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Congratulations to Jun Tang, The President of EGING PV, Listed on the “2023 CEO List of the New Energy Industry”
2023-11-08 14:02:41Hits:0hits

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Recently, "2023 CEO List of the New Energy Industry" was released by JIEMIAN(a leading financial media in China), Mr. Tang , the president of EGING PV, listed on this list, It is one of the sub-lists of the Annual Super CEO list of JIEMIAN. It focuses on CEOs in the field of new energy who are good at exploring markets and leading companies to develop well. They have all led companies to achieve impressive results with their keen judgment and leadership.

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(2023 New Energy Industry CEO List)

(Description of the list: The research scope of this list is CEOs of the new energy industry whose main business is in mainland China. It made through data model calculations and interviews. The selection mainly include four dimensions: the size of the company managed by the CEO (25%), financial performance (40%), shareholder return (20%), and CEO's personal reputation (15%), The data deadline is September 5, 2023.)

Mr. Tang joined EGING PV in early 2022. After he took office, he made a detailed review and inventory of the company's strength and assets. Then he took several measures to optimize the supply chain and marketing channels, and did lots of improvements on production line to make EGING PV achieved the effect of cost reduction and efficiency increase. With the efforts of Mr. Tang, the operating conditions of EGING PV have been greatly improved. In 2022, EGING PV's revenue reached RMB 10.023 billion(Approximately EUR 1.285 billion) with a year-on-year growth of 145.47%, net profit was RMB 149 million(Approximately EUR 19.1 million), and net profit attributable to the parent company was RMB 127 million(Approximately EUR 16.28 million), EGING PV made a good profit.

In 2023, due to the large changes in raw material prices and the competitive pressure from rookies, EGING PV is facing tremendous challenges. Mr. Tang plays a vital role during the development of EGING PV. He believes that the most important thing is not to rapidly expand production scale, but maintain reasonable development.

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(Mr. Tang delivered a speech at the 20th anniversary dinner of EGING PV)

Recently, The Q3 Financial statement of 2023 released by EGING PV showed that the revenue in the Q3 reached RMB 6.882 billion(Approximately EUR 882 million)with a year-on-year growth of 18.81%, the net profit was RMB 352 million(Approximately EUR 45.13 million)with a year-on-year growth of 526.62%, and the net profit attributable to the parent company was RMB 302 million(Approximately EUR 38.72 million)with a year-on-year growth of 528.54%. The reason for those achievements is that EGING PV adheres to technological upgrading and good incentive policies, and has taken many effective measures to help increase sales.

In 2023, EGING PV celebrates its 20th birthday, It has been developing well for 20 years. Under the leadership of Mr. Tang, EGING PV will insist on producing high-quality products and promoting the development of the global solar industry.




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