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Nanjing Hongfa Nonferrous Metals Manufacturing Co., Ltd (hereinafter referred to as “Hongfa Nonferrous Metals”) Released its results for the first half of 2024The operating income was 400 million yuan A year-on-year increase of 87%. The company drives the strategy with innovation. Empower the development of new quality productivity.
Demonstrated strong market growth resilience
Founded in 2007, Hongfa Nonferrous Metals, located in Lishui Development Zone, is a national high-tech enterprise that develops, designs, manufactures and sells aluminum alloy industrial profiles and solar frame profilesWith a production base of 60,000 square meters and 16 automatic production lines for solar frames, with an annual output of more than 20,000 tons of aluminum profiles and more than 20 million sets of solar frames, the products are mainly used in fixing and sealing solar cell modules to extend their service life. In March 2015, the company was successfully listed on the New Third Board.
In recent years, Hongfa Nonferrous Metals has adhered to the innovation-driven development strategy, closely followed the changes in market demand, increased R&D investment, and continuously launched new products in line with market demand to improve the technical content of products. Since the beginning of this year, in the face of the complex and changeable market environment, enterprises have actively responded to challenges, effectively reduced production costs, enhanced market competitiveness, and laid a solid foundation for contrarian growth by optimizing supply chain management, improving production efficiency, and strengthening market development. In the first half of the year, the company produced solar aluminum framesMore than 5.7 million sets, operating income of 400 million yuan, a year-on-year increase of 87%.
As a national high-tech enterprise integrating production and research, Hongfa Nonferrous Metals continues to show strong strength in independent research and development. Since the beginning of this year, the company has made a number of important patent achievements in the aspects of anti-dust photovoltaic frame, profile surface treatment process, and profile mechanical property improvement, and a number of new technologies and new products have been launched, accelerating the formation and growth of the company’s new quality productivity, and providing strong support for optimizing the market layout and enhancing the core competitiveness.
According to Hongfa Nonferrous Metals’ 2024-2025 development plan, the company will invest 20 million yuan to comprehensively upgrade the solar aluminum frame production line, including new high-efficiency equipment and technical transformation projects. After the completion of the project, it is expected that the production efficiency and output value will increase by more than 20%, so as to achieve a leap forward in production capacity. “We will continue to adhere to the innovation-driven development strategy, lead the leapfrog development of the enterprise with new quality productivity, and set a benchmark for the industry. Zhang Jun, general manager of the company, said.
