The photovoltaic industry is still walking in the dark before dawn

Abstract “The value-added tax rate for photovoltaic power generation projects will be reduced by 50% to 8.5%.” “1000 European PV companies require the EU to waive punitive tariffs on Chinese solar companies”, “Buffett’s copy of Suntech’s electricity, China’s listing in the US” Photovoltaic stocks have risen collectively...
“The value-added tax rate for photovoltaic power generation projects will be lowered by 50% to 8.5%.” “European 1000 PV companies require the EU to waive punitive tariffs on Chinese solar companies”, “Buffett smuggling Suntech power, China listed PV in the US” Stocks have risen collectively.... The good news has boosted the enthusiasm of investors in A-shares. Longji shares and ST Super Day have seen a rare daily limit. Is the opportunity for the bottom-selling photovoltaic enterprise coming?

Industry boom is still early

Since the beginning of this year, due to the solid demand for solar energy systems in China, the European Union, Japan and some emerging market countries, the price of photovoltaic products has rebounded since January. For example, the price of 156mm × 156mm polycrystalline silicon wafers has increased from the average of 0.807 US dollars per piece at the beginning of the year to the present. The $0.911/piece, 156mm x 156mm monocrystalline wafers rose from $1.145/piece at the beginning of the year to the current $1.221/piece. However, affected by the active stocking of countries such as Japan and the United Kingdom, the production rate of component manufacturers such as Sunflower and Dongfang Risheng increased slightly in the first quarter of this year. From the first-quarter performance forecast released by the company, it has turned losses into profits, and the growth rate has obviously exceeded market expectation.

However, despite the rebound in the price of photovoltaic products, the current price still cannot support the resumption of production of most enterprises. Especially in the shadow of the EU double-reverse, the dumping of overseas polysilicon enterprises to China will continue to suppress the enthusiasm of domestic manufacturers. Officials from the Ministry of Industry and Information Technology said that at present, more than 85% of polysilicon production enterprises in China have stopped production, and most of them are at a loss. At the same time, the risk of the precarious debt crisis has intensified. The former “Wuxi Business Card” Suntech Power represents the leading bank of photovoltaics, which is currently facing the risk of bankruptcy. It was twice prompted by the US Exchange to delist the risk, while Jiangxi Saiwei also It is facing bankruptcy. Relevant data show that the current asset-liability ratio of domestic component companies listed overseas is close to 80%, and the asset-liability ratio of component companies listed in China is also close to 60%.

"The rise of new energy stocks is only a short-term speculation." Guo Wenjun analyst Hou Wentao told the "Red Weekly" reporter. He believes that the fundamentals of the PV industry have not improved significantly. Although the prices of related products have rebounded this year, the overall situation is still at the bottom. It is too early to say that the real warming is still warm.

The cancellation of the EU double-reverse case is purely a dream

“More than 1,000 PV companies in Europe have asked the European Commission to abandon punitive tariffs on Chinese solar companies.” Recently, rumors about the cancellation of EU double-anti-sanctions have boosted the confidence of domestic PV companies. "If the European Commission can adopt the request to cancel the double-anti-sanction, China's PV companies will usher in a second new life, and the export share of the shrinking Europe is expected to rise again. Otherwise, the bankrupt enterprise will increase after the formal ruling is settled." Industry insiders told reporters.

However, it seems that some PV companies in China still do not value the power of EU double-anti-sanctions. For example, the chairman of Trina Solar said in an interview with the media that despite the EU’s “double-reverse” investigation of China’s PV industry. The impact, but as China, Japan and other emerging markets continue to increase demand, the overall industry situation this year will be better than last year.

"The opposition of the merchants will only temporarily slow down the ruling and the tax rate will be lowered, but it will not affect the government's decision-making." Hou Wentao believes that the EU will not lift the sanctions. "If the final tax rate is less than 20%, it should be considered as an ideal result." National Securities Fu Caixia believes that although the European Union and thousands of European companies have written on the European Commission, it is pointed out that the Chinese component will be worth more than the European Union, and the EU will be revoked. Double reverse for China's PV modules. However, considering the current status of China's PV industry, the EU will not easily cancel the dual-reverse preliminary ruling on China's PV products, but it does not rule out that the EU will require China to make other concessions to seek greater benefits for itself.

A new round of support policy is coming out

In the face of increasing hopes that exports in the European market are hopeless and PV companies have stopped production and cut production, the government has increased its support this year, in addition to reducing the VAT rate of photovoltaic power generation projects by 50% to 8.5%. Some media also reported that the government is currently brewing "the implementation rules of the 'Distributed Photovoltaic Demonstration Zone' project", "the reform of the electricity price subsidy mechanism, the adjustment of the Golden Sun subsidy program", the access standards for the photovoltaic industry, and the export tax rebate policy for photovoltaic products.

This year may be a crucial year for the photovoltaic industry. The follow-up support policies cover all aspects of subsidies, technological innovation, and district electricity prices. Relevant people believe that only the VAT rate reduction will directly benefit the photovoltaic power station, which is equivalent to raising the pre-tax electricity price by 7.8%. Taking the 100MW power station as an example, the halving of the value-added tax will increase the company's annual profit by about 22 million. Conducive to the growth of Longji shares, Hairun photovoltaic, sunflower and other related power station development companies.

"Although the current PV industry is not profitable in the short term, it is still very promising in the long run," Hou Wentao said. As China's green energy demand rises and some companies withdraw from the market, the oversupply of PV products will be Improvements have been made. With the expansion of demand for photovoltaics in emerging markets, the photovoltaic industry is expected to gradually emerge from the cold winter.

Car Shock Absorber

Car shock absorbers are vital components of a vehicle's suspension system. They help to improve the overall driving experience by reducing vibrations and impact caused by bumps and uneven surfaces on the road. In this article, we will explore what shock absorbers are, how they work, and why they are important.


What are car shock absorbers?

A car shock absorber is a device that is designed to absorb or dampen shocks and vibrations caused by the movement of the vehicle's wheels. They are typically located between the suspension and the frame of the car and are made up of a cylinder filled with hydraulic fluid and a piston that moves up and down within the cylinder. When the wheel hits a bump on the road, the shock absorber's piston is forced up, compressing the hydraulic fluid inside the cylinder. The fluid then flows through small valves or orifices, dissipating the energy and slowing the movement of the piston.


How do car shock absorbers work?

The main purpose of shock absorbers is to reduce the amount of energy that is transferred to the car's body and the passengers inside the vehicle. As mentioned earlier, when the wheel hits a bump, the shock absorber compresses, slowing down the movement of the wheel and preventing it from bouncing back up. This allows the vehicle's tires to maintain contact with the road surface and ensures that the vehicle remains stable while driving.


Why are car shock absorbers important?

Here are a few reasons why car shock absorbers are important:

  1. Improved safety: Shock absorbers help to improve the safety of a vehicle by keeping the tires in contact with the road surface, which reduces the risk of accidents caused by loss of control.

  2. Improved comfort: Without shock absorbers, passengers would feel every small bump and jolt in the road. Shock absorbers help to improve the overall comfort of the ride by reducing the impact of these bumps.

  3. Extended tire life: Shock absorbers also help to reduce the wear and tear on the vehicle's tires by preventing excessive bouncing and vibration.

In summary, car shock absorbers are an essential component of a vehicle's suspension system. They not only help to improve safety but also provide a comfortable and smooth ride. Regular maintenance and replacement of worn-out shock absorbers are crucial for a vehicle's overall performance and longevity.


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