Annual report loss dust settled photovoltaic veterans pack up and start again

On April 26, Jiangsu Zhongli Group Co.Ltd(002309) released the 2021 annual report as scheduled, and the dust of annual loss was settled. The announcement shows that in 2021, the company achieved an operating revenue of 10.558 billion yuan, a year-on-year increase of 16.88%; The net profit attributable to shareholders of listed companies was -3.866 billion yuan. Operating cash flow has been greatly improved due to the increased collection of accounts receivable.

capital occupation dilemma will be gradually resolved, and business strategic planning will continue to be promoted

It was learned from the company’s announcement that in 2021, the controlling shareholder’s related parties occupied the company’s funds, which was mainly formed when the controlling shareholder’s related parties raised funds to return the funds occupied by the listed company in 2020. As of the disclosure date of the annual report, the balance of funds occupied was 876.9 million yuan, and the repayment plan was formulated.

Insiders said that from the content of the announcement, the occupation of funds in 2021 is ultimately a legacy of the occupation of funds in 2020, and the relevant parties have formulated a return plan. If it can be implemented, it will not have a serious impact on Jiangsu Zhongli Group Co.Ltd(002309) future business development and strategic planning.

photovoltaic cable two wheel drive, light pack, future prospects

Jiangsu Zhongli Group Co.Ltd(002309) said in the annual report: focusing on the development of photovoltaic industry and rapid iteration of cable technology development. At the same time, driven by relevant policies and market environment, the main businesses of photovoltaic and cable sectors of the company will still be in growth and development in 2022. Under the leadership of the board of directors, the company’s operation and management strive to improve technology R & D and operation capacity and achieve profitability as the main goal.

On the one hand, in order to cope with the continuous rise in the price of the main raw materials of photovoltaic and cables affected by the cycle, the company pays close attention to the market dynamics and focuses on analysis, and strives to grasp the market trend in the future and make corresponding decisions. Among the difficulties brought about by the current epidemic, we should carry out long-term strategic cooperation in the form of supply chain without price lock, jointly overcome the logistics and other difficulties caused by the current epidemic, try our best to stabilize the logistics distribution such as raw material supply and product delivery, so as to restore the normal operation of some of the current adverse phenomena of shutdown as soon as possible; On the other hand, in order to seize the opportunity of the rapid development of the photovoltaic industry, further plan to expand production capacity and improve the level of intelligent manufacturing on the basis of the operation of the company’s existing six photovoltaic production bases, so as to make various reasonable plans for the operation and development of the company; The company’s cable business continues to focus on customer quality and strictly control the payment collection period, so as to speed up the recovery of cash flow.

introduce war investment and layout photovoltaic track, optimize structure and help the development of the company

The photovoltaic industry is in the era of a new round of technological change and has become a popular track industry. In order to comply with the development trend of the industry, the company needs to grasp the market opportunity and realize the strategy of “overtaking on corners” Jiangsu Zhongli Group Co.Ltd(002309) relevant person in charge disclosed that in recent years, in addition to the active layout of the management in business expansion, capacity planning and technology research and development, the company will also consider deploying from the introduction of strategic investors. At present, the company is considering introducing central and state-owned energy enterprises to jointly invest in the photovoltaic sector, mainly for two reasons. First, usher in the era of rapid development of the photovoltaic industry under the global carbon neutrality goal. The photovoltaic industry is a technology and capital intensive industry. Introducing strategic investment or forming mixed ownership development can solve the company’s capital shortage and accelerate the business development of the six photovoltaic production bases that have been invested and formed; Second, the company can also bind some downstream customers through the introduction of central and state-owned energy enterprise war investment, which is conducive to the comprehensive operation and development such as consuming module capacity and accelerating the development and construction of photovoltaic power stations.

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