< Today's Highlights & >
1. 74.76%! Photovoltaic equipment leader first half report released! (Click the title to view the full text)
Otway released its semi-annual performance report on the evening of August 27, which said that in the first half of 2023, the operating income was about 2.517 billion yuan, an increase of 66.41% over the same period last year; the net profit attributable to shareholders of listed companies was about 523 million yuan, an increase of 74.76% over the same period last year; Basic earnings per share was RMB3.39, representing a year-on-year increase of 75.65%.
2. Net profit increased more than 11 times!
On August 27, Yijing Optoelectronics released its semi-annual report for 2023. In the first half of the year, the company achieved an operating income of 4.365 billion yuan, an increase of 26% over the same period last year, creating a new record of semi-annual operating income since listing. The net profit attributable to the parent company was 285 million yuan, an increase of 1106.64% over the same period last year; The net profit deducted from non-profits was 322 million yuan, turning losses into profits year on year. As of the close of August 25th, the share price of Yijing Optoelectronics was 6.06 yuan per share, with a total market value of about 7.2 billion yuan.
3. Another photovoltaic company completed a round of financing of over 100 million yuan!
Recently, Riyu Photovoltaic completed the A-round RMB financing of over 100 million yuan, led by Huaneng Investment, followed by South Grid Fund, Pross Construction and Development, Qianhai Ark, Guolian Xinchuang and other institutions. The completion of this round of financing further verifies the technical strength and market potential of Riyu Photovoltaic, as the leading manufacturer of N-type TOPCon battery silver paste, in the new generation of solar cell front silver paste. The injection of a number of new shareholders will also bring more strategic resources and cooperation opportunities for the company.
4. Plan a green hydrogen base!
On August 24, Teda announced that it planned to set up a joint venture company "Guohua Teda New Energy Development Co., Ltd." With a joint investment of 100 million yuan from China and Teda Electric Power. It will invest in centralized photovoltaic, distributed photovoltaic, BIPV and other fields, and plan "green electricity into Tianjin", "green ammonia" and "green hydrogen" base projects, focusing on new energy investment in the future.
< Project Progress
> 1.4GW! 1.4 billion yuan! Baichuan Changyin intends to sign a new heterojunction project
on August 28. Baichuan Changyin announced that the company intends to sign the Cooperation Agreement on High Efficiency Heterojunction Battery Project with the Management Committee of Moganshan High-tech Industrial Development Zone, Huzhou, Zhejiang Province. The fixed assets investment for the project with an annual output of 4GW high-efficiency heterojunction battery is about 1.4 billion yuan (the final total investment is subject to the actual investment amount), and 8 high-efficiency heterojunction battery production lines will be built. After the project is completed and put into production, the project subsidiary will have an annual production capacity of 4GW high-efficiency heterojunction battery. The project is divided into two phases, the first phase is 2GW, and the investment amount is about 800 million yuan.
Another PV Module Project On August 26, Weining Autonomous County, Bijie City, Guizhou Province held the commencement ceremony of major projects in the third quarter of 2023 and the commencement ceremony of the second phase production line of Yidao Changtong PV module. Among them, a Changtong photovoltaic module phase II production line, with a planned investment of 140 million yuan, is a high-efficiency photovoltaic production line integrating single sheet welding, lamination, testing and other processes, with an estimated annual capacity of 1 GW, and is scheduled to be completed and put into operation in October.