Textile Enterprise Crossover "Photovoltaic" Epitome Of The Shares Of The Sun Drive

Once upon a time, "photovoltaic" is to make many. Spin Before the 2007, textile enterprises launched an upsurge of entering the photovoltaic industry, and China's largest home textile enterprise, Frye group, is also one of them. Hongkong counterfeit money panic is part of the macro-control is announced by the macroeconomic regulation and control announced the holding of pressure signal bullets, economic weakness, suppression of the medium-term trend, the main speculation method exposure stock options in the end of June: A shares will be wolf? Medical devices welcome the policy year, leading enterprises harvest good Friday, disclosure of large cap stocks appear on the SFC, behind the IPO reform of the State Council, the deployment of financial support agriculture village banks concept benefit.

Compared with the young photovoltaic industry, the textile industry is a labor-intensive industry with low profit margins and higher cost of employment. In 2006, Jiangsu sunshine invested 234 million yuan to establish Ningxia sunshine silicon industry jointly with Ningxia electric power investment group. In 2010, the Lun Sha group, a pantyhose manufacturer, also set up Zhejiang an hang Photovoltaic Technology Co., Ltd. to develop and produce solar photovoltaic monocrystalline silicon crystal, polycrystalline ingot and solar crystal silicon products.

Interlacing, such as mountains, textile enterprises in the photovoltaic industry did not fully understand the situation, it hastily admitted. Xiong Xiaokun, a light industry researcher at CIC, pointed out that unlike the textile enterprises that follow the "small profits but quick turnover" business mode, the photovoltaic industry has high investment, high risk and high profits. The reason why textile enterprises blindly enter the industry, pursue short-term benefits and love new energy concepts is their real purpose.

As the largest towel enterprise in Asia, sunvim There is limited room for improvement in main business. Zhang Meng, manager of the Department of financial affairs, told the first Financial Daily reporters that the company discovered the rise of photovoltaic industry around 2007. After careful inspection, it decided to enter the photovoltaic field.

"The textile industry employs a lot of people, and the photovoltaic industry has less employment and high technology content. According to the output value of the time, there are more than 10000 people in the home textile industry, and only 150 people in the PV project, and the output can match the home textile industry." Zhang Meng said. At the same time, the demand for overseas markets, which has just experienced the financial crisis, is sluggish, which makes the export market, which is the absolute dominant position, more resolute in developing the PV business.

In January 18, 2008, the company announced that it would invest in the establishment of CIS solar photovoltaic module. It plans to build the production base of the CIS thin film solar cell module, with an annual design of 60MW. The registered capital of the company was 180 million yuan and increased to 544 million yuan in two months.

As a textile enterprise, it is not too late to enter the field of PV, but today, when Zhang Meng recalls the situation at that time, there are still some regrets. He said: "because the project investment is relatively large and difficult, the production time is late, and it was gradually produced in 2008 and 2009. In 2011, the whole industry began to go down, and the market of polysilicon was oversupplied, and the rate of reduction was too fast."

In August 2008, the first crystalline silicon cell project invested by verge invested in the first production line with 10MW design capacity.

In September 2011, the film solar cell 30MW production line launched by Fu sun was formally put into operation, but it was not mass produced. According to Zhang Meng, the original design capacity is 60MW, but in order to reduce losses, the remaining 30MW did not continue to invest.

The market of photovoltaic industry has suddenly declined rapidly. After years of crazy investment, the PV industry is oversupply, and the capacity of China alone covers or even exceeds the demand of the global market. Since 2011, many photovoltaic enterprises at home and abroad have started bankruptcy. At this time, the PV project of Fu sun has not yet been put into operation.

Aware of the decline in the market, fortune days stopped investing in time. According to the financial report, in 2011, the loss of asset value of Fu sun was 54 million 890 thousand yuan, an increase of 322% over 2010. The reason is that "the provision of depreciation for the long-term equity investment held by BOSCH Solar Energy Technology Co., Ltd. (hereinafter referred to as" BOSCH solar ") has resulted in a 26% decline in net profit of the company. It was confirmed by the media that BOSCH solar is the JSTG company that invested previously.

Frustrated in 2013, most of the PV assets had been stripped off. However, Zhang Meng told reporters that Fu sun did not give up the photovoltaic business, and is still waiting.

However, the industry reshuffle continues. According to the data of Zhejiang solar energy industry association, the number of enterprises in Zhejiang photovoltaic industry is still decreasing in 2013, 370 in 2012 and 260 in 2013. Shen Fuxin, Secretary General of the association, told reporters that most of the opt out were small and medium enterprises.

According to the 2013 earnings report, photovoltaic On the project, the net profit of SOE in a timely manner has increased by 7 times, and profitability has returned to normal level.