晶科能源副总裁钱晶：加速产能优化与全球化布局

Core Viewpoint - The primary task for JinkoSolar this year is to accelerate the upgrade and optimization of production capacity to over 650W, which is seen as a critical threshold for high-performance products in the photovoltaic industry [1][2]. Group 1: Industry Trends - The photovoltaic industry is undergoing unprecedented changes and challenges, with intensified competition and efforts to eliminate inefficient production capacity [2]. - Since the second half of last year, various stakeholders have been working to accelerate the clearing of low-efficiency capacity, leading to strict control over new capacity additions [2]. - The transition to high-efficiency production capacity is essential for companies to navigate the current cycle [2]. Group 2: Company Strategy - JinkoSolar aims to complete the upgrade of 40GW-50GW of high-performance product capacity by the end of the year [2]. - The company has established a global presence, with overseas sales expected to account for nearly 70% of its component sales by 2024, indicating significant success in expanding into high-margin markets [2]. - JinkoSolar has set up 10GW of N-type integrated capacity in Vietnam and operates 2GW of capacity in the U.S. at full production [2]. Group 3: Market Opportunities - The company is collaborating with the Public Investment Fund and Saudi Energy Equipment Company on a high-efficiency battery and component project in Saudi Arabia, enhancing its competitiveness in the Middle East market [2]. - The trend of global supply chain fragmentation necessitates smart upgrades in manufacturing and diversified ecological chains, which are crucial for building new competitive advantages [3]. - JinkoSolar is adopting a "local manufacturing, local supply" strategy to leverage product competitiveness in rapidly growing markets like Southeast Asia and the Middle East, where high electricity prices create significant market opportunities [3].