2024 Service Trade Fair | Interview with Jinkosolar Vice President Qian Jing: Building a factory in Saudi Arabia is the breakthrough for Jinkosolar, and production is expected to start in early 2026.
① Service-oriented manufacturing is the next stage of the photovoltaic manufacturing industry; ② The Middle East market is growing significantly; ③ In the face of industry integration, building factories in Saudi Arabia is a breakthrough path for JingKe.
Change of ownership + merger! Hanjia Design Group: cash acquisition of 51% equity of Futai Technology did not trigger the restructuring for IPO | Quick announcement
①Hanjia Design, which has been listed for 6 years, announced a change of ownership just 2 trading days after the suspension; ②In this equity transaction, the acquiring party, Tailian Zhixin, offered a high premium, with a 60% premium over the closing price of Hanjia Design on September 6th of 6.59 yuan per share; ③Fu Tai Technology shareholders have committed that the accumulated net income realized in 2024 and 2025 by the company after the acquisition will not be less than 0.216 billion yuan.
Futai Technology or go public through reverse takeover, intending to acquire Hanjia Design Group? | Express Announcement
1. Hanjia Design's performance has been continuously declining, which may be an important background for the controlling shareholder's planned transfer of controlling rights; 2. Futubull Technology and Hanjia Design have synergies in their business, with the former having planned to go public on the GEM; 3. If the "reverse acquisition" is successful, it means that Futubull Technology will achieve a backdoor listing.
The annual cold repair scale of photovoltaic glass has exceeded 0.01 million tons per day, and glass prices are expected to bottom out and rebound.
① Multiple industry insiders have told reporters that the current cold repair scale of the entire industry exceeds 12,000 tons per day. ② According to research reports from CSC Securities, in the short term, with the upward production of Q3 components, the prices of some auxiliary materials such as film and glass may hit bottom and rebound.
Longi Green Energy Technology: It is expected that the price of silicon wafers has reached its lowest point and will only increase in the future, not decrease. | Live coverage of the earnings conference
①Longi green energy technology releases confidence to investors. Considering the current situation in the industry where cash costs are generally in a loss, the price of silicon wafers will only rise, not decrease. ②However, the management believes that all links currently face ongoing operational pressure, and the timing of price adjustments remains unclear.
Component quantity increased and prices decreased. Trina Solar Co., Ltd. saw a decline in revenue and net profit in the first half of the year, with inventory value exceeding 30 billion yuan.
①In the first half of the year, the company's module shipments were 34GW, a year-on-year increase of over 25%; correspondingly, module revenue was 30.057 billion yuan, a year-on-year decrease of 11.52%. During the reporting period, the company recorded inventory impairment losses and impairment losses on contract performance costs of 0.502 billion yuan; ②The company's Indonesia base (1GW batteries, 1GW modules) and usa base (5GW modules) are expected to be put into operation in the second half of 2024.