BOAMAX(SZ:002514)2023-02-07 16:50Company Overview - Jiangsu Baoxin Technology Co., Ltd. was established in 2001 and listed on the Shenzhen Stock Exchange in 2010. The company has undergone two strategic transformations and has a focus on "new energy + intelligent manufacturing" as its development strategy [2][3]. - The company is currently developing a 2GW heterojunction solar cell and module production project, expected to commence production in mid-2023 [2][3]. Production Capacity and Projects - The first phase of the Huaiyuan heterojunction battery project has a capacity of 2GW, with construction expected to be completed by March 2023 and production to start mid-year [4]. - The second phase of the Huaiyuan project aims for a capacity of 6GW and is currently in the preparatory stage [4]. - The company plans to reach a total production capacity of 4GW by the end of 2023 and aims for 10GW in 2024, contingent on financing [4]. Technological Developments - The company is collaborating with Professor Zhang Chunfu and Professor Zhu Weidong on perovskite technology, which is seen as a next-generation core technology in the photovoltaic industry. The goal is to achieve a conversion efficiency of over 30% for perovskite/heterojunction stacked batteries by the end of 2023 [3][4]. - The company has established a new entity, Xi'an Baoxin Solar Technology Co., Ltd., to focus on the development of perovskite-heterojunction technology [3]. Energy Storage and Charging Infrastructure - The company has initiated its energy storage and battery swapping business, with the first battery swapping station in Huaibei now operational [3][4]. - A joint venture was formed with Huai Bei Jiaokong New Energy Technology Co., Ltd. to provide charging and battery swapping network services in Huai Bei, with plans to expand to 2-3 cities annually over the next 3-5 years [5]. Market Strategy and Sales - The company has established a Green Energy Division to manage domestic and international sales of photovoltaic products, leveraging local green energy resources to enhance sales and profitability [4]. - The company is actively engaging with major energy groups and enterprises in the photovoltaic sector to secure orders and ensure product absorption over the next 2-3 years [4].