Jingsheng Electromechanical was awarded 80.85 million yuan of polysilicon ingot furnace orders to boost this year's performance

Jingsheng Electromechanical (300316) announced that the company has signed a polysilicon ingot furnace sales contract with Yichang CSG Silicon Materials Co., Ltd., with a total contract price of RMB 80.85 million, accounting for 46.21% of the company's total sales in 2013. The business performance has a significant positive impact.

According to the contract, Jingsheng Electromechanical will supply JSH800-HF polysilicon ingot furnace, steel structure platform and necessary spare parts, related technical materials and services to Yichang CSG.

It is understood that the JSH800-HF polycrystalline silicon ingot furnace product is the newly developed high-efficiency polycrystalline silicon ingot furnace for the realization of the conversion efficiency of 17.85% of polycrystalline silicon battery. The furnace type has realized the automatic monitoring of the seed height. Effectively and automatically control the amount of seed crystal retention, and successfully solve the technical obstacles that the semi-melting high-efficiency ingot can not be automated for a long time. For the first time in China, the fully automatic control of the semi-melting high-efficiency polycrystalline ingot process has been realized.

Jingsheng Electromechanical said that the breakthrough of this technology will change the technical pattern of the existing polysilicon ingot furnace, which is of great significance to the future market development of the company's high-efficiency polysilicon ingot furnace products.

Jingsheng Electromechanical Co., Ltd. is a high-tech enterprise specializing in independent research and development, manufacturing and sales of crystal growth equipment. At present, the company's main products are fully automatic single crystal silicon growth furnace, polycrystalline silicon ingot furnace and single crystal growth furnace control system; new products are zone molten silicon single crystal furnace, sapphire crystal furnace and single crystal silicon rod cutting and grinding combined processing Machine and so on.

In 2013, Jingsheng Electromechanical achieved operating income of RMB 174.498 million, down 65.18% year-on-year; net profit attributable to shareholders of listed company was RMB 43.634 million, down 74.87% year-on-year; basic earnings per share was RMB 0.16, down 76.12% year-on-year.

According to Jingsheng Electromechanical, due to the fluctuation of the photovoltaic industry, the demand for new equipment in the downstream has decreased year-on-year. At the same time, some of the existing orders have been delayed due to the customer's consideration of the industry situation, resulting in the company's annual performance. It has fallen. However, with the company's regional melting silicon single crystal furnace, single crystal rod cutting and grinding integrated processing machine and sapphire crystal and other new products will gradually be introduced to the market, the company's business recovery signs in 2014 are more obvious. In addition, the company is investing in the construction of photovoltaic power plant projects in Chenzhou City, Shanxi Province, and will also contribute to the company's future performance growth.

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