In the first half of this year, although the 531 New Deal has become an important event in the entire photovoltaic industry, the scale of subsidies and restrictions have been reduced, and the hot market has rapidly fallen into a freezing period. However, in the midst of the market turmoil, Oriental Risheng can still plan ahead of time, accurately step on the development opportunities of the entire industry, lay a solid foundation and move forward steadily.
As the leader of A-share PV, its performance has continued to grow in recent years. According to the latest list of the top ten crystalline silicon manufacturers in 2017 released by IHS, a well-known market research institute, Dongfang Risheng ranks eighth. According to the annual report of Sunrise, the annual capacity of the company’s components was 6.6GW by the end of 2017. In 2014, the operating revenue and profit of Dongfang Risheng were 2.95 billion and 67 billion respectively, rising to 11.45 billion and 650 million in 2017. From the perspective of profit and revenue, the growth rate of Oriental Rising has been good in recent years.
Although the 531 new policy has a great impact on the industry, resulting in price reduction in the whole industry chain, the gross profit of components of the Oriental Risheng is basically the same as before. In 2017, the overseas and domestic market shares of Orient Risheng were 45% and 55%. Compared with the downturn of the domestic market, Orient Risheng looked at the overseas market and took the lead. In the first half of 2018, its overseas market share achieved good results.
As a colleague in improving product quality, Dongfang Risheng will expand production capacity and product sales, make accurate judgments based on its own advantages and market prospects at home and abroad, focus on the “new energy+new materials” industry, seize the industry fluctuation period and market opportunities, strive to be the industry leader, and strive to be among the top three in the world!