Component gross profit rises sharply! The company's first-half profits almost doubled.

On August 22, Haitai Xinneng released its performance report for the first half of the year. In the first half of the year, the company realized operating income of 2.126 billion yuan, a year-on-year decrease of 26.76%; net profit attributable to parent company of 63.9427 million yuan, a year-on-year increase of 84.83%; net profit deducted from non-parent company of 62.7495 million yuan, a year-on-year increase of 79.61%. The main reason for the decline in

business income is that Haitai Xinneng said that in the first half of the year , the price of polysilicon materials at the front end of the photovoltaic industry chain fluctuated, and the international trade environment changed, which led to the sales price of the company's components being affected by the price of raw materials and the market, showing a gradual downward trend. While the increase in net profit was mainly due to the decrease in the price of raw material cells during the supply of the Company in the second quarter, which increased by 23.46% in June, the decrease in the cost side was higher than that in the sales side, and the gross profit margin of the Company's components expanded to achieve the increase in net profit.

According to the data, Haitai Xinneng was founded in April 2006 and listed on the Beijiao Stock Exchange in August 2022, with Wang Yong as its legal representative. It is a high-tech enterprise focusing on green energy, covering five major business sectors: photovoltaic modules, photovoltaic power stations, photovoltaic brackets, energy storage and hydrogen energy.

Haitai Xinneng entered the photovoltaic industry in 2008, starting from the component industry. It is understood that Haitai Xinneng's current annual production capacity of components has reached 10GW.