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Press Release: /DISREGARD RELEASE: Sungrow Power Supply Co., Ltd./
Jefferies Adjusts Sungrow Power Supply's Price Target to 101.44 Yuan From 129.07 Yuan, Keeps at Buy
Intersolar South America 2024: Sungrow Celebrates 20 GW Milestone and Presents Cutting-Edge Solar, Storage, and EV Charging Solutions
Express News | Sungrow Achieves US$4.4 Billion Revenue in 2024H1, Marking an 8.38% Year-Over-Year Increase
Press Release: Sungrow Achieves US$4.4 Billion Revenue in 2024H1, Marking an 8.38% Year-Over-Year Increase
Research reports dig deep | Fangzheng Securities: Sungrow Power Supply's Q2 performance shines, maintaining a 'buy' rating
According to the Fangzheng Securities research report, Sungrow Power Supply (300274.SZ) had impressive Q2 performance, with a solid leading position in the power inverter and energy storage business. The company maintains a "recommended" rating. The company's net income attributable to shareholders in the second quarter was 2.863 billion yuan, an increase of 0.57% year-on-year and 36.56% quarter-on-quarter. The company's photovoltaic power inverter revenue in the first half of the year was 13.093 billion yuan, a year-on-year increase of 9.64%, with a gross margin of 37.62%, an increase of 1.70% year-on-year. During the reporting period, the company's channel business developed rapidly. The company expanded its presence in the European, American, Australian, and Chinese channel markets, and its global service network grew to over 490 locations. The gross margin of its energy storage systems
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