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Huachuang Securities: In March, the production schedule for Battery Packs increased significantly, and new orders for Photovoltaic Glass saw price hikes.
After the holiday, the demand starts to surge along with the rush installation demand, leading to an over 20% month-on-month increase in the production schedule of the Battery Pack in March; in March, the new order price of Photovoltaic Glass is expected to increase, potentially driving the recovery of profitability in this sector.
The A-share sector of Photovoltaic Equipment has risen, and Tongwei Co.,Ltd has increased by over 5%.
On March 6, Gregory Exchange reported that the A-share Photovoltaic Equipment Sector rose, with Haiyou New Materials up over 15%, Tongwei Co., Ltd up over 5%, and Ainengju, Shichuang Energy, Gansu Jingang Solar, and Tongling Co. also seeing gains.
Tongwei Co., Ltd (600438.SH): A total of 2.2588% of the company's shares have been repurchased.
On March 5, Gelonghui reported that Tongwei Co., Ltd (600438.SH) announced that as of the date of this announcement, the company has repurchased a total of 101,688,812 shares through the centralized bidding trading system of the Shanghai Exchange, accounting for 2.2588% of the company's current total share capital of 4,501,985,663 shares. The highest price for the repurchase was 22.94 yuan/share, the lowest price was 17.43 yuan/share, and the total transaction amount was 2,007,814,990.13 yuan (excluding transaction commissions and other trading costs).
Express News | Tongwei Co.,Ltd: The power of heterojunction modules once again breaks the world record.
Tongwei Co.,Ltd: The price of Polysilicon is expected to stabilize and gradually recover.
On March 5, Gelonghui reported that during an Institutions investigation, Tongwei Co.,Ltd stated that since the implementation of the Industry Chain self-discipline initiative, major enterprises in the Industry have actively responded by adjusting production capacity in stages to achieve reasonable control of the operating rate and output, with signs of marginal improvement on the supply side gradually emerging. However, January to February has traditionally been the off-season for the Industry, with seasonal weakening in end-user installation demand, coupled with certain inventory levels in various links of the Industry Chain that remain to be digested, leading to suppressed market transaction activity in the short term. The price of silicon materials has not fully reflected the impact of supply contraction. As the pace of photovoltaic project construction warms up in the second quarter, the Industry Chain is expected to enter a favorable period.
Express News | Will there be a future adjustment to the Convertible Bonds conversion price? Tongwei Co.,Ltd responds.