Zhejiang Jingsheng Mechanical & Electrical (SZ:300316)2022-12-08 01:18Group 1: Company Overview and Financial Plans - The company plans to raise a maximum of 1.6 billion yuan through a private placement of shares, primarily for projects including the production of 25 million mm sapphire crystal rods and the expansion of sapphire production capacity [3] - The company has introduced the first domestic 8-inch zone melting silicon single crystal furnace, achieving significant performance improvements and cost reductions [4] Group 2: Market Trends and Industry Outlook - The company is optimistic about the photovoltaic industry, expecting substantial growth driven by national policies aimed at increasing the share of renewable energy during the 13th Five-Year Plan period [4] - The photovoltaic industry is anticipated to develop positively despite economic slowdowns, with continuous adjustments to installation targets [4] Group 3: Product Development and Innovations - The company has secured a project for an integrated machine for cutting and grinding sapphire, which incorporates advanced technologies and meets international standards [5] - Future investments will focus on larger sapphire crystal growth furnaces, specifically targeting 65KG and 90KG levels, with an emphasis on larger sizes [5]