TCL Zhonghuan Earnings: Falling Solar Wafer Prices Pressure Bottom Line; Shares Oversold

TCL Zhonghuan strives to achieve global leadership in solar silicon wafer production. Its solar wafer capacity overtaken longtime champion Longi Green Energy in 2022 and became the largest in the world. After years of investment in smart manufacturing, Zhonghuan has built the most automated factories in the industry. This helps increase output and reduce costs.