Under the bright starry sky of photovoltaics, Tongwei Co., Ltd., this giant ship, has always sailed steadily. On the evening of January 31, Tongwei Group, the controlling shareholder, announced that it would increase its shareholding in the company by no less than 1 billion yuan and no more than 2 billion yuan. This news is like a bright star, a bright light in the boundless night sky of the capital market.
Tongwei Co., Ltd., the double leader in the photovoltaic industry chain, has become one of the most profitable listed companies in the photovoltaic sector in the past two years in the upward cycle of polysilicon** with its leading cost control and market advantages. In 2022, the net profit attributable to shareholders of listed companies reached a staggering 257$2.6 billion.
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However, as the ancients said, "The extremes of things must be reversed, and the extremes will flourish and decline." "In the first three quarters of last year, with the successive release of new polysilicon production capacity, the company's net profit fell by 24% year-on-year98%。Despite this, Tongwei Group still firmly sees the company's development prospects and decides to increase its stake, which is undoubtedly a strong boost to market confidence.
At the same time, the latest news from the Silicon Industry Branch shows that all varieties of polysilicon have a small amount this week. Among them, the average price of n-type polysilicon is 7190,000 tons, an increase of 141%, and the average price of monocrystalline dense material is 5930,000 tons, an increase of 119%。Some companies have obvious bullish expectations, which may indicate that the spring of the photovoltaic industry is coming.
However, the market is unpredictable. Although Tongwei shares have a prominent position in the photovoltaic industry, the recent performance forecast shows that the net profit of some photovoltaic companies in Q4 is at risk of declining month-on-month. This has suppressed the share price of the entire sector to a certain extent.
At this critical moment, Tongwei chose to join the "disk protection" army in advance. This is not only a firm confidence in the company's own development prospects, but also a deep insight and prediction of the future market. Behind Tongwei Group's shareholding increase plan is a recognition of the company's long-term investment value and firm confidence in the entire photovoltaic industry.
In addition, leading companies such as TCL Zhonghuan and JinkoSolar have also disclosed their performance forecasts. Despite the risk of a sequential decline in Q4 net profit, these companies have not given up. Instead, they opted to buy back** and increase their holdings to stabilize market confidence. This is undoubtedly a positive signal for the future market.
LONGi Green Energy also joined the move. Chairman Zhong Baoshen increased his holdings of 300,000 shares of the company, accounting for 00040%, with an increase of 61410,000 yuan. He said that the implementation of the shareholding increase plan has not yet been completed, and he will continue to increase his holdings of the company's shares in accordance with the shareholding increase plan. This action undoubtedly sends a strong signal of confidence to the market.
The development prospects of the photovoltaic industry are still broad. As technology continues to advance and the industry continues to expand, the PV industry will continue to play its key role in driving the energy transition and combating climate change. Tongwei and other leading companies have demonstrated their in-depth understanding and firm confidence in the industry by increasing their shareholdings.
As a poet once said, "Life is like a journey, and I am also a pedestrian." "In these fast-changing times, we are all pedestrians on the road. The increase in holdings of Tongwei and other companies may be the embodiment of their firm belief and positive expectations for the future market.
In the days to come, let us look forward to the prosperity and development of the photovoltaic industry, and also look forward to Tongwei and other enterprises to continue to move forward steadily on this glorious road, bringing more surprises and hopes to the entire industry.