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Huawei and JA Solar Launch Green Education Project in Thailand With UNESCO and Thailand's Ministry of Education
JA Solar Technology (002459.SZ): As of the first three quarters of 2024, the company's debt ratio has increased compared to the beginning of 2024, mainly due to an increase in financing from financial institutions.
On December 10, Gelonghui reported that ja solar technology (002459.SZ) stated on the investor interaction platform that as of the first three quarters of 2024, the company's asset-liability ratio had increased compared to the beginning of 2024, mainly due to increased financing from financial institutions, aimed at coping with industry fluctuations and ensuring the company's continuous and stable production operation. In the future, the company will reasonably control the scale of debt, continuously reduce costs and increase efficiency to improve profitability, enhance cash flow management to maintain a positive operating cash inflow, and improve its self-generated capabilities while continuously expanding financing channels and optimizing the financing structure.
JA Solar Technology (002459.SZ): Based on the vertical integration model of the cecep solar energy industry chain, committed to providing global customers with photovoltaic power generation system solutions.
On December 10, Gelonghui reported that ja solar technology (002459.SZ) stated on the investor interaction platform that the company's main business includes the research and development, production, and sales of solar photovoltaic silicon wafers, batteries, and modules, the development, construction, and operation of solar photovoltaic power stations, as well as the research and development, production, and sales of photovoltaic materials and equipment, based on a vertically integrated model of the solar photovoltaic industry chain, committed to providing global customers with photovoltaic power generation system solutions.
JA Solar Technology (SZSE:002459) Use Of Debt Could Be Considered Risky
Boc International: Energy consumption, water consumption, and other indicators are tightening, and the photovoltaic supply side is expected to continue to optimize.
On November 20, the Ministry of Industry and Information Technology released the revised "Specifications for the Infrastructure (2024 Edition)", strengthening the requirements for energy consumption, water consumption, and other indicators at various stages of the industry chain. The difficulty of new capacity for silicon materials, silicon wafers, and batteries has further increased, continuously optimizing the supply side of photovoltaics.
The Ministry of Industry and Information Technology guides photovoltaic enterprises to reduce capacity expansion; institutions indicate that the industry clearing shows initial signs.
①The Ministry of Industry and Information Technology has revised the "Normative Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Announcement and Management of Normative Conditions for the Photovoltaic Manufacturing Industry". It guides local areas to rationally layout photovoltaic manufacturing projects based on resource endowment and industrial foundation, and encourages intensive and clustered development. ②Last week, more than 20 silicon wafer companies held another industry self-discipline meeting online, aiming to coordinate production reduction and improve the current market environment.
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