Latest Communication Minutes With JA Solar
How do you view the recent continuous decline in module prices? When do you expect the photovoltaic module market to stop falling and rebound?
At present, as a representative of new quality productivity, N-type module products in the photovoltaic industry continue to improve power generation and reduce costs with technological innovation to contribute better profit levels to power generation users, thereby driving the continuous growth of global market demand. At the same time, backward production capacity is gradually eliminated, and the production capacity of poorly managed photovoltaic companies is withdrawn. I believe that the photovoltaic industry will soon reach a balance between supply and demand, and the price of module products will stabilize and return to a reasonable level.
When will it turn losses into profits?
Changes in the supply and demand relationship of the photovoltaic industry have led to cyclical fluctuations in the industry, but global market demand continues to improve. In the current period, JA Solar focuses on maintaining strategic focus and working hard to improve its internal strength. By strengthening technological innovation, actively expanding the market, continuously strengthening cost control and quality improvement, etc., it continuously improves the company's core competitiveness, responds to market challenges, and strives to improve operating performance under the fierce market competition. Please pay attention to the company's regular reports for the company's performance.
How is the order situation of JA Solar's modules in the fourth quarter? Will the operating rate be increased? How many GW of shipments are currently expected in 2024?
The fourth quarter is the peak season for the photovoltaic industry, and the company has full orders. The team will strive to reduce costs, increase production operating rates, and strive to ship more products while ensuring the company's cash flow security and maximizing profits.
What is the approximate total inventory in the near future? How long does it take to clear the inventory? Are there many module project orders scheduled from the fourth quarter to the beginning of the year?
The company's inventory remains at a reasonable level, with efficient inventory turnover. The fourth quarter is the peak season for the photovoltaic industry, the company has full orders, and is actively striving for more module orders for next year.
With the introduction of the new photovoltaic policy, has the progress of industrial and commercial photovoltaic installation been accelerated recently?
The "Distributed Photovoltaic Power Generation Development and Construction Management Measures (Draft for Comments)" recently issued by the National Energy Administration is expected to accelerate the progress of industrial and commercial photovoltaic installation through measures such as clarifying management requirements, simplifying procedures, and strengthening policy support, and promote the healthy development of the distributed photovoltaic power generation industry. The company will actively feedback the opinions of enterprises and actively promote industrial and commercial photovoltaic business in accordance with the management measures implemented.
What arrangements and measures does JA Solar have for anti-involution?
In order to implement the spirit of the Central Conference on July 30, 2024, prevent "involution-style" vicious competition, maintain fair competition order in the photovoltaic market and guide the healthy and sustainable development of the industry, the China Photovoltaic Industry Association held a special symposium on preventing "involution-style" vicious competition in the industry in Shanghai on October 14, 2024. The entrepreneurs and representatives had full communication and exchanges on "strengthening industry self-discipline, preventing "involution-style" vicious competition, strengthening the market survival of the fittest mechanism, and unblocking the exit channels for backward and inefficient production capacity" and the healthy and sustainable development of the industry, and reached a consensus. The company appointed representatives to attend the meeting and will actively promote the implementation of the consensus of the meeting.