Bangjie Co., Ltd.: In 2024, promote 16GW cell + 16GW slice project + Phase II 10GW module project

2023-12-29 11:41:50

Promote the 16GW cell + 16GW slice project of Jiangshan Base and the R & D center of Yangzhou Base + Phase II 10GW component project as planned.

On December 29, the official public number of Bangjie shares released the New Year's speech of Chairman Chen Jiansong. Among them, Chen Jiansong proposed that in 2024, Bangjie will promote the 16GW battery slice + 16GW slice project of Jiangshan Base and the R & D center of Yangzhou Base + Phase II 10GW component project as planned. The original text of the

speech is as follows:

Chairman Chen Jiansong's New Year's Speech | Great Ambition, Welcome Recovery

2023 is drawing to a close, and 2024 is coming quietly. For all photovoltaic people, 2023 is a very unusual year, China's new photovoltaic installed capacity is expected to exceed 180GW, to achieve more than 100% growth, the industry continues to pour into new entrants and capital, capacity supply is climbing rapidly, while concerns about overcapacity surround all practitioners, the price of the industrial chain fluctuates sharply, and component prices fall. The whole industry shows a trend of "volume increase and price decrease". Within

a year, we have witnessed the industry glory of half a million people gathering in SNEC, and also experienced the collapse of the wave of entrants. 2023 is a milestone in the development of Bangjie shares. This year, Bangjie closely followed the opportunities of the times, actively responded to the national "double carbon strategy", with the help of the rich experience of strategic shareholders in the photovoltaic field, gathered industry elites, in the changing external environment and fierce competition, always firmly determined to transform the photovoltaic business, steadily advanced in accordance with the established plan, and jointly opened a new chapter of Bangjie seamless clothing + photovoltaic development.

Practice the "pioneering" spirit, efficient commissioning and production. As the first stop of Bangjie Photovoltaic Strategy, Yangzhou Base entered the construction site on March 10, 2023 and was put into full operation on September 26. The engineering team of Bangjie has overcome difficulties, and in a short period of half a year, Yangzhou Intelligent Modern Factory has sprung up. With the same goal and concerted efforts, we have achieved the brilliant result of 10GW effective production capacity in six months.

Carry forward the spirit of "craftsmen" and create excellent products. We have made a major breakthrough in technological innovation and product quality. The manufacturing team of Bangjie has been innovating and striving for excellence. Since the first line was completed, they have continuously studied and made progress, and put pressure on themselves. In only about three months, the efficiency has exceeded 26%, which is comparable to the industry benchmark, and has won the recognition and respect of the industry and society with their strength.

Carry forward the spirit of "entrepreneurship" and promote business development. We have overcome many difficulties, explored the market against the trend, reached strategic cooperation with leading enterprises in the industry, sold products to the global market, established overseas localization team and global marketing network, rapidly increased market share and brand influence, and achieved remarkable results.

The wind and rain are like darkness, and the original aspiration has not changed. At present, the entire photovoltaic industry has been impacted, many enterprises and factories began to reduce production, business stagnation, the industry briefly entered the bottom of the cycle. For Bangjie, a mature management team is the premise to cope with the "cold winter" in an orderly manner. Under the leadership of photovoltaic veterans who have experienced several cycles, we prepare "food and grass" and "bullets" in advance to cope with the cold winter and ensure the safety of operation. I am gratified to see that everyone is thinking and working together, and the production team and functional departments are working closely together to form a strong synergy.

Be ambitious for recovery. Through hard work in 2023, Bangjie has built an efficient operation system and management mechanism, established a solid cooperative relationship with photovoltaic partners, and has an experienced core team and a perfect talent echelon. In 2024, we will promote the 16GW cell + 16GW slice project in Jiangshan Base and the R & D center + Phase II 10GW module project in Yangzhou Base as planned; we will further reduce manufacturing costs and improve product quality through management improvement, process optimization, technological innovation and other initiatives.

I believe that with the joint efforts of all, Bangjie will maintain the spirit of innovation, constantly pursue excellence, improve service quality and customer satisfaction, actively fulfill social responsibility and environmental protection obligations, and promote the healthy and sustainable development of the photovoltaic industry.

Standing at the turning point of the year and looking forward to the future, let's forge ahead with higher morale and more powerful actions to write new brilliance for the development of Bangjie! Finally, I wish you all a happy family and all the best in the new year!

Chairman Chen Jiansong December 29

,

2023

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Correlation

Promote the 16GW cell + 16GW slice project of Jiangshan Base and the R & D center of Yangzhou Base + Phase II 10GW component project as planned.

