Status of photovoltaic industry in Henan: 7 companies in 26 companies have stopped production

On August 6 this year, the "price commitment" agreement reached between China and the EU on the trade dispute over China's PV products exported to Europe came into effect. According to a recent survey conducted by the Henan Survey Team of the National Bureau of Statistics, half of the companies are currently losing money, and more than half of the companies are not optimistic about the market outlook.

Data: 26 companies surveyed, 7 have been discontinued

In order to grasp the impact of the “price commitment” agreement between China and Europe on PV companies, the Henan Survey Team of the National Bureau of Statistics selected 26 PV companies in 12 cities including Zhengzhou, Kaifeng, Luoyang and Pingdingshan for research. The survey team issued a total of 26 questionnaires, and only 18 valid questionnaires were actually recovered, as some enterprises have stopped production or changed production. Among them, 7 companies have stopped production, and one company has switched to other businesses.

Status: More than half of companies lose money

The survey shows that the current PV product sales price is low, the profit margin is small, and more than half of the companies have losses.

Among the 18 companies surveyed, 10 companies lost money in August, with a loss of 55.6%, but compared with July, the loss side was reduced by 5.5 percentage points. However, there are also six companies that make a profit, accounting for 33.3%, and one of them is turning a profit.

For the prospects of the photovoltaic industry, 8 out of 18 companies are optimistic about the market outlook, accounting for only 44.4%; 27.8% of companies believe that the market outlook is general; another 27.8% of enterprises are not optimistic about the market outlook.

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