[High-tech LED News] The 2011 mid-year report disclosed by Tianlong Optoelectronics showed that its polycrystalline furnace realized revenue of RMB 2008 million in the first half of the year. Recently, Tianlong Optoelectronics announced that it will apply for financing leasing business again. It plans to provide polysilicon ingot furnaces to customers through leasing, establish strategic cooperation with leasing companies as intermediaries, finance leasing for corporate customers, and carry out subsequent equipment asset management. .

It is understood that Tianlong Optoelectronics used the financial leasing method to sell single crystal growth furnaces in 2009. Due to the adjustment of the PV capacity expansion plan in the second half of 2011, the price of polysilicon has dropped from the highest of US$93/kg in March to the current US$52/kg, a drop of over 40%. The sharp drop in polysilicon prices has directly led to a decline in demand for photovoltaic equipment.

Tianlong Optoelectronics said that this year's polysilicon ingot furnace equipment is expected to achieve the goal of 60~70 units. At present, the actual production capacity can reach 150 units, but the final revenue can be confirmed, depending on the actual shipment volume.

The Jinggong Technology Company, which produces the polycrystalline furnace, will have a total order value of nearly 2.7 billion yuan delivered in 2011. Based on the current market price of 2.6 million yuan / Taiwan, the company's corresponding shipments this year are around 1,000 units.

In addition, Beijing Yuntong, which is currently in the process of offering shares, not only has 461 sets of polycrystalline furnaces with a total value of about 1 billion yuan, but also holds 4 million shares of original shares of Beijing Yuntong. The Beijing Yuntong IPO fund-raising project includes a polycrystalline furnace with an annual production capacity of 400 units.

The industry pointed out that Tianlong Optoelectronics is not as good at quality and capacity as its peers. In order to make progress in the polycrystalline furnace business, I am afraid I have to pay a lot of thoughts.

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