Hengdian Dongci: Currently, raw materials have increased in price, but the price of components has not fully passed on.

GoldenOctober2024

Jinshi Data News on March 13th, Hengdian Dongci stated at the investor online conference on March 12th that if the impact of high-profit markets is excluded in the first quarter, there will be pressure on the profit level at the component end compared to the previous period. Demand and capacity utilization rate in March are increasing. Currently, the increase in raw material prices has been reflected, but the increase in component prices has not been fully transmitted. It is expected that there will be a proper recovery in the second quarter. The company continues to focus on differentiation competition strategy. In the past few years, when everyone was profitable, the company’s profit contribution of a few extra cents per watt due to differentiation was not prominent. However, when returning to the essence of operation, the company’s operating value will be highlighted.

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