21, Aixu disclosed its third quarter performance forecast , and also announced the technological transformation and equipment procurement of Tianjin Base. In the
first three quarters of this year, Aixu achieved a total revenue of 14.472 billion yuan , an increase of 24.79% over the same period last year, and a net profit loss of 709 million yuan , an increase over the same period last year; The loss of non-net profit was 876 million yuan, which was larger than that of the previous year.
It is worth noting that in the third quarter of this year, the total revenue of Aixu shares reached 529 million yuan , an increase of 67.89% over the same period last year, and the net profit was 45 million yuan, turning losses into profits over the same period last year; The loss of non-net profit was 25 million yuan, and the loss margin narrowed year on year.
As for the improvement of performance in the third quarter, Aixu explained that in the third quarter , component sales increased year-on-year, sales prices increased, revenue increased, gross profit increased and profits increased. Although the sales price of the first three quarters of this year has risen and the gross profit has increased, it has also been affected by exchange rate fluctuations and exchange losses have increased.
On the same day, Aixu announced the upgrading and transformation of battery production capacity in Tianjin base. According to
the announcement, Aixu intends to invest 1.15 billion yuan to upgrade the existing PERC battery capacity of Tianjin Base to 6GWABC battery capacity . The project uses the original PERC plant as the production workshop, adds new process production equipment on the basis of transforming and utilizing the original old equipment, and upgrades the power auxiliary equipment and facilities supporting the production.
The project is scheduled to start in the fourth quarter of 2026 and put into operation in the third quarter of 2027. In September
this year, the investor survey information disclosed by Aixu shares showed that. The company has started the technical transformation of PERC production line in Yiwu Base and TOPCon production line in Chuzhou Base to ABC battery production line. In the second half of the year, the technical transformation of production lines has been completed and entered the stage of commissioning and trial production climbing.
The Yiwu technical transformation project has entered the final stage and will provide substantial business assistance in the fourth quarter; the Chuzhou technical transformation project is expected to be put into operation in the fourth quarter and will provide business assistance from next year.
In addition, Aixu shares said that the first 3GW ABC battery module production capacity of Jinan base has been put into operation.
In order to meet the needs of upgrading the production capacity of high-efficiency photovoltaic cells in Chuzhou Base, Aixu announced on October 21 that it intends to sign the Equipment Purchase Contract with Suzhou Puit Automation System Co., Ltd. A total of 22 sets of wet production equipment for photovoltaic cells were purchased from them . The total contract amount is RMB 50.87 million (including tax).
The above transaction is a related party transaction-the actual controller of Aixu shares and Suzhou Puit is Chen Gang.
In addition to this transaction, in the past year, there have been 16 related transactions between Aixu shares and Suzhou Puit, with the total amount of authorized or signed contracts amounting to 20229 6800 yuan (including tax).
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