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2025-08-01 10:54:09
JEC (300724.SZ), a leading Chinese photovoltaic equipment company, hit its daily limit in early trading on Friday. The company's latest earnings forecast projects first-half net profit of RMB 1.7 billion to 1.96 billion, a significant year-on-year increase of 38.65% to 59.85%. This impressive performance is primarily due to the continued delivery and conversion of the company's backlog of orders, which has significantly increased operating revenue. As a leading domestic supplier of crystalline silicon solar cell equipment, JEC's stock price has risen 4.7% year-to-date. Today's daily limit-up performance highlights the market's positive response to its earnings growth. Industry insiders point out that with the continued expansion of the global photovoltaic industry, equipment manufacturers have high order visibility, and the company, as a leading player in the sector, is expected to continue to benefit. Following the announcement of the earnings forecast, several brokerages immediately raised the company's target price. Analysts generally believe that amid the accelerating global energy transition, demand for photovoltaic equipment will remain strong. JEC, with its technological advantages and market share, is expected to maintain high growth throughout the year. Market attention is turning to the company's upcoming semi-annual report details and new orders.
