Silver Star Energy throw 1.5 billion yuan to overweight PV industry

After nearly 4 months, Silver Star Energy (000862, closing price of 14.72 yuan) to the great efforts to develop photovoltaic equipment manufacturing industry, to foster economic growth point of determination to finally reflect!　　The company announced today (September 15) that it will invest 1.53 billion yuan in 6 major projects, of which more than 70% funds are invested in photovoltaic equipment projects. The announcement shows that Silver Star Energy is intended to invest 1.53 billion yuan in the construction of 200mwp/year solar cells, the expansion of 500mwp/photovoltaic modules, the expansion of the 500mwp/solar tracker, expansion of 500 sets/year tower manufacturing, technology construction 300 units/year Mwt100/　　2.5MW Wind turbine manufacturing and the transformation of the company Yinchuan Division office area, such as 6 major projects. The daily economic news reporter found that of the 6 major projects, 3 projects are related to PV equipment, and the amount of investment is large. Data show that Silver Star Energy to invest in the construction of 200MWp solar (crystalline silicon) batteries, the total project investment amounted to 596 million yuan, the project is divided into two phases, the first phase of 50MWp solar cells, planned to start this year. The project completed completion of the postpartum, is expected to achieve a profit of 157 million yuan per year, investment profit margin of 15.9%. In addition, Silver Star Energy will be invested in 405 million yuan and 143 million yuan for the expansion of 500mwp/year PV modules and 500mwp/Solar tracker, the two projects built up to the postpartum, each year will bring the company 149 million Yuan and 90.35 million yuan of profit.　　Among them, 500mwp/annual Solar tracker project investment margin of up to 36.1%.　　From the proportion of investment, PV equipment 3 projects will cost 1.144 billion yuan, accounting for 74.77% of the total investment in Silver Star Energy, so generous investment, also just confirms the Silver Star Energy general manager Zhingjie said before will vigorously develop photovoltaic power generation equipment manufacturing industry, cultivate new economic growth point of view! Some insiders believe that the first half of this year, Silver Star energy photovoltaic equipment manufacturing this piece of the performance is not good, profit loss, which with the company in the business started soon have a certain relationship.　　The company to increase the capital flow of this business, in the long run, will have a positive effect on performance. Silver Star Energy also said that after the completion of the project, the company's wind power equipment manufacturing industry, solar photovoltaic manufacturing industry will be further expanded, the industrial layout will be further optimized to enhance the company's wind power equipment manufacturing industry, solar photovoltaic manufacturing industry profitability,　　will help to further enhance the company's continued profitability. It is noteworthy that because of the large scale of investment in the 6 major projects, after the full start-up of the project will increase the financing pressure, in the short term will cause greater pressure on the capital chain, Silver Star Energy may not be able to raise sufficient funds in time to build, resulting in the project can not be implemented or deferred implementation, resulting in the failure to complete the projects of the technical and economic indicators.