The Way Of Rebirth Of Former Giants

In this year's A-share market, photovoltaic is a hot concept. The market value of giant enterprise Longji shares exceeded 300 billion yuan and Tongwei shares exceeded 100 billion yuan, which excited investors who have long been concerned about photovoltaic industry. However, Jinyu's external failures include the rising valuation of photovoltaic panel, which also makes the voice of doubt and warning gradually rise.

However, when the spotlight is focused on Longji shares, Tongwei shares and other leading enterprises, the old group of photovoltaic giant enterprises are also "rubbing their hands" and making a comeback.

What is impressive is that in the 14th SNEC (2020) international solar photovoltaic and smart energy conference and exhibition held in August this year, Yingli energy's booth and Longji share "the same room". In terms of stand scale and publicity, this enterprise, once regarded as the "big brother" of photovoltaic industry, is no weaker than the younger generation of Longji. But the future is daunting. Even if the glorious past is moved to the present, Yingli energy can hardly compete with Longji shares today.

It is gratifying to see that the former photovoltaic giants, including Yingli energy and Suntech Power, are reborn. Among them, Yingli energy has taken many actions recently. First, in September, the company announced that it had provided 6MW photovoltaic building materials for xiong'an high-speed railway station, the largest high-speed railway station in Asia. Then, on October 15, two important projects of Yingli energy, namely, Yingli Qinghai 50MW low-cost photovoltaic project, was started. Yingli energy's annual output of 5GW high-efficiency modules intelligent industrial park project with a total investment of 1.7 billion yuan was started in Tangxian County, Hebei Province. It is worth mentioning that 21st century economic reporter also learned that the restructuring of Yingli energy, which has attracted much attention from the outside world, is also expected to make substantial progress by the end of October this year.

In the interview, 21st century economic reporter found that the common choice of the former photovoltaic giants is to unload the burden of history and focus on core competitiveness business: Yingli energy plans to dilute the links of ingot and silicon chip, and inclines its business center to the field of batteries and modules; Suntech Power regards the module business as the lifeblood, even if there are a small number of battery production lines, it is also supplied to itself , not for sale.

However, the most competitive link is the component. The Bucks have entered the stage of competition in other sectors. Jingke energy, Longji shares, Jingao technology, Trina Solar, etc. are new and old competitors of Yingli energy and Suntech Power.

It is worth noting that the rising price tide of photovoltaic industry chain in the second half of this year has made the living environment of module enterprises more severe. Longji shares and other leading enterprises with strong capital strength and industrial layout, to achieve the material end of the guarantee supply. However, due to the tight supply of photovoltaic materials, including Suntech Power and other module enterprises, the ability to fully release the module capacity is being tested.

Talking about the evaluation on the rebirth of Yingli energy and Suntech Power, some people in the photovoltaic industry said in an interview with the 21st century economic report that it is undeniable that these enterprises still have brand influence in the past, but in today's competitive environment, the problem they should focus on is to ensure their survival.

"You can live by living first." The industry's comments are profound. Indeed, the completion of bankruptcy reorganization means that the glorious history of these former photovoltaic giants has really become history. What's more, they have no "old capital" to "gnaw". In front of these enterprises is a more brutal road of competition.

Fortunately, Yingli energy and Suntech Power are keeping pace with the pace in new products and technologies, so that they will not fall behind in the future competition.