Wuxi Suntech Solar Power Co., Ltd. Japan Market

Introduction Wuxi Suntech Solar Power Co., Ltd. Japan Market is based on the new version of the NPD Solarbuzz Asia Pacific Major Solar Market Quarterly Report Asia Pacific

Wuxi Suntech Solar Power Co., Ltd. Japan Market

According to the new version of NPD Solarbuzz Asia Pacific Major PV Markets Quarterly, the new subsidy policy from the second half of 2012 will encourage the Japanese PV market to maintain strong growth in 2012, and the non-Japanese PV market . companies will gain a higher market share.

Suntech Power entered the residential photovoltaic market in Japan for the first time. More than 40 component manufacturers from Germany, Italy, South Korea, Taiwan, China, Singapore and the United States have entered the Japanese market. In 2011, almost 20% of Japanese market demand was for imported components at competitive prices.

In order to enter the Japanese market, Suntech Power initially acquired MSK, a Japanese component manufacturer. Other Chinese listed companies in the crystalline silicon field have also followed the trend. Among them, Canadian Solar and Trina Solar have established sales subsidiaries in Japan, Yingli Solar and Sunpower have also signed cooperation agreements with local dealers or system integrators in Japan. the partner's brand awareness or knowledge of the local market to grow in the market.

Although Sunpower has signed an exclusive cooperation agreement with Toshiba to use the other party's distribution channels to enter the residential photovoltaic market, it also plans to seek partners to enter the emerging photovoltaic market. non-residential photovoltaic.

Since the Japanese PV market was once primarily made up of residential projects, the downstream channels included hundreds of local electrical installers, who sold and installed complete sets of PV systems supplied by local manufacturers of photovoltaic components. The new subsidy policyon photovoltaic networks which started in July focuses on promoting the development of the non-residential project market, bringing new opportunities and challenges to system integrators and project developers with design/build/financing capabilities of large-scale power plants.

Urgent, does anyone know the market price and stock code number of Wuxi Suntech Solar Energy?

No intermediary fees is required.

The current salary of operator 1 is: Base salary: 1100! + Balance: (0-600) + Subsidy for the night shift = more than 2,000!

Trial period: 2 months

Work 20 days per month! After working 12 hours a day and paying 6 gold coins, the salary is more than 2,000!

Working hours: (9:00 a.m. to 9:00 p.m., and night shift: 9:00 p.m. to 9:00 a.m.!)

Operators can be upgraded! Depending on your persformances, you will move from operator one to operator three.

Operator one has a base salary of 1,100, operator two over 1,200, and operator three d 'around 1,400

But the operators are tired! If you are able, you can be a process leader/foreman (you don't need to work and you are comfortable)

The development history of Wuxi Suntech Solar Power Co ., Ltd.

1. Suntech Solar (stock code:STP) Wuxi Suntech Solar Power Holdings Co., Ltd. issued an initial public offering of 26.38 million American depositary receipts at a price of 1.5 USD. Suntech's American depositary receipts began trading on the New York Stock Exchange on December 26, 2005, under the symbol STP.

2. The New York Stock Exchange announced that Suntech Power had “entered the delisting process” and “will make a decision to suspend trading” before the U.S. stock market opens on Monday. temp.s. Affected by this news, Suntech Power plunged again by almost 40% at the start of trading last Friday, after falling 30% in a single trading day last Thursday. As of the last trading day of last week, Suntech Power closed at US$0.53 per share. Reuters previously analyzed that Suntech Power would result in the result of “delisting”. The deregistration of Suntech Power is regrettable. A few years ago, when the local government heavily promoted Suntech and Shi Zhengrong, no one might have thought that Suntech would meet such an end. However, some analysts believe that the delisting of Suntech Power will not affect the recovery of China's photovoltaic industry - Southwest Securities released a research report on the solar photovoltaic industry on November 6, saying: "As the photovoltaic industry is gradually emerging from the haze since the last During the second half of the year, the rBusiness income gradually recovered, profitability gradually improved, and the turning point of the industry was initially confirmed. “This is not the first time that Suntech Power has faced delisting. As early as September last year, the New York Stock Exchange issued a delisting warning because Suntech Power's stock price had remained below US$1 per share for 30 consecutive trading days. However, the company later took various self-rescue measures to bring the stock price back. return above US$1 per share, thus avoiding a forced delisting.

3. Therefore, it is reported that Michael Nakson said: "Suntech will focus on developing installation services for photovoltaic products and may outsource production, although Suntech has not been able to do so in terms of cash and asset flows. and responsibilities, However,The company believes that it is still possible to complete the restructuring and restore the solvency of Suntech and its subsidiaries.

Subsequently, the New York Stock Exchange declared on November 8 that Suntech and its subsidiaries. are currently undergoing restructuring. Additionally, Suntech is still organizing the resubmission of its 2010 and 2011 annual financial reports, and it is uncertain whether the company will be able to submit its annual report for the 2012 fiscal year on time. of New York is concerned that the above-mentioned restructuring process will have an impact on the company's American depositary shares. Therefore, the delisting decision has been made. Suntech Power's situation can only be an "individual case".

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Suntech products are very popular around the world and are widely used in the communications, radio and of the teetelevision, transportation, petroleum, lighting and other sectors. Suntech has actively participated and undertaken the World Bank Project, Western Bright Project and. the Beijing 2008 Green Olympic Project (solar energy supplier for the Bird's Nest project, the main stadium of the Olympic Games). Its excellent productivity and product quality have been well received by domestic and foreign markets. the localization of the photovoltaic industrial chain and the large-scale development of photovoltaics in China, it also strives to accelerate the pace of research on the large-scale industrialization of second-generation polycrystalline silicon thin-film solar cells and maintain its position as a technological leader in the industry. in the photovoltaic industry.

Wuxi Suntech Solar Power Co., Ltd. completed the installation of its first silicon solar cell production linepolycrystalline in September 2002, receiving a grant from the Wuxi municipal government a year before its establishment. .6 million dollarsYuan, the initial production scale was very limited, only 10MW. Since its establishment, Wuxi Suntech Solar Power Co., Ltd. has experienced rapid development and become the fourth largest solar cell manufacturer in the world. Its production volume reached 270 MW in 2006 and is expected to reach 470 MW in 2007.

The company's main competitors are the Japanese Sharp and Kyocera, as well as the German Q-cells. Suntech Power is targeting 2010 and plans to reach a production volume of 1,000 units, at which point it will become one of the world's three largest solar power manufacturers.

The company was listed on the New York Stock Exchange on December 14, 2005, with an issue price of US$15 per share. Market value: 197 million (USD)

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