2021 is the first year of China’s “carbon peak · carbon neutralization”. Driven by the “double carbon” policy, Shuangliang Eco-Energy Systems Co.Ltd(600481) (600481. SH) ushered in a sharp rise in performance. At present, the company’s main business line is energy-saving and water-saving products, polysilicon reduction furnace and large-size silicon wafer, which have achieved great development in 2021.
In this regard, the relevant person of the company told the financial associated press that in 2021, the company’s orders for energy-saving and water-saving products increased, the total business volume accounted for about 65% of the company’s total sales, and the profit contribution accounted for 60%; The sales of polysilicon reduction furnace accounts for 25% and the profit contribution accounts for 35%; At the same time, after the trial production of large-size silicon wafers in the second half of last year, the sales proportion has reached 5% of the total sales.
According to the performance express released by Shuangliang Eco-Energy Systems Co.Ltd(600481) on the evening of February 21, during the reporting period, the company achieved an operating revenue of 3.83 billion yuan, a year-on-year increase of 84.87%; The net profit was 312 million yuan, a year-on-year increase of 127.24%.
The announcement shows that in 2020, due to covid-19 epidemic, Shuangliang Eco-Energy Systems Co.Ltd(600481) production, operation and profitability were affected to a certain extent, resulting in a low performance base in 2020.
However, the relevant person of the above company told the financial associated press that as the company’s main project, energy-saving and water-saving products were actually greatly affected by the rise in the price of raw materials in 2021. The company thought of various ways to reduce production costs, and finally made this main business achieve stable development.
It is worth noting that in 2021, the price of silicon material remains high, which has a great impact on downstream silicon wafer and component manufacturers. In this context, Shuangliang Eco-Energy Systems Co.Ltd(600481) has accelerated the shipment speed of polysilicon reduction furnace, helped silicon material enterprises expand production capacity as soon as possible, improved silicon material production capacity, and alleviated the embarrassment of high silicon material price from the upstream.
In addition, according to the financial Associated Press reporter, at present, the downstream component enterprises have a strong demand for large-size silicon wafers. The large-size silicon wafers of Shuangliang Eco-Energy Systems Co.Ltd(600481) will usher in large-scale shipments in the second quarter of this year, which will also bring better performance support to the enterprises. “Large orders before the second quarter will be shipped centrally. We are also actively improving the production capacity of large-size silicon wafers and the delivery capacity of large-size silicon wafers.” Relevant people of the company told the associated press of finance.
It is worth mentioning that since the beginning of 2022, Shuangliang Eco-Energy Systems Co.Ltd(600481) has successively obtained orders for large-size silicon wafers and polysilicon reduction furnaces, with an estimated total order amount of about 23.261 billion yuan. The orderers include leading enterprises in the photovoltaic industry chain such as Tongwei Co.Ltd(600438) (600438. SH), Trina Solar Co.Ltd(688599) (699599. SH), Hoshine Silicon Industry Co.Ltd(603260) (603260. SH).
