Topri Xinneng plans to increase investment in phot

2022-08-13
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Topri Xinneng plans to increase investment in photovoltaic cell production line

Topri Xinneng disclosed the private placement plan today. The company plans to issue no more than 38.5 million shares with a private placement of no less than 21.00 yuan/share, and raise no more than 810 million yuan, all of which will be used for the capital increase of the wholly-owned subsidiary Shaanxi Topri to build a 150MW amorphous silicon photovoltaic cell production line project located in Weinan City, Western Shaanxi Province

the company said that this directional additional issuance is to further improve the amorphous silicon solar cell industry chain, expand production capacity, and improve the technical parameters of the overall wind power anchor horizontal tensile testing machine: competitiveness. The company plans to make use of its existing advantages in the field of amorphous silicon cell manufacturing, An amorphous silicon solar cell production line with an annual capacity of 150MW is invested and extended to the photovoltaic solar glass upstream of the thin-film photovoltaic cell industry chain and the application of thin-film photovoltaic cells downstream, so as to create a world-class photovoltaic industry chain from "sand to electricity", that is, from silicon sand to glass and then to solar cells

after the project is completed, it is expected that the transmission balance is reliable, and the annual sales revenue will be 1.08 billion yuan, and the return on investment of the project will reach 17.43% Through the implementation of the project, the company will achieve an annual production capacity of 175mw in amorphous silicon photovoltaic cells

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