the epidemic was a short-term impact on the solar photovoltaic industry, and the mid-to-long term trend of the solar photovoltaic industry has not changed. The company’s order fulfillment has been normal in the past week, and it will carefully evaluate the market situation to fully prevent market risks.
It is worth mentioning that in 2020, Longji shares non-stop, and has successively announced a number of expansion projects to further enhance the overall production capacity.
According to public information, Longji’s planned production capacity has exceeded 133GW, and on its traditional strength silicon side, it will achieve 80GW of production capacity in 2020.
It is worth noting that the development trend of large-size silicon wafers has also become a hot topic this year. M6 (166mm) size silicon wafers represented by Longji shares and M12 (210mm) size silicon wafers represented by Zhonghuan shares Direct collision.
According to Longji shares, the company ’s M6 (166mm) silicon wafer orders have been filled in the second quarter since full production resumed in March. Looking forward to the whole year, its calculated M6 silicon wafer will account for more than 70% of the total shipments.
It can be said that from the comparison of production capacity, Longji currently has no rivals on the silicon side.
Finally, back to the performance forecast, affected by the large pre-increased performance of Longji shares, Longji shares opened higher and higher today, and once touched the daily price limit, the total market value exceeded 100 billion yuan.
Relevant agencies expect that the second quarter of this year will be a period of downturn overseas. The adjustment of the industrial chain price will accelerate, driving the demand after the epidemic. The leading share will further increase. The current adjustment is relatively large. The long-term value of the solar photovoltaic leading including Longji shares appears.
Posted by Carrie Wong | WSL Solar
WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.
Custom Solar Panel 