On November 14, Yingli disclosed the latest research information. In the research activities, Yingli said that the company has a 500MW crystalline silicon module production line, which mainly produces P-type photovoltaic modules; The N-type high-efficiency PV module production line purchased from Jiangsu Hongruida and Suzhou Shengcheng is expected to be installed in January next year; the capacity of 2.4G W will also be realized in January. In the third quarter,
the Company had an inventory of PV modules of approximately 63MW, with a provision for impairment of RMB19 million. In the inventory, photovoltaic modules are more than 60 million yuan, and almost all other stocks are notebook computer structural parts. Subsequent PV modules will not have a larger impairment, the company will use the inventory of 63 MW modules in power plant projects around the country, the scale of the whole impairment at the end of the year should be less than preliminary estimate of the three-quarter report.
In view of the company's three-year 20GW plan for photovoltaic modules, the company said that it would continue to invest in this field, but the speed would be relatively slow and prudent. More resources will be tilted to the development of the market side. The price of the whole photovoltaic industry chain has declined, which has greatly reduced the construction cost of photovoltaic power plants and stimulated the demand for installation. The company will accumulate over time.