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The photovoltaic "patent war" continues to escalate! Canadian Solar responds to the lawsuit filed by Trina Solar Co., Ltd.: it lacks factual and legal grounds.
① Canadian Solar claims that Trina Solar Co., Ltd. has jointly filed a lawsuit against the company and Changshu Canadian Solar for more than 1 billion yuan based on these two patents, lacking factual and legal basis; ② The photovoltaic patent war indirectly reflects the intense competition in the current solar industry, with leading companies wanting to gain further market advantages through patent litigation. However, the impact of the patent war on both parties has also attracted market attention.
Trina Solar Co., Ltd. (688599.SH): The company's existing domestic and overseas production capacities are now sufficient to meet the shipping plan for the entire year of 2025.
On February 7th, Gelonghui reported that Trina Solar Co., Ltd. (688599.SH) disclosed the record of investor relations activities, indicating that with the successful production of the company's 1GW Battery component project in Indonesia, the existing domestic and overseas production capacity can fully meet the shipping plan for the entire year of 2025. Based on this, the company will continue to adhere to a prudent capital expenditure strategy and has not planned new production investment projects for now. In the future, the company will dynamically assess domestic and overseas investment opportunities based on changes in market demand and industry development trends, ensuring efficient allocation of resources to support the sustainable and healthy development of its business.
Trina Solar Co., Ltd. (688599.SH): It is expected that the Global solar module market demand will increase to over 660 GW by 2025.
On February 7, Glosso announced that Trina Solar Co., Ltd. (688599.SH) disclosed an investor relations activity record. With the continuous deepening of the Global Energy transition, and the further promotion of photovoltaic technology advancements and cost reductions on the competitiveness of photovoltaic modules, the photovoltaic module market still holds vast development potential. It is expected that by 2025, the Global demand for photovoltaic modules will increase to over 660 GW, with particularly notable growth in Emerging Markets such as the Middle East, Latin America, and Asia-Pacific. The company will continue to leverage its competitive advantages in branding, channels, and Global layout to further solidify its Business foundation. At the same time, the company will accelerate its production capacity.
Trina Solar Co., Ltd. (688599.SH): repurchased 0.65% of the company's shares.
On February 5, Gelonghui announced that Trina Solar Co., Ltd. (688599.SH) reported that as of January 31, 2025, the company repurchased a total of 14,231,863 shares through the centralized bidding trading method on the Shanghai Exchange, accounting for 0.65% of the total share capital of 2,179,365,342 shares. The highest price for the buyback was 24.91 yuan/share, the lowest price was 15.82 yuan/share, and the total amount paid was 237,972,308.68 yuan (excluding stamp duty, trading commissions, and other trading fees).
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