海南发展：海控三鑫全面停产

Core Viewpoint - Hainan Development (002163.SZ) announced the decision to cease operations at its subsidiary, Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd., due to ongoing losses and high operational costs, with a complete shutdown planned by September 2025 [1] Group 1: Operational Changes - The company will stop production at 550 tons of kilns and 5 deep processing production lines to reduce operational costs and avoid further losses [1] - After the initial shutdown, the company planned to maintain 2 deep processing production lines to continue collaboration with key customers [1] - Ultimately, the decision was made to close the remaining 2 deep processing production lines by the end of September 2025 due to a lack of market recovery in the photovoltaic glass sector [1] Group 2: Market Conditions - The photovoltaic glass market has not shown signs of recovery in the short term, leading to challenges in reducing the cost of purchased raw materials and ensuring product quality [1] - The ongoing losses have not been effectively controlled, prompting the company to take decisive action regarding its production capabilities [1]