---
title: "BRIEF: Rising solar cell prices lift Drinda back to the black"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/282407029.md"
description: "海南德瑞達新能源科技有限公司；週四宣佈，第一季度收入同比下降 9.6%，降至 16.9 億元人民幣（2.48 億美元），但淨利潤為 1416 萬元人民幣，扭虧為盈，去年同期虧損 1.059 億元人民幣。公司表示，盈利改善主要歸功於太陽能電池價格上漲，提升了利潤率。在此期間，公司收購了上海星翼新能源科技的股份，併購買了上海富耀星河航空科技 60% 的股份，從而間接控制了上海尋天千禾空間科技，以擴展應用場景並發展第二增長曲線。"
datetime: "2026-04-11T06:20:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282407029.md)
  - [en](https://longbridge.com/en/news/282407029.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282407029.md)
---

# BRIEF: Rising solar cell prices lift Drinda back to the black

Solar cell maker **Hainan** **Drinda New Energy Technology Co. Ltd.** (2865.HK; 002865.SZ) **announced** on Thursday its revenue fell 9.6% year-on-year to 1.69 billion yuan ($248 million) in the first quarter, while it swung to a net profit of 14.16 million yuan from a loss of 105.9 million yuan a year earlier.

The company credited the profitability improvement mainly to higher prices for solar cells, which lifted its margins. During the period, it acquired a stake in Shanghai Xingyi Xinneng Technology and purchased 60% of Shanghai Fuyao Xinghe Aerospace Technology, giving it indirect control of Shanghai Xuntian Qianhe Space Technology to expand application scenarios and develop a second growth curve. Its net cash outflow from operating activities widened to 703.6 million yuan during the quarter, more than doubling year-on-year.

Meanwhile, the company is pushing ahead with cost reductions and efficiency gains for its N-type cells, while ramping up R&D in xBC and perovskite tandem technologies. Overseas, it continues to hold a strong position in India, Turkey and Europe, and is advancing localized capacity expansion.

The company’s stock opened higher on Friday in Hong Kong, closing at HK$29.4, up 0.96%. The stock is up 36.8% year to date.

_By Lee Shih Ta_

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