Deep Stone Group and Longi Green Energy Form Strategic Partnership to Build a New Zero-Carbon Ecosystem
On April 3, 2025, in Shenzhen, Deep Stone Group and Longi Green Energy officially signed a strategic cooperation agreement at the Shenzhen Biocircle Carbon Neutral Experimental Park. The two parties will collaborate to create benchmark demonstration projects in key global regions, promoting the deep integration of new energy technologies and low-carbon communities, thereby facilitating a global green low-carbon transition. This event also hosted a “Green Value CEO Roundtable Forum,” attended by numerous representatives from international organizations and the industry.
Tongwei Announces Major Investment of 10 Billion Yuan!
On March 29, 2025, Tongwei Co., Ltd. (600438.SH) made a significant announcement stating that its wholly-owned subsidiary, Yongxiang Co., Ltd., plans to introduce strategic investors through a capital increase to strengthen its financial capabilities. According to the announcement, Yongxiang’s pre-investment equity valuation is 27 billion yuan, with plans to raise no more than 10 billion yuan. The strategic investors are expected to hold no more than 27.03% of Yongxiang’s shares after the investment.
How Can Photovoltaic Manufacturers Survive the “Life-and-Death Challenge”?
From 2024 to 2025, the global photovoltaic industry is undergoing a deep adjustment cycle. As a midstream “sandwich” layer, battery manufacturers face survival pressure from both upstream and downstream sectors. Leading companies like Zhongrun Photovoltaics and Junda Co. have reported losses exceeding 1 billion yuan in 2024, while Runyang’s debt ratio approaches 80%, and industry capacity utilization has fallen below 60%.
The Rise and Fall of the Richest Man in Ganzhou: 25.5 Billion Yuan Guarantee, Aggressive Expansion, and Strategic Uncertainty
In the autumn of 2009, 41-year-old Chen Gang boldly left his thriving career at Olin Aluminum to join the photovoltaic startup wave. Leveraging the benefits of monocrystalline PERC technology, he established a significant presence in the industry.
Entering Turkey: Photovoltaic Leader Plans to Build the First Fully Foreign-Owned Solar Factory
On March 26, 2025, Dr. Lu Chuan, Chairman and President of Chint New Energy, met with Turkish President Erdogan to finalize an agreement for Chint New Energy to invest in establishing a solar cell factory in Turkey. Under the agreement, Chint will build the country’s first 100% foreign-owned solar factory in Ankara.
Breaking News! Another Photovoltaic Company Investigated by the CSRC
Recently, leading dairy enterprise Huangshi Group (002329.SZ) announced that it received a notice from the China Securities Regulatory Commission (CSRC) on March 28, due to suspected violations of information disclosure regulations. The investigation revealed that a partnership agreement with Dongyue Wealth was not disclosed in a timely manner, prompting regulatory scrutiny.
Who Says Photovoltaics Aren’t Profitable? This New Energy Company Sees Profit Surge of 1279%
As many photovoltaic listed companies lament losses, one company has presented an impressive financial report. On April 3, 2025, Yuexiu Capital (000987.SZ) released its 2024 financial report, showcasing substantial increases in both revenue and net profit from its subsidiary, Yuexiu Leasing.
Expanded Losses! Another Photovoltaic Company Faces “Cross-Industry Survival Challenge”
On April 3, 2025, Bangjie Co. (002634.SZ) released a revised performance forecast, significantly increasing its previously estimated annual net loss from 300 million to 450 million yuan, projecting a loss between 500 million and 750 million yuan—an increase of 465% to 747% year-on-year.
Vice President Resigns! Major Personnel Changes in Billion-Yuan Photovoltaic Leader
Recently, photovoltaic leader Dongfang Risheng (300118.SZ) announced that its board of directors approved the termination of Vice President Wang Shengjian’s position, following his resignation for personal reasons, with Wang no longer holding any role within the company.
Massive 2 Billion Yuan Investment! A 600 Billion Yuan Energy Storage Leader Expands Production
On April 1, 2025, leading energy storage inverter manufacturer Deye Co. (605117) announced that its wholly-owned subsidiary, Ningbo Deye Energy Technology Co., Ltd., signed an agreement with the Cixi Binhai Economic Development Zone to invest no more than 2.127 billion yuan to establish a new production line with an annual capacity of 16 GWh, to be implemented in two phases.
