Double up more than 300%! Cross-border top students' performance "soaring"

13, Junda issued a performance forecast for the first three quarters of 2023 , predicting that the net profit attributable to shareholders of listed companies in the first three quarters of 2023 will be 1.6 billion to 1.8 billion . Year-on-year growth of 290% -340% . In the

capital market, affected by the expected increase in performance, Junda shares rose more than 8% on Monday.

, At the beginning

of a gamble, the pursuit of Junda shares originated from the company's business "not to force" two years ago. In 2021, Junda shares, which were mainly engaged in automotive plastic interior and exterior accessories, saw a fatigue growth in the automotive industry, with their revenue shrinking year by year and their net profit declining for three consecutive years.

To reduce operational risk, Junda shares began to sell a number of automotive interior subsidiaries in 2020, when Chongqing Senmai and Suzhou Xinzhongda were divested. In February

2021, the company announced the capital increase of Shangrao Holly New Energy Co., Ltd. (Hereinafter referred to as Holly New Energy), formally entering the photovoltaic track.

At that time, Holly New Energy was established only four months ago, with a photovoltaic cell production capacity of only 600MW, and a production capacity to be built and under construction as high as 9.

However, as a photovoltaic enterprise born in the 2008 financial crisis, the parent company of the company, Jietai Technology , has gone through many industry troughs, such as polysilicon crisis, European and American double-reaction, and has a high brand awareness and customer recognition in the industry. The company's technical reserves and sales channels are mature. In July of

the same year, Junda took 51% of the shares of Jietai Technologies into its pocket and incorporated them into the scope of the company's consolidated statements on October 1. According to the disclosure of Junda shares in that year, in 2021 alone, Jietai Technologies contributed 49.51 million yuan to the company's net profit.

In 2021, the company's photovoltaic cell business achieved revenue of 1.642 billion yuan, and achieved a good start in cross-border photovoltaic business with 57

shares of Junda, which had no previous experience.

Betting on TOPCon, Performance Soars

In March 2022, the company completely divested its loss-making automotive accessories business and focused on photovoltaic cell manufacturing. At the end of

2021, Junda announced that it would invest 11.2 billion yuan to build a 16GW TOPCon battery project in Laian Chahe Economic Development Zone, Chuzhou , Anhui Province.

At that time, the dispute between TOPCon and HJT was not yet clear, and the "bet" dispute will continue.

However, Junda shares firmly chose to bet on TOPCon and kept increasing. In July

2022, the company acquired the remaining 49% of Jietai Technologies, which became a wholly-owned subsidiary of Junda.

bet on the direction of Junda shares to achieve this performance surge .".

In 2022, Junda achieved a total revenue of 11 billion 595 million, an increase of 304.95% over the same period last year ; Net profit reached 717 million, an increase of 501 over the same period last year.

In the first half of this year, the company's net profit was 9.

Up to the time of publication, the company achieved 19.55 GW of cell shipments in the first three quarters. In terms of production capacity, the Company has three major production bases in Shangrao, Huaian and Chuzhou, with an N-type production capacity of 44 GW.