Hengdian Dongci: It is expected that the profitability of components will still be supported in the second half of the year.
Hengdian Dongci, in a conference call on August 21st regarding its semi-annual performance report, stated that in response to the rebound in silicon material prices, the company has made advanced preparations by establishing strategic inventory to reduce the impact of inconsistencies in upstream price increases and downstream price transmission. The profitability of components in the second half of the year is expected to continue to be supported. The company has maintained a strong stance on downstream prices in the past few years, especially in strict control over the risks of medium to long-term order prices, which is also related to the company's moderate size.
Latest
7 m ago