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On August 23, DMEGC Solar disclosed its 2024 H1 financial report, which showed that its photovoltaic shipments increased by 77.87% from last year to 8.1GW, with a growth rate higher than the industry average.

DMEGC Solar first achieved success in the European residential market with its "black module" products, and was the first PV module manufacturer to obtain French low-carbon certification, and was also the first Chinese brand to develop greenhouse PV applications in Europe. Since the end of 2023, DMEGC Solar has successively launched innovative products such as Infinity RT rectangular silicon wafer modules, Greenhouse modules, floating modules, and anti-glare modules. The module power, reliability, low-carbon, and certification have been continuously upgraded, which strongly supports its shipment growth and differentiated market development. With the continuous improvement of product competitiveness and brand influence, DMEGC Solar has been shortlisted for BNEF's Tier 1 Module Manufacturer, EUPD "Top PV Module Brand", Kiwa PVEL " Top Performer ", and TaiyangNews Top Modules "Highest Efficiency Commercial Solar Module".

DMEGC insists on driving business development with technological innovation. As of June 30, 2024, it has 1,761 valid patents, including 749 invention patents, which provides strong technical support for the company's sustainable development. Through continuous environmental protection investment and technological innovation, energy conservation and emission reduction in the production process are achieved, reflecting its commitment and practice to sustainable development. In 2024, 100% green electricity production of photovoltaic cells and modules will be achieved. The achievements also include ISO14067 product carbon footprint certification, environmental product declaration EPD, supply chain traceability certification, upgrading ESG ratings and awards such as "Best Carbon Neutral Practitioner Award" and "ESG Science and Technology Pioneer".

Faced with falling electricity prices, declining PV prices and rising shipping costs in the European market, DMEGC has demonstrated strong adaptability and resilience. It has not only consolidated its core market share in Western Europe, but also successfully extended its business tentacles to Eastern and Southern Europe. In the Brazilian market, DMEGC responded quickly and made efficient arrangements, achieving shipments of hundreds of megawatts. For the US market, DMEGC has built the product traceability and identification system, laying a solid foundation for its subsequent market development. Meanwhile, large-scale utility, industrial and commercial, and residential projects have all seen significant growth in the Chinese market. With the construction of an annual production base of 3GW high-efficiency cells in Indonesia in July this year, DMEGC's photovoltaic products will accelerate their entry into the global market.

Through deepening differentiation strategies, lean management, and high-quality operations, DMEGC achieved operating income of 9.567 billion yuan in the first half of the year, and continued to maintain a stable profit level and healthy cash flow, demonstrating the company's outstanding ability in cost control and market expansion. The company's debt-to-asset ratio remains at a relatively low level in the industry, demonstrating an excellent financial stability.

DMEGC Solar has demonstrated strong operational resilience and market adaptability in the face of global economic and industry challenges. Looking ahead, with the growing global demand for renewable energy and environmental protection, the company is expected to continue to achieve higher-quality growth with its technological and market advantages.