Driven by factors such as the declining cost of photovoltaic power generation and the rapid development of global clean energy, the global photovoltaic market is showing a rapid growth trend.
Shenzhen Shouhang New Energy Co., Ltd. (hereinafter referred to as Shouhang New Energy) has always adhered to the global strategic layout, and has accumulated many high-quality customer resources in Europe, Asia-Pacific, South America, the Middle East and Africa and other regions, helping Shouhang New Energy's export revenue to maintain rapid growth.
The main customers of Shouhang New Energy in overseas markets are well-known local large-scale photovoltaic system products and distributors, Europe, North America, Australia and other overseas markets photovoltaic power generation started earlier, at present, various countries or regions in the region have formed a relatively mature dealer system, in the local market high-quality dealer customer resources effectively improve Shouhang New Energy's ability to resist the risk of market fluctuations.
In addition, the Shouhang new energy brand has a high reputation and reputation at home and abroad. In 2020 and 2021, Shouhang New Energy has continuously won the "First-class Photovoltaic Brand" award in India, Poland and Brazil issued by EUPD Research, an authoritative research institution in Germany, and its products are sold in China and Europe, Asia-Pacific, Latin America, the Middle East and Africa.
The global business layout has effectively improved the ability of Shouhang New Energy to grasp the hot market opportunities, and the business of Shouhang New Energy has developed rapidly, with a high compound growth rate of operating income. In terms of technical strength indicators such as R&D expense ratio and main financial indicators such as gross profit margin and asset-liability ratio, it is competitive compared with comparable companies in the same industry, and has achieved a certain market position and competitive advantage in the industry. In the future, Shouhang New Energy will continue to expand overseas markets, continue to research and develop, do a good job in Chinese products, and expand Chinese brands!