Xinzi Ups with large NASDAQ IPO – Although there is a striking risk for Chinese companies

Despite the net loss of Net loss and revenue that fall last year, a thin solar packaging company has increased double the NASDAQ stock sales

Key Takeasways:

• The year received the Chinese industry income declined
• Company is a bank in strong need, referring to the sale of goods with the film Light of Light Energy products during 2019 and 2029

Hangzhou Xinzi Optoelectronics Technology Technology Joint Tea Ltd. (XZ.US) New decision to help its IPO NASDAQ may raise something, especially the US cash and growth of US investors.

Instead of joining the previous Chinese companies, recent solar candidates, film enveloped Now, Xinzi Obeyed In the past week it is raising 150%, from the original 1.5 million to $ 116 million.

Xinzi is a niche players in the market for thin products, products used to collect data protection in standard sun. The film can also be attached in windows and other transparent windows to produce electricity, even their powerful brush rates.

Xinzi’s confidence behind its proposal may be from a third-third market research in Jiangsu, including major industry Trina solar (688599.ss).

Xinzi said the company in the area had an annual capacity to produce a weekly energy panel, or 400 million square meters of) square meters. We should indicate that most of the abilities may sit in the same time in the Chinese solar sector, even the visualization periodically.

Xinzi plans to create some movie production lines, expecting an increase in need for its product. It also begins to export its products in 2022, with the focus on Vietnamese marketers are looking for the western taxputs in China.

Successful lists will make Xinzi second week’s Department of Light to go public on NASDAQ this year, follow Sun SkycorpList in March. SkyCorp stocks decreased 35% since its list, which does not do good for Xinzi.

Xinzi’s own business is seemed to be encouraged during the past three years. Its income has been continuously dropped, from 38 million dollars in 2022 to $ 323 and $ 25 million and last year. During that, it fell from $ 1.8 million in 2022 to lost $ 340.00 last year.

Like everyone in its sector today, Xinzi is suffering from the dead price because of the losses now produced in loss. The average sale price for the main product of Xinzi, transparent and white vinyfener elastomer (decreased 26% last year, respectively.

Business stability

In a positive note, the sale of Xinzi fell 23% compared to 2023 to $ 12,, $ 12 million in the first 6 months. Likewise, the company went back to black last year, the $ 360,000 profit reported in the second half after the first half.

Xinzi said it was the 9th transparent manufacturer in 2023. Market leaders The first hangzhou (603806.sh) currently marching markets are $ 36.7.7.7.7.7.7 billion, sold (P / s) 2.07. The percentage of that level will be worth Xinzi at only 50 million dollars prices – relatively lower than $ 112 million and $ 112 million.

China is controlled by 80% of solar energy supply chain, which causes risk protected tariffs by US and others. But the biggest issue facing the industry is now excessive forces to grow their production in the past few years in the forecast of growth. The industry has lost $ 4024 billion in 2024.

The Commission and the reform of China, its highest planning agency, the online meeting of February claim. While that does not happen, Gao requires to clean the merger and production of production.

Despite the pain in the past industry, no doubt that solar energy is the wave of the future. Installed capacity for green energy sources are twice as much of every three years, accounting for Electricity growth in 2024, according to Ememer, power to think of the barrel. It is expected to have 33% of these 3124 to 2024

Part of slowness will come from the United States, which represents about 8% of the global solar market. Last year, the United States has increased capacity over 50 GW, over the next year, as president over 2023.

Xinzi plans to sell its IPO stock at $ 4 to $ 6, which will be about $ 19 million in the middle of the level. It can take some money to extend the production line and agriculture. It has expanded its customer base, with its largest customer reduced by 55% of the total 2023 to 32%.

At the end of the day, Xinzi is a little fish in China’s bad soutful pond, sold and non-stable profits in the past three years. However, its situation seems stability, and its improved fundraising targets can show people in the future. Now, it will depend on Wall Street investors in the wall to decide they agree with the murder with higher places.