Drinda(SZ:002865) Zheng Quan Shi Bao Wang·2025-10-27 09:47Core Viewpoint - The company, Junda Co., Ltd., reported a revenue of 2.018 billion yuan in Q3 2025, marking a year-on-year increase of 10.42%, driven primarily by strong overseas market demand for photovoltaic batteries [1] Group 1: Financial Performance - In the first three quarters of 2025, the company benefited from market capacity clearance, industry self-discipline, and policy guidance, leading to a recovery in industry chain prices and corporate performance [1] - The company's overseas sales proportion surged from 24% in 2024 to 51% in the first three quarters of 2025, reflecting its successful global strategy [1] Group 2: Market Expansion - The company has become a major supplier of photovoltaic batteries in several overseas markets, including India, Turkey, and Europe, due to its leading technology and product quality [2] - A strategic cooperation agreement was signed with a local component customer in Turkey to jointly develop high-efficiency battery projects, addressing regional capacity gaps [2] Group 3: Research and Development - The company is continuously optimizing N-type battery technology, enhancing conversion efficiency and reducing non-silicon costs through various technical improvements [3] - The company has achieved a laboratory efficiency of 32.08% for perovskite tandem batteries, positioning itself at the forefront of the industry [3] Group 4: Future Outlook - The domestic photovoltaic market is expected to maintain steady growth due to ongoing infrastructure improvements and market reforms, while overseas demand remains strong due to capacity shortages [4] - The successful listing on the Hong Kong main board has significantly enhanced the company's financing capabilities, allowing it to leverage diverse capital market opportunities for strategic integration and new business development [4]