000114 SSE Sustainable development industry Index
- 1181.60
- -11.49-0.96%
Dialogue with JinkoSolar's Qian Jing: Company's N-type shipments will exceed 100GW, and overall prices in the third and fourth quarters may stop falling and slightly rebound.
As of the end of 2024, JinkoSolar's planned production capacity for silicon wafers, cells, and modules are 120GW, 110GW, and 130GW respectively. "We expect our N-type production capacity to exceed 100GW by the end of 2024," said Qian Jing. JinkoSolar's 2GW module capacity at its US factory is currently in production, and "we are still keeping an eye on whether to expand production in the future," Qian Jing added.
Davos Voice | Interview with JinkoSolar Vice President Qian Jing: Energy storage is the company's second growth curve, and intelligent control technology for light storage will be a key development focus.
Qian Jing believes that light storage is the forefront of future growth because it is the foundation and the end of everything. Qian Jing talked about the future overseas production capacity layout, mainly considering several factors, including policy risks, national credit, China's relationship with the region, funds, market, local government's ambition and action in developing new energy, infrastructure including electricity price and labor quality, and other factors.
The situation for going abroad is more optimistic compared to the same period last year. Wuxi Autowell Technology Co., Ltd. expects a 58.84% increase to 76.80% in the first half of the year.
It is calculated that the net income of Wuxi Autowell Technology Co., Ltd. in the second quarter of 2024 is expected to be between 359 million yuan and 439 million yuan, surpassing the net income of 333 million yuan in the first quarter of 2024, and the net income of 301 million yuan in the second quarter of 2023. The company stated that in recent years, it has accelerated its expansion into overseas markets, and the outlook for the overseas market is better than the same period last year. In 2023, the overseas revenue of Autowell Technology Co., Ltd. reached 997.8 million yuan, accounting for 15.83% of the total revenue.
Northbound funds report large buy orders: China Yangtze Power suffered a net sell-out of 1.72 billion yuan.
On June 14th, the northbound funds net sold 4.735 billion yuan for the whole day, marking the fourth consecutive day of net selling.
Is the heterojunction ushering in a 'locomotive'? Tongwei Co., Ltd has joined the Heterojunction 740W+ Club and said it will help to break through the technology.
1. Faced with the industry's "ice age," heterogeneous structure enterprises gather together to promote technological innovation. 2. Solar cell industry leader Tongwei Co., Ltd. has joined the Efficient Heterojunction Club today, saying that it will help achieve innovative breakthroughs in heterojunction technology.
Two giants are associated! The subsidiary of "Prince Ning" acquired a subsidiary of Longi Green Energy Technology.
①Longi Green Energy's Securities Department stated that this is a normal business model in the industry; ②Industry insiders said that it will help Longi quickly recover capital; ③Contemporary Amperex Technology has recently established subsidiaries intensively, involving wind power, photovoltaics, electrical utilities, new energy technology research and development, etc.
Malaysia's factories are all in production. The announcement for the disclosure of news reported by the media on the 120 billion photovoltaic leading company is presented in a post-market announcement summary.
Tianfeng Securities: Provided a total guarantee of USD 350 million for the issuance of US dollar bonds by Tianfeng International and others.
At the end of the first quarter, mmf funds still had 57.3 billion yuan, and Longi Green Energy is going to issue bonds worth billions of yuan again.
Longi Green Energy Technology announced that it plans to publicly issue RMB 10 billion enterprise bonds. As of the end of the first quarter of this year, Longi Green Energy Technology still had RMB 57.314 billion in monetary funds. The company's chairman mentioned that 2024 will be the most difficult year for Longi in the past decade.
According to the data analysis, for 16 consecutive days, Northbound capital has increased its stake in China Yangtze Power, and the activity of first-tier gaming companies continues to freeze.
China Yangtze Power ranked first with a net buy of 434 million yuan in the top ten transactions of Shanghai and Shenzhen stock connect. The stock has been a net buy for 16 consecutive trading days. Short-term capital activity is still low, with only Shanghai Belling Corporation, Ltd. receiving a first-tier institutional investor's net buy of over 20 million yuan today.
No positive response to the rumor of production shutdown in Southeast Asia, a new round of "double reverse" may be imminent. Will Longi Green Energy face setbacks in exports to the United States again?
Regarding the rumors of reduced production and shutdowns in battery and component factories in Southeast Asia, Longi Green Energy responded to a Caixin journalist's inquiry that specific details are still being discussed with overseas business partners. The US may continue to launch another round of anti-dumping and countervailing duty investigations on Southeast Asian photovoltaic products, making it more difficult for the export of Southeast Asian photovoltaic products to the US.
