A few days ago, Great Wall Securities issued a news that Zhejiang Jinggong Technology Co., Ltd. had more than 900 orders for polysilicon ingot casting furnaces in hand in 2011, and the total amount of orders is expected to reach about 2.7 billion yuan. This year, revenue is basically locked. In addition, the orders for the company's slicer will also be delivered in the second half of the year, which is expected to bring about 40 million in revenue for the company.
Jinggong Technology is a national key high-tech enterprise engaged in R&D, production and operation of electromechanical-integrated solar photovoltaic special equipment. At present, the company's polysilicon ingot casting furnace has exceeded 40% of the domestic market and is in a leading position. According to analysis by industry insiders, the future growth of polysilicon ingot furnaces comes from the demand for downstream silicon wafer manufacturers to expand their production, on the one hand, from the upgrading of existing furnace equipment. The polycrystalline kiln has become a stable growth cash flow business of the company.
In addition, quasi-monocrystalline ingot furnaces can provide silicon wafers with higher conversion efficiencies compared to polycrystalline silicon furnaces, which is significant for downstream companies. At present, Jinggong's quasi-single crystal ingot furnace has received orders for mass production and will become another advantageous product for the company to consolidate its position in the industry. The company will also strengthen its production capacity and realize the import substitution of sliced ​​ingots.
Jinggong Technology is a national key high-tech enterprise engaged in R&D, production and operation of electromechanical-integrated solar photovoltaic special equipment. At present, the company's polysilicon ingot casting furnace has exceeded 40% of the domestic market and is in a leading position. According to analysis by industry insiders, the future growth of polysilicon ingot furnaces comes from the demand for downstream silicon wafer manufacturers to expand their production, on the one hand, from the upgrading of existing furnace equipment. The polycrystalline kiln has become a stable growth cash flow business of the company.
In addition, quasi-monocrystalline ingot furnaces can provide silicon wafers with higher conversion efficiencies compared to polycrystalline silicon furnaces, which is significant for downstream companies. At present, Jinggong's quasi-single crystal ingot furnace has received orders for mass production and will become another advantageous product for the company to consolidate its position in the industry. The company will also strengthen its production capacity and realize the import substitution of sliced ​​ingots.