On April 19, Sungrow Power Supply Co.Ltd(300274) released the annual report for 2021. The company’s operating revenue was about 24.137 billion yuan, an increase of 25.15% year-on-year; The net profit attributable to shareholders of listed companies is about 1.583 billion yuan.
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. During the reporting period, the company’s global shipments of photovoltaic inverters were 47gw, including 18gw in China and 29gw overseas, accounting for more than 30% of the global market. As of December 2021, the cumulative installed capacity of the company’s inverter equipment in the world has exceeded 224gw.
During the reporting period, the sunshine liquid cooling energy storage system was launched in the overseas market, continuing the characteristics of better uniform temperature and lower power consumption of liquid cooling, innovatively embedding the “cluster manager” to solve the problem of “barrel effect” of batteries, and supporting the mixing of old and new batteries to further reduce LCOS; In view of the pressure brought to the power grid by the booming household and distributed photovoltaic in the future, the company has launched 5-10kw / 9.6-102.4kwh household energy storage system and 50kw-1mw / 2-5h distributed energy storage system, which have been applied in batch in the global market.
During the reporting period, sunshine new energy continued to promote the business policy of “pragmatic and refined business”, comprehensively upgraded the company’s vision, strategic positioning and value proposition, and established the latest vision of “becoming the global leader of new energy power generation technology”, “more power generation and more friendly” new value proposition, “the technical strength of new energy system and the new strategic positioning of” new energy developer with advanced system technology “, Further clarify the strategic direction of the next step. China’s 30 one belt, one road and one municipality directly under the central government has been covered by the new energy business in the end of the reporting period. The international market has gone deep into the “one belt and one way” countries and regions. The world has accumulated the development and construction of photovoltaic / wind power stations exceeding 25 million kilowatts, ranking the first in the world of photovoltaic developers.
Sungrow Power Supply Co.Ltd(300274) said that in the next step, it will continue to thoroughly implement the overall strategic policy of “focusing on the field of clean power, promoting relevant diversification by means of low-cost innovation, striving to improve the market, technology and their synergy, and achieve rapid and sustainable growth”, seize the historical opportunity of the rapid development of global green energy, focus on the main track of “solar wind hydrogen storage”, make efforts in strategic depth and continue to expand the global leading edge.
Meanwhile, Sungrow Power Supply Co.Ltd(300274) 4 disclosed the report of the first quarter of 2022 on April 19, with a revenue of about 4.568 billion yuan during the reporting period, an increase of 36.48% year-on-year; The net profit was about 411 million yuan, a year-on-year increase of 6.26%.
