Trina Solar
2025.02.27
17:43
Trina Solar: Net profit loss of 3.455 billion yuan in 2024, turning to loss year-on-year
Trina Solar announced that its total operating revenue in 2024 was 80.334 billion yuan, a year-on-year decrease of 29.15%; the net profit attributable to the parent company's owners was a loss of 3.455 billion yuan, compared with 5.531 billion yuan in the same period last year, a year-on-year loss; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses was a loss of 5.199 billion yuan.
10:00
Canadian Solar's Qu Xiaohua: Oppose PV companies using patent protection as a pretext to engage in malicious competition
Qu Xiaohua, founder, chairman and CEO of Canadian Solar, said at the China Solar Storage Original Technology Forum held on February 27 that China's photovoltaic industry has entered the "dark forest" era, and patents have become a weapon for internal circulation. Qu Xiaohua introduced that in the past 24 years, Canadian Solar has accumulated more than 4,000 authorized patents. "We encounter several patent lawsuits initiated by foreign companies every year, and we have never lost a lawsuit." "We oppose photovoltaic companies to engage in malicious competition in the name of patent protection. Canadian Solar hereby promises that it will not, and will not, use litigation as the first means to resolve patent disputes." Qu Xiaohua emphasized. Previously, Trina Solar sued Canadian Solar for patent infringement and claimed more than 1 billion yuan. Canadian Solar has fought back head-on.
2025.02.26
14:02
The A-share photovoltaic concept sector fluctuated upward in the afternoon. Longi Green Energy, CHINT Solar, Trina Solar, and JinkoSolar rose by more than 5%, followed by Aero Energy, Foster, JA Solar, Del Laser, and Aixun Technology.
13:46
Component prices are rising across the board? Response from leading PV companies
Recently, media reported that many domestic first-tier photovoltaic component companies collectively raised component prices. According to feedback from channel sources, major mainstream component brands have adjusted prices to varying degrees this week, among which Longi Green Energy's component price per watt has increased by 5 cents, JinkoSolar and Trina Solar's component products have increased by 3 cents, and Chint's component price has increased by 2 cents. In response, the reporter called Longi Green Energy and Tongwei Co., Ltd. as an investor. Longi Green Energy's relevant staff said that there have been some small increases recently, but it is necessary to further observe whether the overall supply and demand changes can form a trend. In addition, the staff member believes that it is only a short-term change at present, and it is impossible to determine the trend. There are also many factors that lead to the increase in component prices, and it is difficult to accurately evaluate the reasons for the increase. Tongwei Co., Ltd.'s relevant staff said that they are currently understanding it, and it is expected that a third-party market agency will release news information today, which can be paid attention to.
11:02
The State Administration for Market Regulation held a symposium on fair competition among enterprises
On February 25, the State Administration for Market Regulation held a symposium on fair competition for some enterprises. Meng Yang, member of the Party Leadership Group and Deputy Director of the Administration, presided over the meeting. He had in-depth exchanges with relevant persons in charge of seven companies, including Trina Solar, JA Solar, LONGi Green Energy, Alibaba Group, JD.com, BAIC Group, and Mercedes-Benz Group, on rectifying "involutionary" competition and listened to their opinions and suggestions.
09:37
The A-share photovoltaic equipment sector rose in early trading, with Tongling shares rising more than 8%, Foster rising more than 7%, JinkoSolar, CHINT Solar, Trina Solar, Hiyou New Materials and many other stocks rising more than 5%.
2025.02.25
17:57
The president of Tianhe Fujia was revealed to have resigned
Trina Solar's distributed business, Trina Fujia, has fallen into a turbulent adjustment period after the termination of its IPO. According to multiple sources, Trina Fujia's president Zhang Bing has resigned. An unnamed source pointed out that Trina Fujia has recently made a series of adjustments, probably because of the termination of the spin-off listing. Fujia's management has some ideas, but they are still in the process of negotiation and negotiation.
15:27
Module prices are rising across the board? Responses from first-tier PV companies such as LONGi, JA Solar, and Trina Solar
Recently, there have been market rumors that many domestic first-tier photovoltaic module companies have collectively raised module prices. The rumored price increase is about a few cents per watt, which was once interpreted by the industry as a positive bottom reversal signal. On February 25, a person close to the marketing department of Longi Green Energy told reporters that due to the impact of the power reform policy, the company's distributed ex-factory price rose by 0.03 yuan/watt to 0.05 yuan/watt last week, and the centralized price has not changed for the time being, but the price increase is expected to be unsustainable. Trina Solar also confirmed the rumor of price increase to reporters. "It has indeed increased a bit." The relevant person in charge of the company told reporters that the price of modules sold to customers through channels has increased by 0.02 yuan/watt to 0.03 yuan/watt. At present, the domestic market and the European market have confirmed the price increase, and the situation in the US market is not clear yet. "The price of photovoltaic modules is going to increase." The relevant person in charge of JA Solar told reporters today that market demand has warmed up after the Spring Festival, and the company's subsequent orders are very good. "The price increase of photovoltaic components is not only supported by market demand, but also because the upstream raw materials are still in a loss-making state, and there is pressure for commission price increase, which requires the transmission of component price increase (cost pressure)."
