The fluctuation of the photovoltaic cycle far exceeds the past. Representatives of leading companies suggest considering transformation earlier if things are not going well.

① In the case of a divergence between prices and costs, the photovoltaic industry has fallen into a crisis not seen in recent years, with prices at various stages declining by 60%-80% compared to the peak in 2023; ② Long-term losses are unacceptable in any industry, and with market growth slowing, it has become very difficult to resolve the current capacity issues. This cycle may last longer.

cls.cnNov 20 01:27 ET

"Waterproof King" Beijing Oriental Yuhong Waterproof Technology has once again crossed boundaries and taken over a landmark hotel in Chengdu from Sun Hongbin.

The 'waterproof leader' Beijing Oriental Yuhong waterproof technology took over the InterContinental Hotel in Chengdu Paradise Island Center, which was previously unsold for 1 billion yuan.

cls.cnNov 12 07:33 ET

Trina Solar Co., Ltd.: The 'deceleration strategy' correctness remains to be observed. Energy storage will become a new profit growth point. | Focus on earnings conference

①In the third quarter, the price of photovoltaic modules continued to decline, but the gross margin of the energy storage business improved, and energy storage will become a new profit growth point; it is expected that by the end of the year, silicon wafer capacity will be 55GW, module capacity will be 120GW, N-type battery capacity will be 70GW, and P-type battery capacity remains to be clarified; ②The industry is facing positive changes, and the industry chain profitability will certainly be restored, but in the future, there will be more and more differentiation space on the brand side, channel side, and customer side.

cls.cnNov 12 02:33 ET

Another semiconductor summit is about to be held, and the advanced packaging industry is expected to maintain a high level of prosperity.

①The 21st China International Semiconductor Exhibition (ICChina2024) will be held at the Beijing National Convention Center from November 18th to November 20th. ②Yole expects that the global advanced packaging market size is expected to increase from $46.83 billion in 2023 to $78.55 billion in 2028.

cls.cnNov 11 18:54 ET

Jinkosolar: Steady progress in signing orders in 2025, obvious trend of component prices rebounding, direct hit on the earnings conference.

①The company has already invested in 2GW of module production capacity in the USA, is expected to complete the capacity ramp-up by the end of this year, and is expected to increase production next year. The Saudi project is in the promotion execution phase, planning to start infrastructure construction in the first half of next year, and is expected to reach production in the first half of 2026; ②Li Xiande said that next year, global (module) demand will remain stable and increase, with an estimated growth rate of 10-20%.

cls.cnNov 11 05:40 ET

Trina Solar Co., Ltd. reorganizes in the United States: exchanging shares in the component factory for nyse company shares, selling products through the latter.

①The underlying assets involved in this restructuring are the 5GW module factory of trina solar co., ltd. in the usa, which is under construction and about to be put into production. ②trina solar co., ltd. will receive 0.1 billion dollars in cash, 0.15 billion dollars in face value of preferred notes, and FREYR common stock. ③Currently, trina solar co., ltd. is facing losses, while its gross margin in the usa market is the highest.

cls.cnNov 6 20:21 ET