Huaxia 5 Fund To Join &Nbsp; Sunflower Recruitment Project Will Be Put Into Operation Next Month.

26, A shares three major PV modules

In addition, the report also shows that IPO

First quarter performance increased 7 times compared with the same period last year.

Similar to the super day sun (002506, closing price of 20.98 yuan), sunflower's quarterly performance also increased significantly.

In the first three months of this year, the company achieved operating income of 539 million yuan, an increase of 26.8% over the same period last year, and realized a net profit of 62 million 730 thousand yuan, an increase of 757.8% over the same period last year.

Basic earnings per share of 0.12 yuan.

The reason for the increase in net profit far exceeds the increase in revenue is that the increase in exchange earnings has led to a significant reduction in the company's financial expenses.

The main products of the company are exported to Europe. The appreciation of the euro has significantly increased the exchange earnings of the company during the reporting period, and the financial cost has dropped from 42 million 430 thousand yuan in the same period last year to -352.4 million yuan.

However, as the price of components continues to fall, the phenomenon of gross margin decline in the industry also appears on sunflowers.

In the first quarter, the combined gross profit margin was 17.9% in the first quarter of this year, continuing the downward trend since the second half of last year, and by 3 percentage points.

Huaxia 5 fund holds together

What is surprising is that despite the decline in gross margins, institutional investors are not enthusiastic about the company.

A quarterly report shows that 5 of the top ten tradable shareholders have entered the 5 Chinese fund, which has taken the first place in circulation shareholders.

On the other two component companies, the Sunday sun and the east sun rise (300118, closing price 26.24 yuan), but did not see the figure of the Chinese system.

In the other quarter, the shareholders of the company also changed greatly. The ten tradable shareholders were all institutional investors. Besides the Cathay system, there were 107 new portfolios such as Harvest Fund, Bo Shi, Peng Hua and other social security funds. 7 natural shareholders retained in the annual report had disappeared from the list of ten major tradable shareholders.

The number of shareholders decreased from 20 thousand and 400 at the end of last year to 12 thousand and 100, with a reduction of 41%.

The development of equity investment projects is faster than that of peers.

Although the photovoltaic subsidy policy of the two major installation countries in Germany and Italy has not yet come to the ground, the general manager of the company, Ding Guojun, made clear at the performance briefing held earlier this month, that the order of sunflower's hand in hand has increased substantially compared with the same period last year. According to the information learned by reporters earlier, the old capacity of IPO has already been filled with all year's orders before and after the Spring Festival this year, and the new capacity of IPO investment fund and over raised funds will be put into operation gradually since this season.

Sunflower's quarterly investment report shows that the IPO capacity of the two phase of the 200MW photovoltaic battery production line will reach the scheduled use in May 30th. The annual output of the 100MW PV production line will be increased.

Xu Haiqing, a representative of the company's securities, said that the component project of 100MW capacity at IPO began trial production last month. It can be pferred to formal production in May. Half a year's report can see some contribution to the project. The IPO polysilicon slicing project, which is planned for August, will be put into operation in August.

The company is optimistic about the new capacity orders, and believes that the industry will maintain steady growth throughout the year, and the installed capacity will not decline or retrogress.