New Daxin 2014 Annual Results Express

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Abstract On February 26, Henan Xinda New Materials Co., Ltd. announced the preliminary financial accounting data for 2014. The announcement pointed out that during the reporting period, the company achieved operating income of 2,295,034,700 yuan, a year-on-year increase of 45.96%; operating profit of 1,843.35...
On February 26, Henan Xinda New Materials Co., Ltd. announced the preliminary financial accounting data for 2014. The announcement pointed out that during the reporting period, the company achieved operating income of 2,295,034,700 yuan, a year-on-year increase of 45.96%; operating profit of 18,433,500 yuan, a year-on-year decrease of 73.37%; total profit of 34,436,600 yuan, a year-on-year decrease of 52.97%; net profit attributable to shareholders of listed companies 4,578.32 Ten thousand yuan, a year-on-year decrease of 39.51%.

I. Major financial data and indicators for 2014
Note: 1. The data in this table is the data of the company consolidated statement.

2. Description of business performance and financial status

In 2014, due to the slowdown in macroeconomic growth, the photovoltaic industry continued to grow under the impetus of emerging markets such as China, but its growth momentum was slightly insufficient. On the basis of achieving deep integration, the company will give full play to the scale, brand, synergy and advantages after the reorganization; at the same time continue to optimize the marketing mechanism, increase market expansion, improve the industrial layout, and actively carry out the “diligence and conservation of new winds and digging potentials” The activities to promote development, further hard work, solid management, the company's overall ability to resist risks has been enhanced.


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