ACHT(SH:600207)2024-10-31 07:38Financial Performance - The company achieved a revenue of 3.461 billion CNY in the first three quarters of 2024, with a net profit attributable to shareholders of -89.92 million CNY, and a net profit excluding non-recurring gains and losses of -112 million CNY [1][2]. - The decline in revenue and net profit was influenced by the sale of natural gas assets and a decrease in the selling price of photovoltaic glass products [2]. Project Developments - The company is investing in high-purity quartz products, which are essential materials in the photovoltaic and semiconductor industries, indicating a broad market potential [2]. - The quartz glass project aligns with the company's "one core and four poles" development strategy, promoting industrial upgrades and high-quality development [2]. - The company has three silicon-based material projects, with the Jiaozuo project producing 150,000 tons of quartz sand annually, and both the Anyang and Xuchang projects producing 300,000 tons each, all operating normally [2]. Production Capacity and Quality - The photovoltaic glass business is currently operating at full capacity due to strong product quality and stable customer relationships [3]. - The company has improved the yield and quality of its solar thermal glass production, which requires a transmittance rate of over 90.8% [3]. - The production process for solar thermal glass and ordinary ultra-white glass is similar, with differences mainly in material composition and light transmittance requirements [3].