Risen Energy(SZ:300118) Ge Long Hui·2025-12-29 01:21Core Viewpoint - The company, Dongfang Risheng, focuses on the globalization of new energy and new materials, leveraging years of technological accumulation in heterojunction (HJT) technology to enhance its market position [1] Group 1: Technology and Product Development - The company has achieved cumulative shipments of over 10 GW for its ultra-low carbon 210 HJT Vuxi series products, utilizing unique low-temperature bifacial passivation contact, stress-free interconnection technology, and bifacial microcrystalline technology [1] - The Vuxi series products incorporate cost-reduction methods such as the use of 210 half-thin silicon wafers, low-silver content paste, and steel frames, resulting in a significant advantage in levelized cost of electricity [1] - The company is diversifying its efficiency enhancement directions for heterojunction technology, including but not limited to screen printing, edge optimization, metallization line optimization, photon sintering, and optical transfer film [1] Group 2: Product Offerings and Market Strategy - The company's heterojunction products include both n-type and p-type series, with the p-type ultra-thin heterojunction series being a specialty product that offers comprehensive advantages in ultra-thin battery applications (less than 70 micrometers), production costs, specific power, flexible satellite solar wing adaptation, and radiation resistance [1] - The company has the capability to deliver p-type ultra-thin HJT products in bulk according to customer needs, and has already gained experience in small-scale deliveries of this series in overseas markets [1]