Wind Shares: In the structure of Jingying Optoelectronics, polysilicon silicon accounts for more than 50%

On July 28, 2022, the A -share company (601700.SH) issued an announcement of abnormal fluctuations in stock transactions.

The price increase of the company's shares within three consecutive trading days has reached more than 20%, and it belongs to the abnormal fluctuation of stock transactions stipulated in the "Shanghai Stock Exchange Trading Rules". After inspection by the company and sending a letter to the controlling shareholder and actual controller, there is no major information that should be disclosed but not disclosed.

At present, among Suzhou Jingying Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Crystal Sakura Optoelectronics"), polysilicon silicon accounts for more than 50%. The market for related products may be gradually compressed and even eliminated. If this trend continues further, the operation of Jingying Optoelectronics will face greater challenges.

The company's acquisition of 100%equity of Jingying Optoelectronics can obtain relevant approval or approval, and when to obtain relevant approval or approval, all have certain uncertainty. Therefore, there is a certain risk of whether this transaction can be successfully implemented in the end.

The price of raw materials in the photovoltaic industry fluctuates greatly, the blowout development of the industry has led to intensified competition, and the price of products in the photovoltaic industry has declined sharply, which may face the risk of staged or structural capacity of competitive production. Or the prices of Jingying Optoelectronics have a great adverse effect, and its income scale, gross profit, gross profit margin and other operating indicators will also be adversely affected, or increase the amount of inventory price preparation. Short -term operating performance has fallen sharply or even losses.

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