Longji shares plans to spend 6 billion yuan to lay out monocrystalline projects to expand the leading edge of photovoltaics
For the photovoltaic industry, the off-season in the first quarter of 2019 is not weak. In May last year, a policy to reduce subsidies in the photovoltaic industry made the entire photovoltaic industry into a downturn. But as global demand continues to increase, the photovoltaic industry has begun to recover. Guosheng Securities Research reported that the impact of the PV industry policy is weakening, and the cost drive is gradually emerging. In 2019, global installed capacity is expected to reach 120GW, an increase of 10%-20%. Affected by overseas demand and domestic leaders, distributed projects, etc., the off-season in the first quarter of 2019 is not weak, and the downstream demand is strong to the upstream. After the price of Poly GCL and Zhonghuan wafers rose, Longji on February 22 The shares also adjusted the price of monocrystalline silicon wafers, and the price of single-chips rose by 0.1 yuan/piece to 3.15 yuan/piece, an increase of 3.28%. “In the second half of 2019, the domestic market will start, and demand will be more robust. Strong demand will give rise to the price elasticity of upstream relatively rigid capacity.†Zeng Duhong, an analyst at Soochow Securities, said. As a leading company in the photovoltaic industry, Longji shares increased its efforts and continued to expand its leading competitive advantage. The "Securities Daily" reporter learned from Longji shares that Longji shares will invest more than 6 billion yuan to expand the production capacity of single crystal products. It is planned to invest in the second phase project of Baoshan Monocrystalline Silicon Rod, the second phase project of Lijiang Single Crystal Silicon Rod and the second phase of Chuxiong Monocrystalline Wafer. The investment amount is about 1.749 billion yuan, 1.937 billion yuan and 1.486 billion yuan. “The investment in the three projects in Yunnan is mainly to provide capacity guarantee for the market supply of high-efficiency single crystal products.†Relevant persons of Longji shares told the “Securities Daily†that “the company will also take advantage of the resource advantages and location advantages of Yunnan Province. Monocrystalline market share." At the same time, Longji shares intends to invest in the construction of 1GW single crystal battery project in Kuching, Sarawak, Malaysia. The total investment of the project is estimated to be about 840 million yuan. After the project is put into production, it is expected to realize an annual business income of about 1 billion yuan. The average net profit was about 96 million yuan. "After the project is put into production, we will make full use of the company's resource advantages in Malaysia and the advantages of the entire industry chain to further expand the overseas monocrystalline battery capacity." Longji shares related to the "Securities Daily" reporter said. Data show that by the end of 2018, Longji is expected to have 28GW of monocrystalline silicon wafer production capacity, ranking first in the world. In Zeng Duhong's view, after the completion of the second phase expansion project of Yunnan's three projects announced and put into production, at the end of 2019 and the end of 2020, Longji will have a capacity of 36GW and 45GW of monocrystalline silicon wafers. The industry has one-third of the absolute leading position." The English name of epoxidized soybean oil, ESO for short, has the chemical formula (RC2H2OR'COO)3C3H5, and is a light yellow viscous oily liquid at room temperature. Non-toxic. The boiling point is 150°C (0.53 kPa). Soluble in most organic solvents and hydrocarbons, but insoluble in water. It has excellent heat resistance, light resistance and compatibility. Commonly used in PVC products as plasticizers, especially suitable for PVC transparent products, food packaging products and other non-toxic products. Epoxidized Soybean Oil (ESBO) ESBO,Epoxidized soya bean oil,ESO Yucheng Jinhe Industrial Co.,Ltd , https://www.jinhetec.com