Bosideng Announces Officially Entering The Field Of Solar Photovoltaic

domestic Down Jackets Leading enterprises in the industry Bosideng Declare a formal March Solar photovoltaic Field. It is reported that Bosideng Holdings Limited will jointly invest 6 billion yuan with Jiangsu KangBo Technology Co., Ltd. to build a high-purity silicon production line with an annual output of 6000 tons in Yangzhou. The first phase of the project will invest 3 billion yuan, and it will produce 3000 tons of high purity silicon per year after commissioning.

The 2010-2015 year China polysilicon industry investment analysis and prospect forecast report released by CIC pointed out that Bosideng's main clothing business has nothing to do with the solar photovoltaic industry. The company will extend its antennae to the polysilicon field, which is a typical new business. With the vigorous development of the solar photovoltaic industry, large enterprises outside many industries have begun to focus on this field to find new economic growth points. In recent years, leading enterprises in other industries such as CHINT group, Sun Fu group and giant power group have entered the solar photovoltaic industry. A common feature of these enterprises is that they already have a better business model outside the photovoltaic industry, and the funds are very abundant.

Li Shengmao, senior researcher of CIC consultant, pointed out that Bosideng chose to enter the polysilicon field at present, and the timing was very good. The market demand of high purity silicon is quite vigorous, and there will not be any unsalable phenomenon for a long time. Although many domestic enterprises are expanding the production capacity of polysilicon, there is a lot of talk about the excess capacity of polysilicon production in the next two years, but this surplus is more of a structural surplus. Bosideng production is high purity silicon, which belongs to high quality silicon products, and the demand of downstream photovoltaic enterprises has always been greater.

On the other hand, the construction process of Bosideng high purity silicon production line is more consistent with the prosperity of the world photovoltaic industry. As Europe's main countries have lowered the subsidy of PV tariff from 2010, and will continue this policy in 2011, the European PV market will shrink sharply in 2011, while the growth rate of other emerging PV markets is relatively limited, so 2011 will be a small year for the PV industry in the world, but the global PV industry will also achieve regular growth in the late 2012. It will take roughly 1.5 years for the polysilicon production line to be built from start to reach. Obviously, Bosideng has just passed the time when the photovoltaic industry is in recession.

Li Shengmao believes that Bosideng chooses to take part in the PV industry from the upstream polysilicon production sector of the solar photovoltaic industry chain, which is also a wise move. On the one hand, polysilicon industry is a typical capital intensive industry with relatively high capital threshold, and there is no competition in the field of silicon chips and photovoltaic modules. On the other hand, it is very easy for enterprises to expand from polysilicon field from top to bottom to silicon, photovoltaic cell components and system integration. After the success of the polysilicon industry, Bosideng wants to get through the entire PV industry chain.

Zhang Yanlin, research director of CIC, pointed out that Bosideng should also take precautions against new risks in entering the new solar photovoltaic industry. First of all, whether the business model and management experience originally applied to the clothing industry can be completely transplanted to the photovoltaic industry, and also has greater uncertainty, so the company should adapt to the photovoltaic industry as soon as possible. Secondly, the polysilicon industry is a technology intensive industry, and the production lines of polysilicon Enterprises in the country are mostly a turnkey project, which is very similar. In this case, Bosteng can only build up its own technical team as soon as possible and master the relevant core technologies, so as to highlight the competitiveness of the company.