129823520692656250_348Several PV enterprises folding JI IPO industrial restructuring is urgent
90% external dependence of photovoltaic companies from nearly can't abstain from, too dependent on international consumer markets, such a "curse" always hanging is still unable to break, and having to face up the situation of falling in recent years, with the rise of new concept of energy, photovoltaic industry has much around the capital market and the Government's favour, China has so far emerged out of the more than more than 100 industrial base, production capacityGlobal half.
According to the renewable energy development "Twelve-Five" planning shows that by 2015 will reach 15 Giga-watt solar power, when the annual energy output 20 billion-kilowatt. So, a large number of photovoltaic companies started preparing IPO, hoping to policies of good wind financing expansion. However, according to the latest Commission disclosure Board intends to IPO list display,As of May 23
Rift Platinum, Yuhua PV photovoltaic companies rush closed successfully, only, but Suzhou can be photovoltaic, solar energy, new energy technologies, Ou Beili were terminated, such as reviews and not to the list.
Which are intended to be listed by the eye of the needle, medium to PV and PV enterprises such as dredging Xin technology, implement the feedback. PV why IPO under the guidance of policies encouragingInto the gate of the capital market? "Two out" there is no guarantee that corporate earnings currently, PV industry "two out" pattern is still not changed.
From external dependence for 90% can't abstain from, too dependent on international consumer markets, such a "curse" always hanging is still unable to break, and having to face up the situation of falling. According to April 20129th Zhejiang first PV publication of prospectus, for specific raw material suppliers are highly dependent on the company, EVA resin top five vendor's purchase of proportion of total purchases amount up to 82.1%, and 73.74% respectively, step by step purchase price at a high level. Another year of specializing in products such as solar cells solar IPO last yearOn November 28 were not, precisely because the Committee believes that era solar products mainly export subsidies decline, combined with the effects of the debt crisis in Europe, a significant adverse impact on the continuing profitability of the company. Based on the feedback of the SFC file, from 2008 to 2010 and January 2011 for export revenues of the company specializing in revenue ratiosInto, 92.22%, and 99.37%, which exports to the EU countries accounted for separately, 78.1%, and 75.94%.
Consumption abroad of the deterioration of the environment makes domestic photovoltaic business profitability, greater risks of IPO by the master. 2011Years of European debt crisis is a heavy crackdown on China's 80% exports of photovoltaic market in Europe, in particular photovoltaic products in China in the total installed capacity of 70% per cent in Germany. On May 17, 2012, United States Department of Commerce on March 19 I photovoltaic industry "anti-subsidy" after the Conference at the beginning, and "anti-dumping" ruling of the first instance, litigation in the State-owned enterprisesDetermination of dumping rate of 31.14% per cent, was not responsive Enterprise determine dumping rate of 249.46%. Thus, external dependence too high partly contributed to the PV industry is in the doldrums. Business cash flow problems that occur naturally in a hurry to seek assistance of the capital market. Worry PV or a second room and enterprise, financing wasTo regulators "special treatment" are reasonable. IPO PV industry need to change from the perspective of macro-policy level, this year's "two sessions," period, by deputies about the new energy industry. In the drafting of the Government work report, on the development of new energy the tone is "strengthening overall planning, suppression of blind expansion of industries such as solar energy, wind power development." WhileConsidered to ensure the confidence and expectations of new energy industry, the Government work report was revised to "prevent blind expansion of solar energy
wow power leveling, wind power equipment manufacturing capabilities". This easy planning policy has also been relying on local governments in recent years PV photovoltaic enterprises misinterpretation of large subsidies, in the case of market demand, chaotic competition within the PV industry to get sporadicScale, constantly expanding production, industry overcapacity, high inventory
SWTOR Credits, stagnation is not the former. In 2011, the PV capacity increased 1 time, but the actual demand for just 25%.
In other words, far Miss growth capacity growth in the demand for PV modules. On December 24, 2011, published by the national development and Reform Commission and the Ministry of Commerce of the foreignCatalogue for the guidance of the investment industry pointed out that solar-powered double whammy, the international economic environment and international trade policies accumulated evils of China PV industry collective outbreaks, the industry as a whole into unprecedented difficulties. , SI and so removed from the catalogue of encouraged foreign investment industries, but at the same time the film sets of batteries, solar light, 200 mm silicon and polishingProduction, solar air conditioner, solar cell, solar power plant, Solar dryer as encouraged foreign investment industries. We can see that the national long-term planning of industry also affect the IPO of regulators audit the ruler. Government has embarked on a new energy industry restructuring its production capacity, changing their mode of development, through the control of PV enterprises listing and financing implementation "of industrial structure adjustment"Guide to raise funds flow to glass, photovoltaic inverters and photovoltaic PV industry chain downstream. Survey of domestic solar PV status, despite the positive policy environment, but continued overheating of investment in industry, PV market growth slows, along with United States "double reverse" adverse external factors such as impact, not PV companies recently due to rising raw material abroad, stock due toLack of working capital and choose to raise the best time. "PV enterprises only by industrial restructuring, at the same time open up the domestic market may have the opportunity to restart the IPO. "People in the industry, told reporters.
Others:
No comments:
Post a Comment