Jinggong Technology(SZ:002006)2022-12-08 05:21Group 1: Financial Performance - The company's consolidated revenue for the first half of 2014 was 560 million CNY, representing a year-on-year increase of 54.56% [2] - The net profit attributable to shareholders for the same period was 12.83 million CNY, showing a year-on-year growth of 124.13% [2] - The company forecasts a net profit of 13 million to 18 million CNY for the period from January to September 2014 [2] Group 2: Contract Execution - The company has fully delivered and executed the leasing contract with Jiangsu Xiexin, while the contract with Shandong Dahai has also been completed [3] - The company has received a deposit for a prototype from Shannan Zhongjian, and the prototype has been dispatched, while Xuzhou Zhongke has not yet received a deposit [3] Group 3: Accounts Receivable - Major clients for accounts receivable include Jiangsu Xiexin, Yingli, and Shandong Dahai, with ongoing efforts to collect outstanding payments [3] Group 4: Industry Overview - The photovoltaic industry has gradually recovered since the second half of 2013, but still faces fluctuations and short-term overcapacity, particularly in silicon wafers and solar cells [3] Group 5: Product Efficiency and Policies - The average conversion efficiency of high-efficiency multicrystalline silicon wafers is around 17.6% [3] - The payment policy for photovoltaic equipment includes a prepayment ratio of 10%-30% and a deposit of 5%-10%, with the remaining payments typically required before equipment commissioning and acceptance [3] Group 6: Sapphire Project Progress - The company has produced a prototype for the sapphire project, but the process testing is still ongoing, indicating that commercialization is not yet achieved [3]