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CICC: In Q3, the profitability of the photovoltaic industry chain remains low, and prices in the peak season of Q4 are expected to rebound slightly to the cash cost.
In terms of pace, the prices of the photovoltaic industry chain in Q3 are stabilizing, and the situation of inventory impairment is expected to improve slightly, but profitability remains low; Prices in the peak season of Q4 are expected to rebound slightly to cash cost, but attention should be paid to industry fixed assets impairment situation.
Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Largest Shareholders Are Private Companies With 50% Ownership, Individual Investors Own 31%
Chint Electrics Unit to Set Up Photovoltaic Power Joint Venture
Zhejiang Chint Electrics (601877.SH): Its holding subsidiary, Taizhou New Energy, plans to sign an Investment Cooperation Agreement with Yizheng Investment.
On September 20, Chint Electrics (601877.SH) announced that in order to improve asset turnover efficiency, deepen customer cooperation, expand industry scale, and support the sustained, rapid, and stable development of the company's household photovoltaic business, its holding subsidiary, Taizhou New Energy, plans to sign an Investment Cooperation Agreement with Yizheng Investment. Taizhou New Energy is a wholly-owned subsidiary of Chint Electrics' subsidiary Zhejiang Chint Energys Digital Energy (Zhejiang) Co., Ltd. (hereinafter referred to as 'Chint Energys'). Taizhou New Energy and Yizheng Investment will respectively contribute 19.53 million yuan and 88.97 million yuan of self-raised funds to establish a joint venture company, the joint venture company
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