August 23, 2018, Hong Kong - Hanergy Film Power Generation Group today released a 2018 semi-annual positive earnings forecast. In the six months ended June 30, 2018, the company's revenue increased significantly compared to the same period last year. About 6 times, the profit growth has exceeded 25 times. The company believes that the main reason for the sharp increase in performance is that the company has made major breakthroughs in technology. The national policy strongly supports the industries of thin film power generation, mobile energy, high-end equipment manufacturing, new energy, and new materials. As well as opening up new markets and adding multiple customers and new projects, the company's upstream business has made significant progress during the period.
The 'upstream business' of Hanergy Thin Film Power Generation mainly includes R&D, design, production, sales and delivery of thin film solar cell and module production equipment and complete line production line, and provides corresponding technical services, namely the thin-film solar line production line 'turnkey' solution In combination with the company's financial statements over the years, 'adding multiple customers and projects' should be the trend of the Group to vigorously promote the transformation of energy structure and the development of new energy industrial parks across China, and provide thin film solar equipment production lines for multiple mobile energy industrial parks. 'Turnkey' solution. Therefore, the delivery of high-end equipment production lines for the mobile energy industry park is expected to become the 'bright spot' in the semi-annual report.
The mobile energy industrial park is a positive layout for high-tech and strategic emerging industries such as thin-film solar energy in the process of local government's transformation and upgrading of local economy. In recent years, local governments have actively promoted the cooperation model between government and social capital, and vigorously promoted energy transformation and Low-carbon development, in order to attract high-tech companies into new industrial parks, new energy, new materials, new kinetic energy as an important starting point for local economic transformation and upgrading, and help regional economic development.
The 'downstream business' corresponding to the 'upstream business' refers to the company providing customers with distributed energy and mobile energy 'one-stop' solutions and innovative mobile energy applications. Hanergy thin film power generation continues with thin film solar technology Based on innovation, the 'turnkey' solution for thin-film solar cell manufacturing equipment and production lines is left-wing, with distributed energy and mobile energy solutions as the right wing. In this business structure, R&D, design, and sales of thin-film solar high-end Equipment production line has become the company's core competitive advantage. Up to now, Hanergy Thin Film Power has accumulated more than 3,700 patent applications worldwide, and has accumulated more than 900 patents.
As one of the world's leaders in the thin-film solar industry, Hanergy Thin Film Power continues to integrate technology and innovation. It has professional R&D teams in various locations around the world, including the United States, Germany, Sweden, and China, to enhance various technologies. Hanergy's thin-film solar technology has continuously updated its records. Among them, the effective area conversion efficiency of copper-indium gallium selenide Solibro glass-based components reached 18.72%, which is the crown of CIGS components currently using the co-evaporation process in the world; MiaSolé flexible components have a conversion efficiency of 17.44%; Alta Devices' GaAs single-junction assembly sets a new world record with 25.1% conversion efficiency and is certified by Fraunhofer ISE CalLab PV modules; the company's high-efficiency silicon heterojunction (SHJ) Battery research and development efficiency is also up to 23.05%, and has been certified by the German Fraunhofer.
On August 23, the 2018 China Renewable Energy Conference released 8 annual solar energy certification records. Hanergy acquired GaAs single junction, gallium arsenide double junction, copper indium gallium selenide, and heterojunction solar cells. The annual certification record champion once again demonstrates Hanergy's continued technological progress and further establishes industry leading edge.
Since July 2015, Hanergy's thin film power generation has been actively adjusted internally, facing the market, and its performance has maintained sustained and rapid growth. In 2016, the Group achieved revenue of HK$4,483 million, a significant increase of 59% year-on-year; gross profit increased to HK$2,598 million. The year-on-year growth was 89%. In 2017, the Group achieved revenue of HK$6.147 billion, an increase of approximately 37% year-on-year. The Group issued a 2018 semi-annual announcement, again showing that the Group achieved leapfrog growth and the gains were surprising.
According to the announcement issued by Hanergy Film Power on August 20, the company will hold a board meeting on August 30 to review the 2018 interim report. According to the usual practice, the 2018 mid-year report will be released on the day of the board meeting.
