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Finance

GCLSI Successfully Raises CNY2.5 Billion ($US386 Million) Through Private Placement Share Offering

GCLSI Successfully Raises CNY2.5 Billion ($US386 Million) Through Private Placement Share Offering

27/01/2021

PVTIME – GCL System Integration Technology Co. Ltd (“GCLSI ” or “the Company”)(Shenzhen:002506) announced on January 21 that it successfully raised 2.5 billion yuan ($US386 million) through a private placement…

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Arctech Solar Forecasts Net Profit Increase of 66.41 – 75.65% for 2020

Arctech Solar Forecasts Net Profit Increase of 66.41 – 75.65% for 2020

27/01/2021

PVTIME – On January 26, Arctech Solar (stock code:688408) released its financial guidance for 2020. The company estimated that net profit attributable to the parent in 2020 will be between…

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Daqo New Energy Provides Preliminary Estimates of Revenue and Net Profit for Its Subsidiary and Updates Guidance for 2020

27/01/2021

PVTIME – Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”) announced that its subsidiary Xinjiang Daqo New Energy (“Xinjiang Daqo”) had provided estimates of its…

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Sungrow Predicts 107-130% Net Profit Increase for 2020

26/01/2021

PVTIME – On the evening of January 25, Sungrow disclosed its performance forecast for 2020. For the reporting period, the company expects to achieve revenue of 19-20 billion yuan, an…

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ReneSola Power Announces $250 Million Registered Direct Offering of ADSs

26/01/2021 0 Comment

PVTIME – ReneSola Ltd (“ReneSola Power” or the “Company”) (NYSE: SOL) announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of 10,000,000…

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Trina Solar Forecasts Net Profit of 1.2 – 1.328 Billion Yuan for 2020, a Year-on-Year Increase of 87.55%-107.29%

26/01/2021

PVTIME – Last night, Trina Solar Co., Ltd. (hereinafter referred to as “Trina Solar” or the “Company”) released earnings guidance for 2020. The company predicts that the net profit attributable…

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Chint Electric Forecasts 70.46%-86.4% Net Profit Increase for 2020

Chint Electric Forecasts 70.46%-86.4% Net Profit Increase for 2020

21/01/2021

PVTIME – On January 20, Zhejiang Chint Electrics Co., Ltd. (hereinafter referred to as “Chint Electric” or the “Company”) issued its earnings guidance for 2020. According to the announcement, after…

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TBEA Announces Plan of Domestic Listing of Its Subsidiary Xinte Energy

TBEA Announces Plan of Domestic Listing of Its Subsidiary Xinte Energy

15/01/2021

PVTIME – TBEA Co., Ltd. (hereinafter referred to as the “Company”) reviewed and approved the previously discussed “Proposal for Planning of Domestic Listing of the Company’s Holding Subsidiary ” during…

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GCL-Poly Energy Holdings Limited Plans to Raise HK 4.148 Billion via Placement of Shares

15/01/2021

PVTIME –  Yesterday, GCL-Poly Energy Holdings Limited (HK 03800) announced the placement of shares equivalent to approximately 18.44% of the company’s existing issued share capital; and approximately 15.57% of the…

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Jolywood Forecasts 52.71-62.99% Net Profit Decrease for 2020 and Plans to Sue Private Equity Fund Managers for Losses

Jolywood Forecasts 52.71-62.99% Net Profit Decrease for 2020 and Plans to Sue Private Equity Fund Managers for Losses

12/01/2021

PVTIME – On January 10, Jolywood released its annual performance forecast for 2020. The company is expecting to realize a net profit of between 90-115 million yuan for 2020, a…

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