Jinko Solar(SH:688223)2024-05-31 09:52Group 1: Market Trends and Company Strategy - The company anticipates that component prices will remain low in Q1 and Q2 of this year, impacting overall industry profitability. However, it aims to balance shipment volume and profitability through its global layout and strategic advantages [3]. - The company has a 40% market share in the Middle East, supported by strong customer relationships and favorable solar conditions, indicating significant growth potential in this region [3]. - The company is actively monitoring changes in U.S. trade policies and has already established 2GW of component capacity in the U.S., with subsidies currently under application [3]. Group 2: Production and Technology - The company is progressing with the reconstruction of its Shanxi base, with minimal impact on capacity and shipments due to ongoing insurance claims and project advancements [3]. - The company maintains a competitive edge in TOPCon technology production efficiency and cost, while heterojunction technology currently lacks large-scale production competitiveness due to higher costs [4]. - The company is focused on reducing silver consumption in its products, aiming for higher efficiency and power output while optimizing silver usage [4]. Group 3: Industry Policies and Future Outlook - Recent industry meetings and policies, such as the CPIA high-quality development forum and the 2024-2025 energy-saving action plan, are expected to improve supply-demand dynamics and guide the industry towards sustainable growth [4].