晶科能源(688223) - 2024年11月投资者关系活动表

Group 1: Industry Standards and Regulations - The recent updates in the Ministry of Industry and Information Technology's "Photovoltaic Manufacturing Industry Standard Conditions (2024)" enhance industry standards, promoting technological innovation and optimizing capacity layout, which is beneficial for long-term industry stability [6] - The company’s TOPCon production lines meet the latest standards with lower overall water consumption [6] Group 2: Impact of Policy Changes - The reduction in export tax rebates for photovoltaic products may initially prevent competitive spillover, but in the long term, it could positively influence overseas terminal prices and stimulate market demand [6] - The company plans to leverage its strong overseas brand reputation and diversified supply chain to adapt to policy changes [6] Group 3: Industry Self-Regulation and Market Outlook - The company supports industry self-regulation reforms and is optimistic about the gradual implementation of related policies, which are expected to stabilize and improve component market prices [6] - Major companies, including the company, are quoting prices above the cost analysis data released by industry associations, indicating a healthier supply-demand relationship [6] Group 4: Production and Capacity Plans - The company maintains a cautious approach to capacity expansion, focusing on upgrading existing capacities and improving the supply chain ecosystem [6] - There are no undisclosed new capacity plans beyond the currently under-construction and announced overseas capacities [6] Group 5: Production Schedule and Market Demand - The company adjusts its production schedule based on seasonal market demand, with an increase in November production to meet year-end installation needs, followed by a slight decrease in December [6] Group 6: Global Depositary Receipts (GDR) Progress - The company is progressing with the issuance of Global Depositary Receipts (GDR), pending approval from relevant regulatory bodies [7] Group 7: U.S. Market Outlook - The company remains optimistic about long-term installation demand in the U.S. market, driven by policy changes and the rapid development of artificial intelligence, which is expected to increase electricity demand [7]