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Sinolink Securities: 'Destructive' innovation is the only way to break the current homogenization and internal loop of batteries and components.
In the context of severe product homogenization, differentiated products with significant cost-effectiveness advantages are almost the only way to break through the "crowding-out". By 2024, HJT and xBC technology industrialization have made rapid progress and are expected to lead the next cycle of battery technology iteration.
State Development and Reform Commission: By 2025, the first batch of coal-fired power low-carbon renovation and construction projects will all start, and a batch of coal-fired low-carbon power generation technologies will be transformed and applied.
Officials of the National Development and Reform Commission answered questions from reporters regarding the "Action Plan for Low-Carbon Transformation and Construction of Coal-fired Power Plants (2024-2027)."
HK Stocks Concept Tracking | Multiple photovoltaic giants win bilion-dollar orders in Saudi Arabia! Increased demand for photovoltaics in the Middle East brings new opportunities for going global (concept stocks attached).
Recently, several photovoltaic giants have announced the establishment of joint ventures with Saudi Arabia to invest in photovoltaics and energy storage projects. As of now, the total order amount has reached hundreds of billions of yuan.
Irico Newenergy (00438.HK) announced its half-year revenue is expected to increase by approximately 51% to 59%.
On July 12th, Gelunhui reported that in the first half of 2024, the competition in the photovoltaic glass industry was fierce, but the group effectively improved its competitiveness through technological innovation, product upgrades, cost reductions, and efficiency improvements. The group is expected to achieve a revenue of approximately RMB 1.95 billion to 2.05 billion for the six months ending June 30, 2024, which is an increase of approximately 51% to 59% compared to the revenue of RMB 1.288 billion in the first half of 2023. In the first half of 2024, the group's total profit is expected to be approximately RMB 10 million to 18 million.
Express News | IRICO Group New Energy Sees Total Profit for 1H 2024 RMB10 Mln to RMB18 Mln
Express News | IRICO Group New Energy Sees Operating Revenue of RMB1,950 Mln to RMB2,050 Mln for Six Months
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