Micro Inverse Leader Takes out 200 Million to Buy Back Shares; Jinko Power Subsidiary Is Listed in the Middle East!

2023-09-18 16:06:32

Micro Inverse Leader Takes out 200 Million to Buy Back Shares; Jinko Power Subsidiary Is Listed in the Middle East!

< Today's Highlights & >

1. In the first half of the year, the net profit was only 134 million, and the micro-inverse leader took out 200 million shares to repurchase (click on the title to see the full text)

. A few days ago, the micro-inverse leader Yuneng Technologies released a share repurchase plan, and the company intends to take out no less than 100 million, no more than 200 million funds. Repurchase the company's shares at a price not exceeding RMB 220 per share.

In this regard, the company said that, based on confidence in the company's future development and recognition of the company's long-term value, in order to improve the company's long-term incentive mechanism, improve the cohesion of the company's employees, and at the same time, in order to safeguard the interests of the broad masses of investors, enhance investors'confidence in the company's investment, and promote the company's long-term healthy development. The company intends to use the over-raised funds to repurchase the company's shares by means of centralized bidding transactions. In the first half of 2023, Yuneng Technologies realized operating income of 658 million yuan, an increase of 32.30% over the previous year, and net profit of 134 million yuan, an increase of 4.19% over the previous year.

2. Jinko Power subsidiary is listed in the Middle East!

Last week, Sembcorp Jinko Light, a joint venture between Jinko Power and Singapore's Sembcorp Industries, was allowed to list on the third market platform of Oman's Muscat Stock Exchange (MSX). The platform enables small and emerging companies to publicly trade their shares without having to comply with the same strict regulations, which apply to companies listed on major stock exchanges,

according to a report in Oman's Daily Observer.

& lt; Project Progress & gt;

1.12 projects were selected, and Wuhai City announced the competitive selection results

of distributed photovoltaic projects in 2023. On September 13, the Energy Bureau of Wuhai City, Inner Mongolia announced the results of distributed photovoltaic projects in 2023. Publicity of competitive preference results. Among them, 12 projects were selected, with a total scale of 12.138MW.

2. False report, illegal land occupation, Datang 2 million kilowatt scenery project was notified

on September 14. The Forestry and Grassland Administration of Inner Mongolia Autonomous Region and the Energy Bureau of Inner Mongolia Autonomous Region issued a circular on the procedures for applying for the use of forest land for the 2 million kilowatt wind and solar power project (Datang Qingshui River Wind Power Project).

After verification, in order to avoid the relevant requirements for examination and approval, some plots in the Feasibility Report on the Use of Forest Land of this project are inconsistent with the existing land, and there are fraudulent acts. At the same time, the project also has illegal acts of destroying forest land, and the circumstances are serious.

3. 4.3GW! A

few days ago, the US International Development Finance Corporation announced that it planned to invest 425 million US dollars in TP Solar , a subsidiary of Tata Electric Power Company . It is used to build a 4.3G W solar cell and module production plant in India.

TP Solar expects the project to produce its first modules by the end of this year and start commercial battery production in the first quarter of fiscal year 2024. Tata Power has a large power generation portfolio in India, with a capacity of 12.2G W , but relatively little solar capacity. As of 2022, the installed capacity of solar energy is only 1.7 GW .

411.6 million! 20GW Energy Storage + 20GW Photovoltaic Cell Project, Commencement! On the morning

of September 16, Fanchang's first 10 billion-grade project, Tianchen Nengke Fanchang Super Factory, was officially launched in Fanchang District, Wuhu City, Anhui Province.

It is reported that the Tianchen Nengke Fanchang Super Factory Project is located in Fanchang Jingkai District, with a total investment of 11.6 billion yuan, a planned total land area of about 660 mu, and a new 20GW energy storage system and 20GW high-efficiency solar cell production line. After the project is completed, it is estimated that the annual business income will be 30 billion yuan.

5. Big moves! The two heterojunction giants reached a 20GW project agreement

recently, Maiwei shares and Anhui Huasheng New Energy Technology Co., Ltd. (Hereinafter referred to as "Huasheng New Energy" or "Huasheng") signed a strategic cooperation framework agreement. The two sides agreed that Huasheng New Energy will release no less than 20GW high-efficiency heterojunction solar NBB (None Busbar) module series welding equipment demand orders to Maiwei shares by stages within three years. Among them, the first 5.4GW NBB series welding equipment procurement contract was signed on September 16. The two sides will jointly promote heterojunction technology innovation and product cost reduction and efficiency enhancement, and promote HJT + NBB to become a new generation of photovoltaic mainstream technology. Founded in July 2020, Huasheng New Energy is a scientific and technological innovative enterprise focusing on the development and application of ultra-efficient N-type silicon-based heterojunction (HJT) solar wafers, batteries, modules and large-scale production of products.

One is a giant in the field of heterojunction batteries and components, and the other is a giant in the field of heterojunction equipment. Since 2020, the two companies have reached cooperation on 17.8G W heterojunction high-efficiency battery line equipment and established a solid partnership.

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Correlation

Micro Inverse Leader Takes out 200 Million to Buy Back Shares; Jinko Power Subsidiary Is Listed in the Middle East!

2023-09-18 16:06:32

Trina Solar 210R Supreme 580W series modules arrived in Sichuan to help Xigu and Xieka Hydropower Station water-light complementary photovoltaic power station projects.

2023-06-29 10:55:17