The global photovoltaic industry is in a period of high prosperity, and the global energy structure is constantly transforming into new energy. China has set the "Double Carbon Target", and many countries in the world have formulated policies to promote the development of photovoltaic industry, which has enhanced the certainty of the long-term development of photovoltaic industry.
With the continuous improvement of photovoltaic installed capacity, the photovoltaic industry chain will also gain greater benefits. Jinjing Technology has increased its capacity investment in photovoltaic glass field, which is expected to increase its market share and enhance the company's profitability.
First, from the company's point of view.
Company introduction: Shandong Jinjing Technology Co., Ltd. is engaged in the production and sales of float glass, online coated glass and ultra-white glass; Self-operated import and export business within the scope approved by the qualification certificate. The company's main products include not only ultra-white glass sheets and automobile glass sheets, but also industrial glass sheets 100 products. The company has become one of the leading enterprises in the glass industry and soda ash industry, with the advantage of large-scale operation.
Briefly introduce Jinjing Technology. The following highlights show that Jinjing Technology is not worth investing.
Highlight 1: Ultra-white floating is the leader, and the application in the construction industry is expected to continue to grow.
The company occupies an important position in the domestic ultra-white glass industry and participates in the formulation of product standards. At present, the company's daily melting capacity accounts for 2 1% of the market, reaching 2600 tons. Ultra-white glass has strict production process requirements, high equipment configuration cost, technical blockade of large enterprises, high entry threshold for the industry and little market competition pressure. Compared with ordinary float glass, the added value of the product is relatively high. With the economic growth of China and people's aesthetic standards advancing with the times, the market prospect of the construction industry is broad. In addition, the demand for high-end ultra-white glass will gradually increase.
Highlight 2: Promoting photovoltaic glass production is expected to bring performance growth points.
At present, the company has an independent float glass production line 10, of which at least 6 pieces can be converted into photovoltaic module backboards, further promoting the production of photovoltaic glass. On July 1 day, Malaysia's 500t/d deep processing production line was put into operation. In fact, there is a high probability that the original production capacity of Ningxia and Malaysia will be put into production in Q3. The regional advantages of Ningxia and the product differentiation of Malay membrane module glass are expected to bring new performance growth points to the company.
Highlight 3: Layout the photovoltaic calendering track to accelerate the capture of the northwest market.
In 2020, the company began to lay out ultra-white calendering production lines in Ningxia and began to enter the domestic photovoltaic market. At present, the company has signed a long-term purchase order with Longji Co., Ltd., one of the largest parts factories in Northwest China. Thanks to the relatively low prices of raw materials and energy in Ningxia, the company has obvious advantages in production cost, which is close to the downstream market and lower than other companies. The company's competitive advantage can be clearly shown first, which will prompt it to speed up its production capacity, seize the opportunity, become the main supplier of northwest component manufacturers, and enhance the photovoltaic business volume.