Net increase of 146.81% ~ 187.95%! Jingao Technology's First Half Performance Forecast Released, Institutions Quickly Investigated

of July 11, Jingao Solar Energy Technology Co., Ltd. issued a performance forecast for the first half of 2023, predicting that the net profit attributable to shareholders of listed companies in the first half of 2023 will be 4.2 billion to 4.9 billion yuan . Year-on-year growth of 146.81% ~ 187.95% ; Net profit after deducting non-recurring gains and losses was 4.56 billion yuan to 5.26 billion yuan , an increase of 179.33% to 222.22% over the same period last year; The basic earnings per share is between 1.28 yuan and 1.49 yuan . The

main reason is that the market demand for photovoltaic products continues to improve, and the company's photovoltaic module shipments and revenue scale have achieved a substantial increase. At the same time, benefiting from the gradual release of the company's new production capacity and the scale effect brought by the growth of production and sales, the company continued to optimize supply chain management, significantly reduced the cost of purchasing materials, logistics and transportation, and significantly improved the profitability of the company's products.

On the day of the release of the first half performance forecast, Jingao Science and Technology received a survey from 23 institutions such as Guangfa Fund and Yifangda Fund, which mainly focused on the latest performance of Jingao Science and Technology. In the course of communication, in response to the agency's concern about the impact of shipments in the second quarter on the annual shipment indicators, Jingao Technology said: "The main reason is that some goods have been delivered but no revenue has been recognized. The company will increase shipments accordingly in the second half of the year, adopt more flexible sales strategies, increase sales efforts in the second half of the year, and ensure that the annual shipment indicators of 60 ~ 65GW remain unchanged."