Double the net profit! GCL Integration's First Half Performance Exceeds Expectations

10, Xiexin Integration announced its semi-annual performance pre-increase announcement for 2023.

It is estimated that the business income in the first half of 2023 will be 5.3 billion to 5.87 billion , an increase of 89.35% to 109.72% over the same period last year; Net profit of 100 million yuan to 120 million yuan , an increase of 166.57% to 219.89% over the same period; Net profit after deduction of non-profits increased by 277.17% -305.14% as compared with the same period last year; basic earnings per share was RMB0.017 -0.021.

For performance growth, GCL Integration said, The company has adopted an active sales strategy to continuously win the bid for the component procurement projects of state-owned enterprises, with sufficient orders, and the sales volume and operating income of the company's components have increased significantly simultaneously. At the same time, with the substantial increase in the production and sales of the company's components, the scale advantage of Hefei Component Base has been fully reflected, and the profitability has been greatly improved, which has a positive effect on the company's performance. According to

the data, Xiexin Integration was founded in 2003 and listed on the backdoor of Chaori Sun in 2015, becoming the first A-share company of Xiexin Group. The company is mainly engaged in high-efficiency batteries, large-size components, energy storage systems, etc., and provides integrated solutions for optical storage.

At present, the company's customers have covered more than 50 countries and regions around the world.

In recent years, the company's component products have gradually transited from 156 and 158 small sizes to 182 and 210 sizes.

In 2022, the first phase of 15GW production capacity of Hefei 60GW large-size component production base built by the company reached full production capacity, completed the systematic upgrade of 182 and 210 large-size component production capacity, and reconstructed the company's production capacity and product structure.

In addition, the company's 12 GW high-efficiency photovoltaic modules in Funing and the first phase of 10g W TOPCon high-efficiency battery project in Wuhu have been successfully constructed, laying a solid foundation for the company's future high-quality development.

By the end of 2023, the company will achieve more than 30GW module production capacity and 10GW TOPCon battery production capacity.