2013年7月22日星期一

pure sine wave inverter--Substantial provision for performance

As can be seen from the substantial provision for accounts receivable “Ultra-day sun in the 2012 Annual Report on the financial advantage of this opportunity. “Affected by overcapacity, allows the company to lower-than-expected shipments in the fourth quarter, the operating conditions of a serious decline in the normal operating loss for the year amounted to 300 million to 350 million yuan. Affected by the European Photovoltaic policy, the risk of customer default plus companies to adopt the preparation of the provision for bad debts, impairment of inventories, machinery and equipment, and pure sine wave inverter  plant assets, totaling about 600000000-650000000 yuan. “said Ultra-day sun.
The Nikai Lu Earlier in an interview expressed the hope that 2013 can be a new beginning to enter a new transition. Earnings - operate - transfer mode from the investment, and changes to the early stage of development - an offer for sale - to ensure that the component supplier. The new model will account for 20% of the proportion of the overall business in 2013, increased to more than 40% in 2014. (See “Economic Observer" reported on January 14 reported self-help program “qualitative" liquidity problems “Ultra-day sun).
Ultra-day sun is the fourth-largest shareholder of Sky solar panel  plans to market within the year, or will bring the dawn of Ultra-day sun. Sky Solar only the downstream power station development upstream capacity, which has formed a strategic cooperation with the Ultra-day sun, shares of each other in many projects. The Sky Solar chairman Cabernet conducive engaged in the investment of photovoltaic power plants in 2006, company CEO Zhang Yi also has rich experience in the photovoltaic, previously served as the CFO post at Suntech, has propelled Suntech listed on the NYSE. Sky Solar years listed successful, will boost sales of the Ultra-day sun, the battery components.
Su Weili, the newspaper said, the PV market is in short supply, the downstream to upstream purchases need full payment, supply quantity and delivery time is not guaranteed, so choose stake in Sky Solar Ultra-day sun to supply security. However, since the commercial activities, each have their own point of view.
The visible Sky Solar Nikai Lu an important part in the 2013 restructuring - with partners to jointly develop power plants, until the project matures,  pure sine wave inverter  offer for sale, in order to protect the shipments and production profits. The future, the two companies will still have to work closely. January 18,SkySolarAksuPrefecturein Xinjiang 30MW photovoltaic ground power station successful network, Xinjiang’s largest photovoltaic power plant. The Sky Solar Prior announced 50MW PV power plant project inQinghai,QinghaiProvince Development and Reform Commission has also received approval.
New Hope does not mean that the storm has passed - January 24, Ultra-day sun, announced the receipt of the China Securities Regulatory Commission Shanghai Audit Bureau of Investigation Notice, the company is suspected of failing to disclose information, the company decided to file investigation.

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