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Is Tongwei Co.,Ltd (SHSE:600438) Expensive For A Reason? A Look At Its Intrinsic Value
Voluntary Information Disclosure Notice of Tongwei Co., Ltd. on Signing Sales Agreements and Winning Bids for Major Projects
Shanxi: The earthquake in Myanmar has affected the production of silicon wafers, and the prices in the downstream Industry Chain continue to rise structurally.
A 7.9 magnitude earthquake occurred in Myanmar, with strong tremors felt in Yunnan. According to various sources, this earthquake has a significant impact on the core western production areas of our photovoltaic silicon wafer pulling rods.
The prolonged battle to clear photovoltaic silicon materials escalates: after GCL TECH "throttles down", Tongwei Co.,Ltd introduces tens of billions in strategic investment.
① Polysilicon prices have been running at a long-term low, and Tongwei Co.,Ltd's subsidiary Yongxiang Co.,Ltd lost nearly 1 billion yuan in the first three quarters of last year; ② Leading photovoltaic companies are looking for new sources of revenue and cutting costs to deal with this round of Industry cycles.
Express News | Tongwei Says Unit Plans to Bring in Investor to Boost Capital by up to 10 Bln Yuan
Real reversal or short-term warming? A surge in distributed photovoltaic installations is happening, with some Dealers claiming to have encountered "order cancellations".| Fax
① Under the rush of photovoltaic installations, an outbreak of demand has led to insufficient supply, causing conflicts in production and sales, with some Dealers claiming that they have had their orders "canceled" by component manufacturers; ② Dealers state that their current focus is entirely on the rush of installations for the two key deadlines of April 30 and May 31, feeling overworked and primarily concentrating on installation; ③ Analysis suggests that the current emphasis on controlling production capacity in the photovoltaic Industry has reached an unprecedented level, which will effectively alleviate the situation of oversupply.
102884128 : getting disappointed with this counter. every day drop.