2025.02.20
10:35
Photovoltaic concept stocks fluctuated downward in early trading, with King Kong Photovoltaic falling more than 4%
Photovoltaic concept stocks fluctuated downward in the morning session, with King Kong Photovoltaic falling more than 4%, followed by Aixun Technology, Trina Solar, JA Solar Technology, and Sineng Electric.
2025.02.11
17:05
Canadian Solar: Sued for 1.058 billion yuan in patent dispute
Canadian Solar announced that Canadian Solar Power Group Co., Ltd. and its wholly-owned subsidiary Changshu Canadian Solar Power Technology Co., Ltd. were sued by Trina Solar Co., Ltd. for patent disputes, involving a total amount of 1.058 billion yuan. The court has accepted the case but has not yet opened a trial. Trina Solar requested that Canadian Solar and its subsidiaries be ordered to stop infringing and compensate for economic losses. Canadian Solar said that it has fully studied and analyzed the patents involved, and believes that there is strong evidence to prove that the patents are invalid, and said that it will actively respond to the lawsuit and safeguard its legitimate rights and interests. It is currently impossible to determine the specific impact of the lawsuit on the company's profits, and the final result will be subject to the court's decision.
14:23
Trina Solar responds to lawsuit against Canadian Solar: 1 billion yuan in claims is normal rights protection, and the legal department is calculating the amount of infringement
Trina Solar sued Canadian Solar for infringing on the company's two photovoltaic cell invention patents, demanding the latter to pay a total of 1.058 billion yuan in compensation. On February 11, the reporter called Trina Solar as an investor, and the relevant person responded that the company's lawsuit was a normal rights protection, and Canadian Solar's infringement mainly occurred in the TOPCon battery link. The person also said: "Whether it is an infringement can be judged by photovoltaic cell manufacturing technology. As for the profit amount realized by Canadian Solar's infringing patents, the legal department is calculating it."
14:19
Trina Solar responds to lawsuit against Canadian Solar: 1 billion yuan in claims is normal rights protection, and the Ministry of Justice is calculating the amount of infringement
Trina Solar sued Canadian Solar for infringing on the company's two photovoltaic cell invention patents, demanding the latter to pay a total of 1.058 billion yuan in compensation. On February 11, the reporter called Trina Solar as an investor, and the relevant person responded that the company's lawsuit was a normal rights protection, and Canadian Solar's infringement mainly occurred in the TOPCon battery link. The person also said: "Whether it is an infringement can be judged by photovoltaic cell manufacturing technology. As for the profit amount realized by Canadian Solar's infringing patents, the legal department is calculating it."
11:32
A-share midday review: Shanghai Composite Index slightly adjusted and fell 0.16% in half a day, gold and AI concept stocks led the gains
The three major A-share indices fell collectively in the morning trading. As of midday, the Shanghai Composite Index fell 0.16%, the Shenzhen Component Index fell 0.44%, the ChiNext Index fell 0.91%, and the Beijing Stock Exchange 50 Index rose 4.14%. The market's half-day turnover was 1,060.3 billion yuan, down 68.3 billion yuan from the previous day. More than 3,500 stocks fell in the market. In terms of sector themes, copper cable high-speed connection, education, precious metals, DeepSeek, and consumer electronics sectors led the gains; photovoltaic, real estate, airport shipping, liquor, and securities sectors led the declines. On the market, copper cable high-speed connection concept stocks performed actively in the morning trading, Hangjin Technology rose for 6 consecutive days, Kingsignal rose more than 10%, Taichen Optoelectronics, Broadcom Technology and other stocks rose at the top; DeepSeek concept stocks continued to be strong, Meige Intelligent rose for 7 consecutive days, DreamNet Technology, Qingyun Technology, Hangzhou Iron and Steel Co., Ltd., Tuowei Information rose for 5 consecutive days, and Daily Interactive rose for 5 days in 6 days. Affected by the surge in international gold prices, gold stocks performed well in the morning trading, with Laisen Tongling hitting the daily limit, Xiaocheng Technology rising by more than 10%, and China Gold, Mankalong and many other stocks rising. Photovoltaic concept stocks continued to adjust, with Junda Technology, Aixu Technology, Canadian Solar, JA Solar, and Trina Solar all falling to varying degrees.
2025.02.10
18:24
Trina Solar: Sues Canadian Solar for Infringement and Claims RMB 1.058 billion
Trina Solar announced that it requested the court to order defendant one, Canadian Solar Inc., and defendant two, Changshu Canadian Solar Technology Co., Ltd., to jointly compensate the plaintiff for losses of RMB 607 million and RMB 451 million (a total of RMB 1.058 billion) caused by their infringement of the company's two invention patents, and to bear the reasonable expenses for defending rights and litigation costs involved in the case.
2025.01.24
19:34
Trina Solar: Net profit loss expected to be 3.8 billion to 3.2 billion yuan in 2024
Trina Solar announced that it expects to achieve a net profit attributable to the parent company's owners of -3.8 billion yuan to -3.2 billion yuan in 2024, turning from profit to loss year-on-year. It is expected that the net profit attributable to the parent company's owners after deducting non-recurring gains and losses in 2024 will be -5.6 billion yuan to -5 billion yuan.
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