On July 15, Hengdian Dongci issued a semi-annual performance forecast for 2025. In the
first half of this year, Hengdian Dongci achieved a net profit of 960-1.05 billion yuan, a year-on-year increase of 49.6% to 63.6%; the net profit after deduction of non-profits was 1.02-1.11 billion yuan, a year-on-year increase of 69.4% to 84.3%.
As for the year-on-year growth of performance in the first half of the year, Hengdian Dongci explained from the aspects of magnetic material industry, photovoltaic industry and lithium power industry. In fact , photovoltaic business , Hengdian Dongci said: "The company steadily promotes deep internationalization, overseas production capacity by virtue of differentiated layout, superimposed technology and quality advantages of its own products to achieve full production release;"; The Company continued to strengthen the differentiated competition strategy, and continued to increase the shipment volume of high-quality markets at home and abroad, and extended its participation in providing solutions for downstream applications. The production bases further enhanced the competitiveness of their products by strictly controlling manufacturing costs, breaking through the production limit, and improving the conversion efficiency of mass production of batteries and the average power of components.
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