Yu Huaguang the volt fear into 12 Mengsui IPO PV companies

January 24, 2013, Henan Yuhua Guang volt New Materials Co., Ltd. (hereinafter referred "Yuhua Guang volts") would have passed a year and two months, but according to the GEM SFC has recently announced issued regulatory Radical IPO reporting companies basic information table information display, Yu Huaguang volts is still in the "trial will be" state.

Photovoltaic industry, experienced industry winter since 2012, has been Henderson PV, Huang Ming Solar, brilliant solar-terrestrial solar, fast photovoltaic Oubei Li, Haiyang, Tianneng, on machine CNC, thinking up PV, 11, Yingjie electrical the solar industry enterprise Mengsui IPO on the way.

From the situation recently announced the industry's business performance forecast net profit fell into the general state of the industry. In this regard, an investment bank to the 21st century, the photovoltaic industry is a sensitive period, type of industry enterprises IPO "missed a good time.", In accordance with the present situation of view, the withdrawal of the material is a large probability event.

Since 2011, subject to the impact of subsidies for mppt charge controller photovoltaic power generation policy adjustments of other countries, as well as factors such as the macroeconomic situation, the whole industry chain of the photovoltaic industry has suffered some impact. Continuous explosive growth years of photovoltaic industry enterprises in 2012 suffered a general decline in performance. 

Although Yu Huaguang volt not publicly detailed results of the year 2012, mainly engaged in R & D, production and sales of super white rolled glass used in crystalline silicon solar cell modules, but as one of the main products of the company for solar inverter encapsulation with the original glass and tempered glass for the company, its industry related companies recently released results notice situation, still feeling the industry's chill.

Looking back on the third quarter of 2012, the photovoltaic industry-wide sales revenue of 24.892 billion yuan, a year-on-year decline of 18.55%; consolidated gross profit margin of 15.43% year-on-year decline of 7.17%. Battery components are the hardest hit, the basic link in the first three quarters of silicon - battery - components across the board losses, overall revenues of 16.25 billion yuan, a year-on-year decline of 34.87%, a net profit of $ -11.96 million, consolidated gross profit margin of 12.37%, year-on-year decline of 5.72 percentage points.

From the recently released 2012 results notice things stand, the love-Tek, Dragon Optical, Xindaxin materials, aerospace electromechanical, optoelectronic shares escape the loss of a Caucasian. Meanwhile, the shares, Central, Star Technology, Almaden, Takamoto shares Jingyuntong through five 2012 results are expected to fall more than half.

Just released results on January 15, 2013 notice of amendment announcement refinement technology, for example, in its 2012 annual revised loss will amount to a staggering 130 million to 180 million yuan. If the time back, the refinement of science and technology in 2011 net profit was 4.01 billion yuan, just one year's time, the decline in performance at least 132.41%. In 2010, the figure was 91,181,300 yuan.

Look at the the Chaori sun Ultra-day sun before published in the 2012 full year performance forecast bulletin-cum-stock transaction will be faced with the announcement of the delisting risk warning processing, announced that it expects 2012 annual attributable to shareholders of listed companies net profit of 900 million loss - 11 billion yuan, 1542.67% -1907.71% decline over the previous year.

Performance forecast situation now published the photovoltaic industry enterprises downturn has been reflected in the performance of the industries and enterprises table is quite obvious. When most businesses are caught in the decline in performance and even the loss of the quagmire, Yu Huaguang volts could be thriving in the winter in the industry, it is doubtful.

January 8, 2013, the China Securities Regulatory Commission was held in Beijing "initial public offering (IPO) trial enterprise 2012 annual financial report special inspection work conference" to make the mobilization and deployment of special inspection work, which also referred to in "self-examination of the GEM companies, if the GEM starting year 2012 operating results declined, does not comply with the conditions of issue, the issuer and the sponsor should withdraw the issue of the listing application as soon as possible."

Stringent verification of orders issued, has always maintained that the need to propose more stringent requirements of the GEM companies with a high growth.The entire PV industry boom is still worrying.