“Sunflower” was listed today
Today, China’s largest solar photovoltaic cells and modules manufacturer, one of Zhejiang Sunflower Light Energy Technology Co., Ltd. listed on the Shenzhen Stock Exchange, stock short: sunflower.
Charts, general manager Yu Xiang-ming pointed out that the company is a research and development, production and marketing of crystalline silicon solar cells and modules for the integration of the national high-tech enterprises. The last three years, the company main product output of solar cells and modules 174% compound annual growth rate of total assets, 86% compound annual growth rate, revenue compound annual growth rate of 74%. 2008, 2009, first half of 2010, consolidated gross margin products 16.83%, 22.41% and 22%, cell sheets and components are produced by more than 90% gross margin.
Yu Xiang-ming stressed that, as the few with their own technology and to scale production solar cells and components of the photovoltaic business, the company nearly three years, and the components of crystalline silicon solar cell power output has expanded each year, in 2009 accounting for 2.43% of total production, Operating income more than 1 billion yuan, topped 100 million yuan of profits. At the same time the first photovoltaic system installed with foreign companies jointly undertake the design and installation of photovoltaic power station, the business chain has been further extended, as the domestic PV industry growth, one of the most obvious.
The main company to invest and fund-raising, “an annual output of 200MW solar cell production line replenishment of the second phase of the project”, project is completed, the company will produce 100MW photovoltaic cells per year, anticipated revenue 1.53 billion yuan, total profit of 140 million yuan, when the company total production capacity will reach 275MW.