August 23, 2018, Hong Kong - Hanergy Thin Film Power Generation Group (0566.HK, hereinafter referred to as Hanergy Thin Film Power Generation) today released 2018 semi-annual results positive earnings forecast, said 6 on June 30, 2018 During the month, compared with the same period of last year, the company's revenue increased by about 6 times and the profit growth exceeded 25 times. The company believes that the main reason for the sharp increase in performance is the company's breakthrough in technology, national policy for thin film power generation, mobile energy, high-end Equipment manufacturing, new energy, new materials and other industries have vigorously supported and opened up new markets, and added a number of new customers and new projects, so that the company's upstream business has made significant progress during the period.
The 'upstream business' of Hanergy Thin Film Power Generation mainly includes R&D, design, production, sales and delivery of thin film solar cell and module production equipment and complete line production line, and provides corresponding technical services, namely the thin-film solar line production line 'turnkey' solution In combination with the company's financial statements over the years, 'adding multiple customers and projects' should be the trend of the Group to vigorously promote the transformation of energy structure and the development of new energy industrial parks across China, and provide thin film solar equipment production lines for multiple mobile energy industrial parks. 'Turnkey' solution. Therefore, the delivery of high-end equipment production lines for the mobile energy industry park is expected to become the 'bright spot' in the semi-annual report.
The mobile energy industrial park is a positive layout for high-tech and strategic emerging industries such as thin-film solar energy in the process of local government's transformation and upgrading of local economy. In recent years, local governments have actively promoted the cooperation model between government and social capital, and vigorously promoted energy transformation and Low-carbon development, in order to attract high-tech companies into new industrial parks, new energy, new materials, new kinetic energy as an important starting point for local economic transformation and upgrading, and help regional economic development.
The 'downstream business' corresponding to the 'upstream business' refers to the company providing customers with distributed energy and mobile energy 'one-stop' solutions and innovative mobile energy applications. Hanergy thin film power generation continues with thin film solar technology Based on innovation, the 'turnkey' solution for thin-film solar cell manufacturing equipment and production lines is left-wing, with distributed energy and mobile energy solutions as the right wing. In this business structure, R&D, design, and sales of thin-film solar high-end Equipment production line has become the company's core competitive advantage. Up to now, Hanergy Thin Film Power has accumulated more than 3,700 patent applications worldwide, and has accumulated more than 900 patents.
As one of the world's leaders in the thin-film solar industry, Hanergy Thin Film Power continues to integrate technology and innovation. It has professional R&D teams in various locations around the world, including the United States, Germany, Sweden, and China, to enhance various technologies. Hanergy's thin-film solar technology has continuously updated its records. Among them, the effective area conversion efficiency of copper-indium gallium selenide Solibro glass-based components reached 18.72%, which is the crown of CIGS components currently using the co-evaporation process in the world; MiaSolé flexible components have a conversion efficiency of 17.44%; Alta Devices' GaAs single-junction assembly sets a new world record with 25.1% conversion efficiency and is certified by Fraunhofer ISE CalLab PV modules; the company's high-efficiency silicon heterojunction (SHJ) Battery research and development efficiency is also up to 23.05%, and has been certified by the German Fraunhofer.
On August 23, the 2018 China Renewable Energy Conference released 8 annual solar energy certification records. Hanergy acquired GaAs single junction, GaAs double junction, copper indium gallium selenide, and heterojunction solar cells. The annual certification record champion once again demonstrates Hanergy's continued technological progress and further establishes industry leading edge.
Since July 2015, Hanergy's thin film power generation has been actively adjusted internally, facing the market, and its performance has maintained sustained and rapid growth. In 2016, the Group achieved revenue of HK$4,483 million, a significant increase of 59% year-on-year; gross profit increased to HK$2,598 million. The year-on-year growth was 89%. In 2017, the Group achieved revenue of HK$6.147 billion, an increase of approximately 37% year-on-year. The Group issued a 2018 semi-annual announcement, again showing that the Group achieved leapfrog growth and the gains were surprising.
According to the announcement issued by Hanergy Film Power on August 20, the company will hold a board meeting on August 30 to review the 2018 interim report. According to the usual practice, the 2018 mid-year report will be released on the day of the board meeting.
