On December 14, Arrow Energy disclosed a letter of intent to publicly issue 40 million shares, accounting for 25% of the company's total equity after issuance. After deducting the issuance expenses, the Company will invest in the expansion project of energy storage battery and inverter, the construction project of optical storage intelligent energy research and development center, the overseas marketing and service system project, and the replenishment of working capital project, with a total of about 809 million yuan to be raised.
According to the prospectus, the net profits attributable to the owners of the parent company in the first half of 2020 to 2023 are 33.0643 million yuan, 62.8745 million yuan, 1.134 billion yuan and 975 million yuan respectively. In addition, based on the company's current business situation, market environment and orders in hand, the company expects business income in 2023 to be 4.5 billion yuan to 4.7 billion yuan , which is basically the same as in 2022. It is estimated that the net profit attributable to the shareholders of the parent company in 2023 will be 1.050 billion yuan to 1.150 billion yuan, which is basically the same as the same period last year. It is estimated that the net profit attributable to the shareholders of the parent company after deducting non-recurring gains and losses will be 1.030 billion yuan to 1.130 billion yuan in 2023, which is basically the same as the same period last year. Established in March 2012,
Zhejiang Arrow Network Energy Technology Co., Ltd. mainly provides photovoltaic energy storage inverters, energy storage batteries and grid-connected inverters for overseas customers, which are used in distributed photovoltaic energy storage and grid-connected fields.