Ginlong Solis Awarded the Ranked Top1 Export Trade Manufacturer in Xiangshan County

Author：Solis Time：2020-05-05 00:00:00.0 Pageviews：1156

Due to the outbreak of COVID19 across the globe, Chinese export trade enterprises have experienced unprecedented challenges. In the face of this "stress test", Ningbo Municipal Bureau of Commerce released the ranking report of Export Trade Enterprises in for the first quarter of 2020. Ginlong (Solis), as a physical manufacturing company, ranked No.1 in Xiangshan Export Trade Enterprises!

As the only listed string company which main business in string inverters, Solis benefited from effective advance planning - Solis's profit for the 1st Quarter 2020 was nearly eight times higher than forecast. By establishing a "shared-employee" scheme with other businesses, the plan increased the number of workers able to return to work. Safe production in our own factory was resumed within two weeks and expanded within three weeks. Active development in overseas markets such as the United States, the United Kingdom, the Netherlands, and Australia has increased the company's overseas income account for a new height. At the same time, compared with the first quarter of last year, the net profit growth rate reached an amazing growth of 766.54%.

Under the test of complex and changing epidemic situation, the impact of external demand disruption was obvious, while it highlighted the rise of high-tech products, and the leading companies had more prominent anti-risk advantages in terms of technology, capital, and supply chain, and even formed a Matthew effect of “The strong is always strong”. Affected by the overseas epidemic situation, let us share no effort to maintain our advantages. Regarding their path to high growth, Ginlong technologies president Mr. Yiming Wang said: "This is due to the rapid development of the global photovoltaic market and the company's global strategy and core competitiveness."

Over the years, Ginlong (Solis) has been at the forefront of innovation through cutting-edge R&D and manufacturing of our solar string inverter and inverter technologies. This report once again demonstrated the high level of competency and strength of Ginlong (Solis).

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Ginlong Solis Awarded the Ranked Top1 Export Trade Manufacturer in Xiangshan County

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