4.039 Billion Yuan! Shenzhen S.C. Supplied PV Equipment to JA Solar in Past 12 Months

PVTIME – Shenzhen S.C New Energy Technology Corporation (hereinafter referred to as Shenzhen S.C or the Company)(300724.SZ), a rapidly developing new energy equipment manufacturer with R&D capabilities into equipment & process, announced on 13 July 2023 that it and its subsidiary had entered into contracts with JA Solar and its subsidiary for PV equipment for the past 12 months.

According to the announcement, Shenzhen S.C had supplied solar cell production equipment to JA Solar during the period from 10 July 2022 to 10 July 2023, with a total contract value of 4.039 billion yuan (including tax), representing 72.86% of Shenzhen S.C’s audited revenue from main business in FY2022.

In addition, Shenzhen S.C released its half-year results preview 2023 on July 5. The net profit attributable to shareholders of listed companies in the first half of 2023 is expected to be 736 million to 812 million yuan, up 45% to 60% year-on-year, and the net profit after deducting non-recurring gains and losses is estimated to be 673 million to 749 million yuan, up 43.86% to 60.15% year-on-year.

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