Chinese solar PV glass maker Jinjing Group recently released its financial report of the third quarter of the year, with an operating revenue of RMB 1.75 billion, a YOY increase of 40.55%; The net profit attributable to the shareholders of the listed company was RMB 464.80 million yuan, a YOY increase of 333.51%. The operating revenue in the first three quarters was RMB 5.0 billion yuan, a YOY increase of 48.82%; The net profit attributable to the shareholders of the listed company was 1.25 billion yuan, a YOY increase of 581.11%, mainly due to the price increase of the company’s products, the impact of the adjustment of the company’s sales structure and the expansion of the company’s scale.
The company is a national high-tech enterprise focusing on the development, production, processing and operation of photovoltaic glass, energy-saving glass, glass original sheets, automotive glass and deep-processed products. The company entity is based in East China, actively deploys business across the country as well as overseas markets in response to the national Belt and Road Initiative. In recent years, the company has been putting more efforts in the exploring of the new solar energy materials and energy-saving materials since the country has been promoting green building, green materials and green energy.
The company takes energy conservation and emission reduction as the construction principle, takes the development of circular economy as the direction, relies on the superior resources of the surrounding areas and the local industrial foundation, and extends the upstream and downstream industrial chain. After years of research and development and technology precipitation, the company has mastered thin-film solar energy panel glass special technology.
