Earnings Update: Here's Why Analysts Just Lifted Their TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE:002129) Price Target To CN¥10.06

Simply Wall StOct 31 18:30 ET

tcl zhonghuan renewable energy technology (002129.SZ): The announced price of silicon wafers in the industry is now 1.1-1.15 yuan, and the actual fill price of silicon wafers has risen by 2-3 cents/W compared to the lowest price.

Gelonghui October 31st│tcl zhonghuan renewable energy technology (002129.SZ) stated at an investor relations event that without industry synergy, prices may drop even lower. So our first expectation is actually to stabilize, and the second step is to rebound. Prices dropped more in September and October than now, currently in a stabilizing state, and have already rebounded partially this month. Let's achieve the first goal first. A good start will lead to smoother progress later on. Several companies participating in the synergy will have more confidence during this time, so it seems that better-than-expected results have already been achieved. If we do not take this action, the price of silicon wafers may

Gelonghui FinanceOct 31 03:28 ET

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