According to the website of the German newspaper Hessen Niedersachsen Allgemeine Zeitung on the 12th, Pierre-Pascal Urbon, chairman of the board of directors of SMA, a German solar technology equipment manufacturer, said that the company will reduce its operations in the Chinese market. It is unthinkable for SMA to make a profit under the current Chinese market conditions. SMA will adapt the business scale of its subsidiary Zeversolar in China to the changed environment. Due to the decline in demand for solar rectifiers, SMA's business in China has dropped significantly. In 2014, SMA lost 179.3 million euros, of which Zeversolar lost 19 million euros.
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