In February, the production plant of Gcl System Integration Technology Co.Ltd(002506) (002506) was in full swing. According to the latest news on February 12, Gcl System Integration Technology Co.Ltd(002506) during the Spring Festival, the off-season is not light, and batch components are delivered every day.
At the beginning of the Spring Festival, Gcl System Integration Technology Co.Ltd(002506) Hefei large component production base located in Hefei Circular Economy Demonstration Park in Feidong County was busy. Dozens of container trucks waiting for delivery shuttle back and forth. “On February 4 alone, we have a batch of photovoltaic module products worth more than 100 million yuan out of the warehouse and sold overseas.” General manager Sun Guoliang said, “the off-season is not light during the Spring Festival. We deliver components in batches every day.”
Sun Guoliang said that according to the orders after the Spring Festival, Hefei base has formulated plans in advance, locked the price and quantity of the supply chain in advance, actively prepared goods before the year, and arranged 438 people to stay on duty for production. While allowing the stay on duty personnel to spend a warm and peaceful Spring Festival, it ensures that the festival will not stop production and ensure the completion of the delivery task in February.
It is understood that Gcl System Integration Technology Co.Ltd(002506) currently has sufficient orders and has established long-term supply cooperation relations with China Southwest Electric Power Company, Petrochina Company Limited(601857) project construction bidding project and European customers. At the beginning of the new year, the company signed a formal component supply order of nearly 2gw, and the intended order amount of the company exceeded the best level in recent years.
According to the company, at present, with the continuous production of Hefei large component base, Gcl System Integration Technology Co.Ltd(002506) component product structure has been further optimized. Among them, plant 1 has officially reached production in December 2021, and the component equipment of plant 2 has entered the plant successively. It is expected to be put into operation at the end of the first quarter of 2022, and plant 3 is planned to be put into operation in the third quarter of 2022. Superimposing the technical transformation and upgrading of the production line of the company’s original production base, it is expected that the company will have a large-size component capacity of more than 20GW by the end of 2022, and the market competitive advantage will become stronger and stronger.
According to PV InfoLink, the demand of the Chinese market is expected to reach more than 65gw-75gw in 2022. Large scale projects in deserts and other places have been promoted in the initial stage and are expected to be implemented in 2023. The huge project scale will drive China’s overall demand. At the same time, the agency also predicts that the global demand for components is conservatively estimated to increase by 24% year-on-year, reaching the level of more than 214gw. The overall demand will change dynamically with the formation cost of material and component prices and the actual demand. If the product prices of photovoltaic upstream and downstream industry chains can restore a reasonable area, it can support the output of 230gw-240gw components, The annual demand is expected to fall between 210gw and 226gw.
Industry insiders said that the growth of photovoltaic market demand is highly deterministic, and large-scale large-scale module capacity is the basis for maintaining market competitiveness. With the continuous growth of Gcl System Integration Technology Co.Ltd(002506) Hefei base, its product market competitiveness will be effectively restored, and the company’s performance is expected to be significantly improved in 2022.
