GoodWe Technologies (SH:688390) Xin Lang Cai Jing·2025-09-12 08:55Core Viewpoint - Gree's stock price has shown significant fluctuations, with a year-to-date increase of 38.31% and a recent decline of 3.30% over the last five trading days, indicating volatility in the market [1]. Company Overview - Gree Technology Co., Ltd. was established on November 5, 2010, and went public on September 4, 2020. The company is based in Suzhou, Jiangsu Province, and specializes in the research, production, and sales of photovoltaic inverters and related products [1]. - The company's revenue composition includes: 45.41% from household systems, 32.91% from grid-connected inverters, 7.05% from other products, 7.02% from energy storage batteries, 6.85% from photovoltaic energy storage inverters, and 0.76% from other sources [1]. Financial Performance - As of June 30, 2025, Gree reported a revenue of 4.086 billion yuan, representing a year-on-year growth of 29.80%. The net profit attributable to shareholders was -16.598 million yuan, showing a year-on-year increase of 30.35% [2]. - Since its A-share listing, Gree has distributed a total of 538 million yuan in dividends, with 327 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of Gree's shareholders decreased by 5.43% to 16,000, while the average circulating shares per person increased by 5.74% to 15,189 shares [2]. - Notable institutional shareholders include: - GF High-end Manufacturing Stock A (holding 6.2816 million shares, an increase of 3.1064 million shares) - HSBC Jintrust Low Carbon Pioneer Stock A (holding 5.0361 million shares, unchanged) - Hong Kong Central Clearing Limited (holding 3.4064 million shares, an increase of 237,400 shares) - Photovoltaic ETF (holding 1.992 million shares, a new entry) [3].