Sungrow Power Supply Co.Ltd(300274) ( Sungrow Power Supply Co.Ltd(300274) ) the annual report of 2021 was released on April 19. During the reporting period, the company achieved an operating revenue of 24.137 billion yuan, an increase of 25.15% year-on-year; The net profit attributable to the shareholders of the listed company was 1.583 billion yuan, a year-on-year decrease of 19.01%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 1.335 billion yuan, a year-on-year decrease of 27.72%; The basic earnings per share is 1.08 yuan / share. The company plans to distribute a cash dividend of 1.10 yuan (including tax) to all shareholders for every 10 shares.
The company released the first quarterly report of 2022 on the same day. During the reporting period, the company achieved an operating revenue of 4.568 billion yuan, a year-on-year increase of 36.48%, and a net profit attributable to shareholders of listed companies of 411 million yuan, a year-on-year increase of 6.26%.
The annual report shows that during the reporting period, the company continued to focus on technology research and development, promote the integration and innovation of optical storage, vigorously promote the global brand strategy, deeply cultivate key market segments, give full play to the advantages of global marketing, service and supply chain, and continuously improve its global competitiveness and influence. The global shipment volume of photovoltaic inverters was 47gw, including 18gw in China and 29gw overseas, accounting for more than 30% of the global market, As of December 2021, the company’s total installed capacity of inverter equipment in the world has exceeded 224gw During the reporting period, the company consolidated and strengthened the distribution of channel markets in Europe, America and China, seized the opportunities of more emerging markets and further improved its sales and service network. At present, the company has built 20 + subsidiaries overseas, five service regions in the world and 240 + service outlets. Successfully broke through several major customers and signed several GW inverter orders, which is far ahead in the share of overseas photovoltaic investment giants. The market share of the global mainstream market ranks first, and the performance of the Japanese market, the European channel market and China’s distributed market has increased significantly. Among them, the global shipment volume of the inverter channel exceeded 500000 units in 2021. During the reporting period, as the leader of clean power conversion technology, the company further strengthened R & D and innovation investment and established Nanjing R & D center. It plans to build the R & D center into the second largest R & D base in the world except Hefei, which is committed to technological innovation, enriching the digital talent ladder, and promoting industry university research collaboration with head scientific research institutions, universities and innovation platforms. During the reporting period, the company released high-power series inverter sg320hx, with a maximum output power of 352kw, leading the new technology of 300kW + series; Create a new category in the industry and release the “1 + X” modular inverter. This product is a major innovation of the traditional inverter. It has the advantages of both centralized inverter and series inverter. While continuing the low power cost advantages of the traditional centralized inverter, each module operates independently. It is an independently designed MPPT, with higher tracking accuracy and plug and play simple operation and maintenance. And release the new distributed sg30 / 40cx to further enrich the type spectrum of medium and small power inverters and realize the full coverage of distributed application scenarios. During the reporting period, aiming at promoting the distributed national strategy of the whole county, the company launched full scenario solutions and prospectively introduced the “optical storage and charging integration” mode. In addition, we will further strengthen the layout of distributed market sales and after-sales network, help build high-quality distributed photovoltaic power stations in an all-round way, and escort the whole county. At the same time, facing the escalating needs of overseas markets, the company has launched a number of new products, covering household, industrial and commercial, large ground power stations and other markets, and has been applied in many projects, which is deeply loved and praised by customers.
In 2022, Sungrow Power Supply Co.Ltd(300274) will firmly grasp the historical opportunity of the rapid development of global green energy, focus on the main business, lead the industry, innovate and empower, take root in the world, further strengthen technological innovation, deepen global strategic deployment, strengthen supply chain guarantee ability, comprehensively improve brand power, product power and marketing power, expand the leading edge of core business and realize rapid and sustainable growth. First, strengthen technological innovation and consolidate the leading position of products. The company will strengthen the ability of customer demand insight and product definition, give full play to the scientific research strength and advantages of R & D bases such as Hefei, Nanjing and Shenzhen, and continue to promote the iterative upgrading of products; Strengthen school enterprise cooperation, enhance scientific research strength, and strengthen key technology and future technology reserves. Second, strengthen supply chain coordination and consolidate global delivery capacity. Third, deepen global strategic deployment and enhance global influence. Fourth, vigorously improve the fine management level of power station development, energy storage and other projects to avoid project operation risks. Fifth, continuously improve organizational capacity and activate the driving force of development. Sixth, strengthen epidemic prevention, minimize the impact of the epidemic on employee health and enterprise production and operation, and ensure that the tasks of the whole year are completed on schedule.
