Affected by policy subsidies, domestic PV product prices fell for the first time in two years, even falling more than 30%. And the transmission of the industrial chain, resulting in components at the beginning of the cold, batteries, silicon and polysilicon also fell. The research report of Guojin Securities (14.06, 0.11, 0.79%) issued an early warning. "This price decline is not a simple short-term fluctuation, but a downward trend of a round of industrial boom cycle. It is the gradual release of large-scale production capacity and demand growth in the previous two years. The decline in supply and demand caused by the dual role of decline. "The price of silicon wafers and batteries should fall to the industry average net profit level, which will last for half a year, and should have experienced a wave of overcapacity caused by overcapacity."   All of this, with Italy's lowering of the subsidy price for solar energy, blew the horn. In contrast, it is the expansion plan of China's PV industry. Falling prices Italy's policy of subsidizing solar energy is affecting the shipments of Chinese PV companies. According to a report released by the market research organization IMS, "the shipment of PV modules is experiencing the first decline in two years." At the same time, domestic PV products have experienced varying degrees of decline, even falling more than 30%. “Because Italy has adjusted its policy of generous subsidies to solar energy, shipments in the first quarter of this year will be lower than expected, and gross profit margin will fall from around 30% last year to around 20%.” On May 11, Yingli Green Energy issued the first The quarterly shipment warning, followed by the stock price fell. Also reducing shipments, there is Trina Solar (NYSE: TSL), which will reduce component shipments from 351MW to 320MW. Trina Solar said that due to the uncertainty of the Italian feed-in tariff policy, the demand for components fell. On May 20, Yingli Green Energy’s first-quarter earnings report showed that revenue in the first quarter was $527.3 million, lower than market expectations of $567.5 million and net profit of $56.2 million. In early May, the Italian PV policy was settled. As the world's second largest solar market, policy changes have caused the industry to worry about over-demanding products, product prices and corporate profits. In addition, the average transaction price of photovoltaic cells even fell below the level of 1 US dollar / watt. The price of upstream polysilicon and silicon wafer products is not equal to the pressure of continuous decline. According to research results published by research institute IMS, in the first quarter of this year, global PV module shipments fell for the first time in two years, and shipments fell by nearly 10% year-on-year, mainly due to the long-term policy of subsidies for electricity tariffs in Italy. Uncertainty. Although Yingli CEO Miao Liansheng still said that the shipments in the past quarter were lower than expected, we are confident that we will achieve the goal of full-year shipments and will do so through continuous optimization of global sales strategies. However, in the case of Xiaoxin, a researcher at China Investment Consulting, the photovoltaic industry is facing the most dangerous moment since the financial crisis. "The price decline is not a temporary phenomenon, but a harbinger of the industry's imminent integration," Xiao said. "The industry's demand is declining and competition is fierce. The future will be the integration period of the photovoltaic industry." In addition, with the shrinking of foreign subsidy policies, China The performance of photovoltaic companies declined. At the same time, the state is also increasing its regulatory measures for photovoltaic companies. It is reported that China's General Administration of Quality Supervision, Inspection and Quarantine is also planning to rectify the photovoltaic industry, and conduct quality inspections on photovoltaic industry products. “It will last for half a year” “This price decline is not a simple short-term fluctuation, but a downward trend of the industrial boom cycle. It is the imbalance between supply and demand caused by the gradual release of large-scale production capacity and the decline in demand growth in the previous two years.” Guojin Securities The research report pointed out that the triggering factor was the expectation of the Italian and German markets. Industry insiders told this newspaper that in addition to the decline in the price of downstream PV modules, upstream polysilicon also has inventory backlog, and polysilicon prices will continue to decline in the future. This means that the profit margins of companies upstream of the industrial chain will be squeezed again. The reporter understands that in addition to the component's cold at the beginning of the year, batteries, silicon wafers and polysilicon have also fallen in price. This makes blind investment, the participants who seek profiteering feel no longer. Some people even think that the experience of the photovoltaic industry this year is not even in the financial crisis. The reduction of government subsidies in the European market will prompt domestic PV companies to drop orders and build capacity. "Although the worst days have passed, the rebound is still too early, and will not stop falling at the same time." Down 32 version on the 31st version The reporter understands that the upstream polysilicon is also in a downward phase. It is expected that the decline in polysilicon may even be nearly 40%, while the price of silicon wafers will still be downward. It is reported that polysilicon has dropped from 78 US dollars per kilogram in early May to the current 64 US dollars. The reason for the decline is that in addition to the upstream companies busy shipping, there is also the need for downstream capacity. Since last year, JA Solar, Tianwei New Energy, Tongwei (7.92, -0.45, -5.38%) have announced expansion, and Artus has also announced full production. In contrast, demand is shrinking. Recently, the European Photovoltaic Industry Association said that in 2010, the new assembly volume of photovoltaic modules increased by 130% compared with the previous year, while in 2011, it increased by only 27%. The industry downturn is quickly reflected in the stock price, and the stock prices of big-name companies such as LDK are even lower. The industry will be pinned on the energy structure thinking caused by the power shortage and the solar energy opportunities created by the Fukushima nuclear crisis in Japan. It is reported that countries around the world have successively adjusted their energy use policies. Japanese Prime Minister Naoto Kan announced that he has learned lessons and adjusted energy policies to focus on developing clean energy such as solar energy. The German Chancellor also said that Germany will shut down all nuclear power plants by 2020. China also announced that it will stop approving new nuclear power projects. The nuclear crisis has led the world's major traditional energy giants to seek to transform into new energy fields such as solar energy. BP and Royal Shell have successively entered the field. On April 28, the French oil company Total acquired 60% of SUNPOWER, one of the largest solar cell companies in the United States, at a high premium of US$1.38 billion. African countries such as South Africa are also looking for solar energy development. The Five Plan also proposed the construction of 100 new energy demonstration cities. Peng Xiaofeng, chairman of LDK, believes that Germany's solar installed capacity has exceeded nuclear power in the first quarter. All forecasting agencies have agreed that the proportion of solar power will account for more than 50% of all power generation in the next 50 years. Dongxing Securities' research report believes that under the crisis situation, the domestic production capacity of GW or above and the front-end industrial chain will be relatively stable, and the inventory encountered will gradually digest in the third and fourth quarters. It is reported that the current gross profit margin of the first echelon companies is still as high as 50%.

Mini Steel Tape Measure

1. Features of tape measure

Gift rulers are used for advertising and promotion. They are divided into Steel tape (steel tape) and leather tape (PVC plastic fiber tape). They are usually cute and compact. Tape measures are also called measuring tools. Eighty-five percent of the world's tape measures are exported from China.

2, the characteristics of the tape measure

(1) The tape measure is too deformed and will not fail

Why didn't it fail? The spring in the tape measure is very long, and its range from completely relaxed to fully tightened is very large. The entire stroke of the tape measure includes it, and there is a margin at both ends, so the tape measure will not fail.

(2) Pull one meter long and pull two meters long, there is no difference in tension

The spring of the tape measure is very thin, and the amount of deformation when it is tightened is also small, so the reaction force is very small, and the force change is not felt when the rule is pulled.

Mini Steel Tape Measure,small metal tape measure,tape measure measurements

Yucheng tengxu Measuring Tool Co., Ltd , https://www.hardwaretoolstape.com

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