22, Rainbow New Energy announced its interim results. In the first half of 2023, the company realized operating income of 1.287 billion yuan, an increase of 17.5% over the same period last year. The net loss was about 147 million yuan, and the net profit for the same period last year was about 61.0986 million yuan.
The company said that the gross profit of photovoltaic glass products dropped sharply due to factors such as the decline in the average price of solar photovoltaic glass products and the rise in costs. During the reporting period, the company's photovoltaic glass revenue was 1.275 billion, an increase of 18.2% over the same period last year.
The company's photovoltaic glass kilns and supporting production lines in Hefei, Yan'an and Shangrao bases have maintained stable operation, and the photovoltaic glass deep processing production line in Xianyang base has achieved rapid development. At the same time, we will accelerate scientific and technological innovation, focusing on the layout of thin, large-size and high-power photovoltaic glass products, and the proportion of new products will continue to increase. During the
reporting period, the photovoltaic glass furnace and supporting production line of Hefei Base operated continuously and stably. At the same time, the Company adhered to the development path of "specialization, excellence, innovation", promoted technological innovation to lead industrial upgrading, and achieved remarkable results in the digitalization construction of production lines, 182/210 large-size thin double-glass products, energy-saving technology development and engineering application of photovoltaic glass furnaces, and achieved stable operation and innovative development as a whole.
Yan'an Base deepens quality management, helps improve quality and efficiency, and achieves stable development as a whole. With the development of thin and large-size PV glass products as the main line, the Company has intensified efforts to tackle key technical problems, continuously optimized the production process, made major breakthroughs in the research and development of 2.0mm wide ultra-thin calendering technology, and continued to promote the iterative efficiency of thin and anti-reflection coating technology.
Shangrao Base has invested in the construction of ten ultra-thin and highly transparent photovoltaic glass kilns and supporting deep processing production lines in three phases, of which the first photovoltaic glass kiln in the first phase of the project has been put into operation, and the corresponding supporting deep processing production lines can meet the production of mainstream products such as double-layer coating and double-glass, while the remaining two photovoltaic glass kilns have been accelerated. The construction of photovoltaic glass kilns and supporting deep processing production lines in the second phase of the project has been promoted in an orderly manner.
The Xianyang Base has invested in the construction of five ultra-thin, double-film, high-transparency and large-size photovoltaic glass deep processing production lines in two phases, of which the three photovoltaic glass deep processing production lines of the first phase project have been fully mass-produced and stably supplied to customers, and the two photovoltaic glass deep processing production lines of the second phase project are accelerating. The research and development of 1.6mm & nbsp; ultra-thin semi-tempered photovoltaic glass technology has been completed, and the product has successfully rolled off the production line and has been certified by customers.
Rainbow New Energy said that the company has formed eight core technology systems in the field of photovoltaic glass, developed its own brand of wide-width high-efficiency calender, built an industry-leading, integrated and linked digital factory, accelerated the iterative upgrading of photovoltaic glass products, and greatly increased the output of thin, large-size and high-power products; The equipment manufacturing technology development and industrialization project of high-stability, intelligent, thin and large-lead-out calender has been listed in the key core technology industrialization project of key industrial chain of Shaanxi Province in 2023.
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