300763JLKJSZSE

Ginlong Technologies Co., Ltd.

锦浪科技

300763

Shenzhen Stock Exchange

BoardChiNext of Shenzhen Stock Exchange
IndustryElectrical Machinery and Equipment Manufacturing
ISINCNE100003JZ7
ListedMarch 19, 2019
Websitewww.ginlong.com
IR Emailir@ginlong.com
Phone(+86)574-65802608
AddressNo. 188, Jinkai Road, Binhai Industrial Park, Economic Development Zone, Xiangshan County, Zhejiang

Company Profile

1. The strategic advantage of a global layout Due to the economic environment and industrial policies, the development rate and new demand of major global PV markets are uneven in phases. Ginlong has always adhered to the global layout of “concurrent development of domestic and international markets” and actively explored major global markets. Ginlong was one of the first string inverter producers to enter the international market in China. With excellent product performance and reliable product quality and following years of ongoing market development, Ginlong has accumulated many high-quality customers in many countries and regions in Asia, Europe, America and Australia, forming long-term and built long-run cooperative relationships with them stably. 2. Technology research and development advantages Since its founding, Ginlong has always highly valued investment in technology and the construction of its R&D team, continuously inputting source power for enterprise development through continuous independent R&D, forming strong technical and R&D strength and establishing technological R&D advantages. It has been continuously recognized as a national high-tech enterprise since 2011 and boasts an array of patents and self-developed proprietary technologies. 3. Product reliability advantages As a key device in the whole new energy generation system as well as electronic products, the most significant and difficult thing to ensure for grid-connected inverter is its reliability. The design life of grid-connected inverter products usually requires more than 20 years, and the annual failure rate of the products has strict requirements, so that the new energy power generation system has a long service life to obtain a good return on investment. Ginlong has put reliability at the forefront of all aspects of product design, raw material procurement and production process control, and has accumulated rich experience in industrial applications and established a good market reputation through years of development. Ginlong is the first inverter producer worldwide to obtain the PVEL product reliability test report, indicating the excellent performance and stable reliability of its grid-connected inverter products. 4. Brand advantage The brand serves as our core competitiveness, and we have always insisted on implementing our own brand strategy in both domestic and overseas markets. As our business has been expanding in recent years, our own brand products have been sold to many countries and regions around the world, such as the United States, the United Kingdom, the Netherlands, Australia, Mexico and India, and have won high popularity and reputation in the industry. Ginlong was one of the first companies to enter the overseas mature inverter market, and has many years of experience in marketing and brand promotion and many typical cases. 5. Service advantage Ginlong has proposed a future transition to quality growth since it entered the fast lane. The core objective is to establish a brand, enhance product and service power through regional focus and strategic deep ploughing, make mid-to-high-end products, strive to be the first-tier brand focusing on the main market, and win the recognition, trust and reputation of customers. Today, with high reliability to support low service frequency, the after-sales service is located around the world, which can be reached in a limited time to ensure fast service.

Full description

The company is rooted in the new energy industry, focusing on the photovoltaic (PV) power generation sector, and has established two core businesses: PV inverters and distributed PV power generation. It is committed to "harnessing the power of technology to drive clean energy as the world's primary energy source." The company engages in the R&D, production, sales, and service of string inverters, with its main products being grid-tied inverters and energy storage inverters. Since 2019, through its wholly-owned subsidiary , the company has expanded into distributed PV power generation, engaging in the development, construction, and operation of solar PV power plants. This has extended the company’s industrial chain in the distributed PV sector, making it one of its two core businesses. 1. PV Inverter Business String inverters are indispensable core equipment in solar PV power generation systems, primarily used in PV power generation setups. They utilize power conversion and control systems to transform the direct current (DC) generated by solar panels into alternating current (AC) that meets grid power quality standards, directly impacting the system’s power generation efficiency and operational stability. Additionally, string inverters serve as an information platform for data transmission, processing, and real-time human-machine interaction within distributed PV systems, functioning as a key smart device connecting to smart grids and energy internet networks. 2. Distributed PV Power Generation Through its wholly-owned subsidiary , the company develops, invests in, constructs, and operates distributed PV power plants. It sells the generated electricity to end-user corporate clients and grid companies for power sales revenue or provides power-related services to residential customers for service income. The company’s distributed PV power plants under its new energy power generation business include commercial & industrial (C&I) distributed PV plants and residential distributed PV plants. Both types share similar profit and operational models, with ownership retained by the company. C&I Distributed PV Plants: Built on the rooftops of commercial and industrial buildings, they typically adopt a "self-consumption with surplus fed into the grid" electricity utilization model. Residential Distributed PV Plants: Installed on residential rooftops, they generally follow a "full feed-in tariff" model. The company's household photovoltaic power generation system business is carried out by a wholly-owned subsidiary, which provides design, installation, management, operation, and maintenance services for residential distributed PV plants using its proprietary equipment, generating service-based revenue.

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