60 Million Yuan! Gaoce Technology and Adani Group Sign for Equipment Supply

PVTIME – Recently, Qingdao Gaoce Technology Co., Ltd.(688556.SH)(hereinafter referred to as Gaoce Technology), a company specialized in R&D, production and sales of cutting equipment for hard and brittle materials and cutting tools, announced that it has signed with Adani Group, a leading infrastructure constructor in India, for all orders for grinding and polishing machines and slicing machines for one bidding, with an order value of nearly 60 million yuan.

Meanwhile, Gaoce Technology released its performance report for the first half of 2022 that its operating income was 1.335 billion yuan, a year-on-year increase of 124.16%. And its net profit attributable to the parent was 237 million yuan, a year-on-year increase of 224.39%. Among them, the operating income earned for sales of PV cutting equipment was 560 million yuan.