Major carbon neutrality policy released, the share of recycled metal supply is expected to rise sharply
① The State Council issued the “2024-2025 Energy Conservation and Carbon Reduction Action Plan”. The plan requires optimizing the layout of non-ferrous metal production capacity. By the end of 2025, the share of recycled metal supply will reach more than 24%, and the proportion of direct alloying of aluminum water will increase to more than 90%. ② Domestic waste non-ferrous metal recycling is estimated to be close to 20 million tons by 2027, which can replace more than 1.1 billion tons of non-ferrous metal mineral resources.
The photovoltaic sector is now once again predicting pulsed “blood back” by leading module manufacturers: bottoming out of profits indicates that an inflection point is approaching
① With the accelerated clearance of backward production capacity, recovery in demand, and implementation of relevant policies, the photovoltaic industry is expected to gradually return to a healthy development path; ② Jinko Energy believes that bottoming out of profits in all sectors is a time when an inflection point has arrived. Losses of more than 70% of enterprises in the first quarter indicate that the inflection point is approaching. Trina Solar believes that the number of new installations will continue to increase in the second half of the year.
【数据看盘】北向资金连续6日加仓长江电力 IC、IM期指多头大幅加仓
①今日盘中再创历史新高的长江电力获北向资金净买入超5亿，该股已连续6个交易日获净买入。 ②IC主力合约多头加仓超千手，空头小幅减仓；IM主力合约多头加仓超4000手，加仓数量明显大于空头。
Chinese assets have ushered in a lot of good news!
Today, although the major indices of A-shares and Hong Kong stocks have not increased much, individual stocks have shown a general upward pattern. The money-making effect on the market is obvious, and concept stocks such as PV, real estate, and AI PCs have collectively strengthened.
Goodway: The Q1 domestic household system development business contributed a lot of revenue and the industry is expected to finish in the middle or second half of the year | Direct access to performance
① Goodway executives said that inventory removal in the European inverter industry is still gradually improving. Overall market demand in Europe is still in a relatively steady upward trend, and it is expected that industry inventories will be eliminated in the middle or second half of this year. ② The company's domestic household system development business contributed a lot of revenue in the first quarter. Overseas revenue for the first quarter was about 400 million yuan, accounting for about 36%. The gross margin for the first quarter was less than 30%, down slightly from last year.
In anticipation of interest rate cuts in Europe, inverter production is scheduled to increase markedly in April
Institutional research reports indicate that in terms of photovoltaics, there was a slight decline in module production in late April and May, but inverter production began to increase markedly in April and continued in May, and the Q2 inflection point was established.
The last major increase in efficiency of crystalline silicon modules? Longji Green Energy's performance will push BC Technology to “break the siege” and new products are expected to be released in 2025 | Direct access to the results
① The company is about to release HPBC second-generation modules, and the module battery conversion efficiency has reached 24.4%; ② The company believes that BC technology is mainstream, and composite passivated back contact batteries are the definitive direction; ③ The company believes that according to the current market supply situation, without any special external factors, the supply chain imbalance problem will be difficult to resolve in the short term, and the elimination of backward companies will be accelerated.
Component prices fell, JinkoEnergy's Q1 net profit decreased by nearly 30% year-on-year
On the evening of April 29, JinkoEnergy released its first quarter results report. In the first quarter of this year, the company's revenue was 23.084 billion yuan, a year-on-year decrease of 0.3%; realized net profit of 1,176 billion yuan, a year-on-year decrease of 29.09%, and an increase of about 8.29% over the previous year.
The “power” of inventory and asset impairment is too great, Longji Green Energy turned profit and loss in the first quarter | Financial Report Interpretation
① Longji Green Energy's Q1 net loss was 2.35 billion yuan, and current inventory asset impairment preparations reached 2,649 billion yuan, which is an important reason for profit and loss; ② Regarding the annual target, the company head said that the overall shipping growth rate this year will not be lower than the average growth rate of the industry, and product shipments will continue to grow.
JinkoEnergy responds to the fire accident at the Shanxi factory: it is expected to have a certain impact on this year's results
① Regarding the fire accident at the Shanxi factory, Jinko Energy explained the situation today and is initially expected to have a certain impact on the 2024 annual results; ② According to Jinko Energy's previous plan, in 2024, the company will “strive to achieve an annual shipment target of 100-110GW, of which N-type shipments account for nearly 90%”.