Last year, net profit increased by more than 200%, and Q1 net profit increased by more than 300%! Shuangliang Energy Saving has made a lot of money!

On April 13, Shuangliang Energy Conservation announced its annual performance report for 2022.

The announcement shows that in 2022, the company achieved a total operating income of 14,476,358,560.67 yuan , an increase of 277.99% over the same period last year; Net profit attributable to shareholders of the listed company was RMB956,525,840.44 , representing a year-on-year increase of 208.43% .

As of December 31, 2022, the total assets of the Company were RMB 21,942,570,424.39, representing a year-on-year increase of 144.05%; the owners' equity attributable to the shareholders of the listed company was RMB 6,829,196,599.58, representing a year-on-year increase of 183.84%.

Shuangliang Energy Conservation said that last year's performance surge was mainly due to the steady growth of the company's traditional energy-saving and water-saving business, the rising prosperity of the photovoltaic industry , and the rapid growth of the company's polysilicon reduction furnace system business sales brought about by the expansion of polysilicon production capacity. In addition, the company's large-size monocrystalline silicon wafer business climbed smoothly, and both production and marketing were booming, contributing considerable profits to the company rapidly.

On the same day, Shuangliang Energy Conservation announced the company's pre-increase announcement for the first quarter of 2023.

It is estimated that the net profit attributable to shareholders of listed companies in the first quarter of 2023 will be 470 million yuan to 520 million yuan , which will increase compared with the same period last year. RMB349,134,800 to RMB399,134,800 , representing a year-on-year increase . 288.86 to 330.23 percent .

In addition, Shuangliang Energy Conservation announced that its wholly-owned subsidiary had recently received the Notice of Transaction from Guoneng (Beijing) International Economic and Trade Co., Ltd.

According to the announcement, the transaction project is the PC project of Inner Mongolia New Energy Hongnijing 200 MW Photovoltaic Zone B Section of Guoneng Longyuan Electric Power Technology Engineering Co., Ltd., with an estimated total transaction amount of 355,242,888 yuan . 9.28% of the audited operating revenue of the Company in 2021.