质量回报双提升，优秀已成为习惯

Investment Rating - The investment rating for the company is "Buy" and is maintained [5]. Core Views - The company has launched a "Quality and Return Improvement" action plan in response to government initiatives aimed at enhancing market confidence and the quality of listed companies [5]. - The company aims for high-quality sustainable development by focusing on innovation, digital transformation, and operational efficiency, with significant growth in core businesses such as photovoltaic inverters and energy storage systems [5]. - The company emphasizes shareholder returns through stable dividends, share buybacks, and enhanced investor communication [5]. - The company expects a substantial increase in revenue and net profit for 2023, with projected revenue between 710-760 billion and net profit between 93-103 billion, reflecting year-on-year growth of 76%-89% and 159%-187% respectively [6]. - The company maintains a strong market position with approximately 30% global market share in inverters and anticipates continued growth in 2024, particularly in overseas markets [6]. Summary by Sections Action Plan - The "Quality and Return Improvement" action plan includes initiatives for sustainable development, digital transformation, and operational efficiency [5]. - The company plans to enhance product coverage and innovate in marketing and manufacturing [5]. Financial Performance - The company forecasts 2023 revenue of 710-760 billion, a year-on-year increase of 76%-89% [6]. - The projected net profit for 2023 is 93-103 billion, indicating a significant year-on-year increase of 159%-187% [6]. - The company expects to maintain a gross margin of 30%-40% for inverters and 20%-30% for energy storage systems in 2024 [6]. Market Position - The company is projected to maintain a 30% global market share in inverters and expects strong growth in energy storage sales [6]. - The company anticipates a favorable competitive landscape for large inverter models, contributing to its profitability [6].