Global photovoltaic giants enter the US capital market

Abstract "In August this year, it will enter the US market with great fanfare." Although the US Department of Commerce just announced that it will impose an anti-dumping tax rate on Chinese PV products, on May 19, when interviewed by reporters, Li Xiangshou, CEO of Yanhui Sunshine Group, is still ambitious...

"In August this year, it will enter the US market with great fanfare." Although the US Department of Commerce just announced that it will impose an anti-dumping tax rate on Chinese PV products, Li Xianshou, CEO of Yanhui Sunshine Group, is still ambitious when interviewed by reporters on May 19.

As one of the world's largest PV manufacturing and sales companies, Sunlight Sunshine is listed on the New York Stock Exchange. Last year, despite the “cold flow” in the industry, Zhai Hui Sunshine still had profit.

Li Xianshou told reporters that "double-reverse" has little negative impact on Yan Hui, but it is an opportunity, because "double-reverse" is against battery cells and components. "Currently, Huihui did not sell the above products in the US market. ".

In 2005, Yan Hui established a branch in the United States. “We will use overseas production methods to avoid huge tariffs, that is, to purchase from the US company in the name of the US company, then commission the production of companies in Taiwan, Malaysia, and finally export to the United States.”

On the other hand, Li Xianshou believes that Chinese companies involved in global competition should improve their technological capabilities. It is reported that Qihui Sunshine has released two new technologies independently researched and developed: resin diamond cutting line and Virtus new component technology. “The resin diamond cutting line can achieve zero emissions. At present, only two or three companies in the world have this technology.” Li Xianshou said.

Regarding the development of the industry, Li Xianshou expressed optimism. "At present, the industry has already shown signs of recovery. First of all, from the situation of Qi Hui, it has been 100% full-load production since the second quarter, and shipments have reached a record high. Secondly, from the last two weeks The price of components and battery prices has stabilized. This has been the first time since last year's continuous decline. It is expected that there will be no room for further decline."

In addition, for the news of the media report of the departure of Sun Hui Sun executives, Li Xianshou responded that two of the three former executives in the media reported that they had chosen to leave because of the expiration of the contract, while the other was due to the individual’s Serious mistakes in the work were expelled from the company, not unreasonable dismissal in the rumors.

"At the same time as the company left the three senior executives, we also added three new regional presidents. Therefore, the number of senior executives is generally the same as last year." Li Xianshou said that this year the company did not lay off employees, but instead expanded its enrollment. “Our number of employees has increased from more than 8,000 to more than 9,000 at present. There are still 500 people in our factory in Wuxi.”

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