Changsha Dialine New Material Sci.&Tech.Co.Ltd(300700) 411 disclosed the performance forecast of the first quarter report, which shows that the company expects to realize the net profit attributable to the parent company of 13.2 million yuan to 14.2 million yuan in the first quarter, with a year-on-year increase of 268% - 280%. Analysts believe that Changsha Dialine New Material Sci.&Tech.Co.Ltd(300700) is ushering in the best development window since the establishment of the company as the company's future capacity release continues to reach a new high.
As the first enterprise in China to master the core technology of diamond wire and put it into production on a large scale and China's leading manufacturer of diamond wire, the company's main products are diamond wire, which is mainly used for cutting and processing hard and brittle materials such as crystalline silicon, sapphire and magnetic materials. Silicon wafer is mainly used in Cecep Solar Energy Co.Ltd(000591) photovoltaic industry.
According to the data of China Photovoltaic Industry Association, it is expected that by 2025, the global newly added photovoltaic installed capacity will reach 270gw-330gw, more than twice the current demand. The existing silicon wafer capacity will be difficult to meet the strong demand for the development of photovoltaic industry. In the medium and long term, according to the prediction of BP Energy Outlook (2020 Edition), the proportion of global renewable energy in primary energy in 2050 will increase from 5% in 2018 to 60% under the net zero emission scenario and 45% under the rapid transformation scenario respectively, and the downstream demand growth will be close to the current 10 times.
With the photovoltaic industry ushering in a new round of production expansion cycle, China's leading photovoltaic manufacturing enterprises and emerging industry capital have invested resources to layout silicon wafer production capacity Changsha Dialine New Material Sci.&Tech.Co.Ltd(300700) has become an excellent supplier for many leading photovoltaic manufacturing enterprises such as Longi Green Energy Technology Co.Ltd(601012) , poly GCL, etc. According to the company's disclosure, with the continuous expansion of downstream customers and the completion of technical upgrading and transformation of original equipment, the company's production capacity has increased from 300000 km / month to 1 million km / month since March. On the basis of interaction, the company is continuing to upgrade its technology and equipment. Its newly developed 15 wire machine is currently being debugged. The commissioning is officially put into use, and the subsequent expansion will adopt the new model.
According to the calculation of insiders, the mainstream model of the company is mainly 8-wire machine, and the subsequent expansion of production is the new model of 12-15 lines. If the equipment transformation is completed and all new models are put into production, the company's production capacity is expected to increase by 2-3 times on the basis of 1 million company Li / month.
On the basis of doubling the demand of the downstream photovoltaic industry, the continuous optimization of corporate governance structure has also become an endogenous guarantee for the sustainable growth of its performance. It is disclosed that the company has thrown out the price locking and fixed increase scheme for the actual controller, and the holding proportion of the actual controller has increased from 23.14% to 40.82%. The company also granted 8.7 million shares to 29 core backbones for the first time and reserved 2 million shares for subsequent introduction and internal promotion of outstanding talents.