Shenzhen Welcomes a New Listed Company: Stock Price Soars 244%, Valued at 16.8 Billion Yuan
On April 2, 2025, Shenzhen Shihang New Energy Co., Ltd. was listed on the Shenzhen Stock Exchange’s ChiNext board. The stock closed at 40.65 yuan on its first day, reflecting a 244% increase, resulting in a market valuation of 16.763 billion yuan. Its core products include new energy batteries.
China’s Photovoltaic Teams Target the “Belt and Road” Initiative, with Turkey Positioned as a Prime Entry Point into Europe and America
In the Eurasian region, a new clean energy industry layout is reshaping the global photovoltaic landscape. Turkey, leveraging its unique geographical advantages and policy incentives, is emerging as a hotbed for the photovoltaic industry along the Belt and Road route.
From Granular Silicon to the First Perovskite Stock: GCL-Poly Energy Aims for IPO This Year
On March 29, 2025, GCL-Poly Energy held its annual performance briefing in Suzhou. Chairman Zhu Gongshan announced that its subsidiary, GCL-Poly Solar, plans to complete its IPO within the year, potentially becoming the world’s first publicly traded perovskite company.
Net Profit Plummets 63%! What Did This Photovoltaic Giant Do Right?
Despite declining prices and increased volume, this company managed to innovate amidst adversity. On March 28, 2025, Flat Glass Group revealed its first performance decline in nearly three years, reporting revenues of 18.683 billion yuan, down 13.20%, and a net profit of 1.007 billion yuan, down 63.52% year-on-year.
The Journey of “Kua Fu” Chasing the Sun: Milestone Achievements by TCL Zhonghuan by 2050
As of March 2025, TCL Zhonghuan has achieved cumulative shipments of over 200 GW of 210 mm silicon wafers, anticipating a 60% market share in external sales, marking a significant milestone for the company and the entire photovoltaic industry.
Capital Dynamics: The Photovoltaic Cycle
On March 18, 2025, Junda Co. reported a 2024 revenue of 9.952 billion yuan, down 46.66% year-on-year, with a net loss of 591 million yuan, a decline of 172.47%. The cyclical fluctuations in the photovoltaic industry cause companies to experience significant ups and downs.
70 Billion Yuan Silver Paste Leader Achieves 360 Million Yuan Profit Despite Industry Challenges
In 2024, the photovoltaic silver paste leader Dike Co. maintained profitability despite industry pressures. Recently, Dike disclosed its 2024 performance, achieving revenues of 15.306 billion yuan, a 59.85% increase, with a net profit of 360 million yuan, slightly down by 6.66% year-on-year.
Shihang New Energy’s IPO: A “Red Sea Battle” for One of the Top Ten Inverter Manufacturers
On February 11, 2025, the China Securities Regulatory Commission approved Shenzhen Shihang New Energy Co., Ltd.’s IPO registration application. Operating in both the photovoltaic and energy storage sectors, Shihang has made its way into the top ten global inverter manufacturers through global expansion and technological innovation.
Official Announcement! Two Photovoltaic Companies Delist on the Same Day!
On April 1, 2025, two announcements from the Shanghai and Shenzhen Stock Exchanges confirmed the delisting of two photovoltaic companies, *ST Jiayu (300117) and *ST Xulan (000040), due to their stock prices closing below 1 yuan for 20 consecutive trading days, triggering delisting rules.
Share Price Soars 244.5% on First Day! The Billion-Yuan Photovoltaic Dark Horse Officially Listed
On April 2, 2025, photovoltaic “dark horse” Shihang New Energy (301658.SZ) officially listed on the Shenzhen Stock Exchange’s ChiNext board, opening at 40 yuan per share, a nearly 239% increase from its issue price, and closing at 40.65 yuan, with a total market value of 16.76 billion yuan, achieving the highest first-day increase in the new energy sector this year.
Total Investment of 13 Billion Yuan! Another Photovoltaic Project Officially Launched
On March 21, 2025, a ceremony for the second batch of major projects in the Tacheng region was held, marking the commencement of the Urumqi Solar Silicon Photovoltaic Module Recycling Project in Xinjiang. This new project includes 41 initiatives with a total investment of 20.794 billion yuan and an annual planned investment of 7.308 billion yuan.
Losses of 3.905 Billion Yuan! Silicon Material Giant Releases Financial Report
On March 31, 2025, Xinte Energy was the first to release its 2024 performance announcement. It reported revenues of 21.213 billion yuan, down 31.02%, and a net loss of 3.905 billion yuan, compared to a net profit of 4.345 billion yuan in the previous year. The revenue decline was attributed mainly to the significant drop in polysilicon prices during the reporting period.
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