2023-12-29 11:41:50

It has become the main supplier of N-type material products.

2023-12-29 09:18:13

There is still a huge guarantee problem.

2023-12-26 09:10:31

From 2020 to June 2023, the main business income of the top five customers accounted for 100.00%, 99.99%, 98.67% and 97.62% respectively.

2023-12-25 19:21:15

20 billion photovoltaic projects were stranded.

2023-12-25 19:13:27

Xie Yanhui is still the director and legal representative of the company.

2023-12-25 09:18:16

The Restructuring Investment (Intention) Agreement was concluded four months after its signing.

2023-12-25 09:09:01

Coal enterprises across the country have achieved zero breakthrough in the listing of hydrogen energy subsidiaries.

2023-12-22 09:25:04

US Customs is releasing more detained solar panels onto the market.

2023-12-21 09:20:49

We will accelerate the research on technologies such as gas storage, hydrogen storage, carbon dioxide storage and air storage, and promote new industries, new formats and new models.

2023-12-21 08:53:41

Nikola has claimed that its first hydrogen energy truck can run more than 1000 miles in 15 minutes on a single charge, with zero emissions and no pollution.

2023-12-20 09:40:44

The registered capital is 20 million yuan.

2023-12-20 09:28:40

Year-on-year growth of 110.86% and 146.03% respectively.

2023-12-20 09:28:24

Provide more than 150 MW heterojunction module products in the next 3 years.

2023-12-20 09:11:09

Talents come from leading enterprises such as Longji, Jingke and Atlas.

2023-12-19 17:29:47

Its business income mainly includes the sales of batteries and related battery management systems.

2023-12-19 09:35:25

The cost is reduced, and the short-circuit current can be improved on the whole.

2023-12-18 18:22:50

The above entrusted shareholding is not fully disclosed.

2023-12-18 10:32:50

The annual output value of the project is estimated to be about 35 billion yuan after full production.

2023-12-18 10:31:05

The original plan raised a total of 2.7 billion yuan.

2023-12-18 09:32:24

The company's net profit in 2023 decreased by 25.9597 million US dollars.

2023-12-18 09:18:23

The release of some production capacity has slowed down relatively.

2023-12-15 09:38:39

In addition, the products suspected of infringement are required to be recalled.

2023-12-15 09:18:49

Since this year, green businesses such as photovoltaic and energy storage have been gradually expanded.

2023-12-15 08:57:49

The total is about 230 million yuan.

2023-12-14 17:05:16

The initial target for future facilities is 3.5G W, which may be expanded over time.

2023-12-14 13:45:52

At present, Zheng Taian's IPO has been inquired, and Tianhe Fujia is about to formally submit information to the exchange.

2023-12-14 09:11:44

The company expects its operating income to be 4.5 billion yuan to 4.7 billion yuan in 2023.

2023-12-14 09:07:47

The liquidated damages are 5 times or 1 million yuan of the total pre-tax income in the 12 months before leaving office.

2023-12-13 09:55:11

It also falls into the situation of "declining performance".

2023-12-13 09:48:31

Inaccurate disclosure of financial data.

2023-12-13 09:29:41

The chairman who took over this time is related to Jingyou Photovoltaic.

2023-12-11 11:47:00

Secretary of the Board of Directors is replaced; the project is postponed for one year.

2023-12-08 09:49:24

Including the development and application of perovskite basic materials and lamination technology

2023-12-06 09:33:27

Business transformation, vice chairman was dismissed.

2023-12-06 09:29:47

It has transferred the joint venture silicon material enterprise with Xiexin.

2023-12-05 09:08:53

(Re) energisa has more than 60 photovoltaic power plants using Jingao technology high-efficiency modules, generating more than 375 million kilowatt-hours of electricity.

2023-12-04 09:41:22

It is currently expanding the global customers in the field of photovoltaic module power optimizer.

2023-11-30 09:55:46

The second time to launch a sprint to IPO.

2023-11-30 09:13:50

Adjustment of project implementation sequence.

2023-11-29 09:36:06

Subsidiaries continue to serve.

2023-11-29 09:25:50

A total of 5.1 million shares were transferred.

2023-11-28 09:41:55

Fourteen counterfeit central enterprises were announced.

2023-11-27 13:26:10

As of the disclosure date of the announcement, the review of relevant reports is being carried out in Jiangsu Province.

2023-11-27 10:43:07

Jinan's State-owned Assets Withdraw from the Hydrogen Energy Company with a Valuation of 2.2 Billion

2023-11-27 10:10:28