Billion in the interim net profit greatly reduced by 68%

Eging the evening of August 17th 2015 semi annual disclosure of the reporting period, the company achieved operating income of 1 billion 420 million yuan, representing a growth of 11.91%; attributable to shareholders of listed companies net profit of 33 million 267 thousand and 900 yuan, representing a decrease of 67.80%, the main reason is the component sales market adjustment the year sales decline in gross profit during the reporting period, foreign exchange losses and research and development and other related costs during the increase.

The company said that around the beginning of the development of business plans, the company actively layout of photovoltaic power plants. 100MW Fishing Light integrated photovoltaic power generation project is progressing well, in addition to the company in July 2015 and Xinjiang Qitai County People's government signed a strategic cooperation framework agreement, plans to invest in the construction of 200MW photovoltaic power plant in Xinjiang.

The company said that during the reporting period, the company annual output of 750 thousand mm, sapphire crystal rod project construction is progressing well, as of the first half of 2015 the project invested a total of 140 million yuan in the first half of the year. Improve and optimize the 100 kg crystal growth thermal field system, crystal growth process is stable, the success rate of the growth of 100 kilograms of crystal, crystal ingot length and length of energy consumption and other indicators reached the international advanced level. At the same time, the company plans to invest a total of about 2 billion 500 million yuan in Xinjiang, the total size of the construction of sapphire crystal furnace for the production of sapphire project of one thousand units, the project will help enhance the company's comprehensive development strength.

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