On May 30, the official website of China Electric Power Construction announced that recently, the temporary construction project of Saudi Saidawei 2GW photovoltaic project contracted by the 12th Bureau of Hydropower was officially started.

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It is understood that the total investment of the project is 38 million yuan, utilizing 124000 square meters of land resources in Yuebao Cement Mine and plant area, building 14.7 MW distributed photovoltaic power station, actively exploring the intensive use of industrial land, with an estimated annual power generation of 15 million degrees, saving 0.46 million tons of standard coal, reducing 9135 tons of carbon dioxide emissions, and achieving the goal of the project. To achieve both economic and environmental benefits.

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Yang Jun, chairman of the board of directors, thanked the shareholders for their long-term concern and support. He said that the company would always put safeguarding the interests of shareholders at the core, focus on the main business, cultivate intensively, continuously improve the quality of operation, do a good job in investment development, strengthen the management and maintenance of market value, and strive to create better business performance and sustainable investment returns, so as to create greater long-term value for all shareholders. It is hoped that shareholders will continue to care about and support the company's business development.

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On the evening of June 2, Bangjie issued a progress announcement on the temporary suspension of production of its subsidiaries.

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Last week, the price of P-type monocrystalline dense materials was flat, while the price of N-type silicon materials and N-type granular silicon fell. Polysilicon inventory is high, downstream purchasing is light, and the price of silicon materials is still under downward pressure. The overall price of photovoltaic modules has fallen, although some leading enterprises want to raise prices, but the trend of price increase is difficult to achieve. The price of batteries has been loosened and the price of silicon wafers has stabilized. Industrial silicon has not stopped falling, the cost side of silicon materials is under pressure, the current position may further decline, but the space is limited, enterprises tend to reduce production and stabilize prices, and the short-term market is weak and stable.

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Trading in the shares of the Company on the Stock Exchange has been suspended with effect from 9:00 a.m. on 1 April 2025 and will remain suspended until the publication of the Company's 2024 Annual Results.

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President Zhou Yuxian also listened carefully to the opinions of a few enterprises on the chaotic sales in the name of cement grade, the implementation of actual production capacity according to the approved production capacity will result in a substantial increase in energy consumption, a decrease in operation effect, and the long-term impact of the use of various waste solid materials as cement admixtures on the quality of cement and concrete. It is hoped that through the joint efforts of all parties in the industry, the self-discipline of the industry will be further deepened and a good ecological environment of the industry will be maintained.

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Anhui Zongyang Conch Cement Co., Ltd. intends to withdraw from two 2500 tons/day cement clinker production lines (1 # kiln and 2 # kiln) in the plant area, and adjust and replace the production capacity to one 5000 tons/day (3 # kiln), one 10000 tons/day (4 # kiln) and two 4500 tons/day (5 # kiln and 6 # kiln) cement clinker production lines in the same plant area.

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On May 31, Maiwei issued an announcement on the plan of issuing convertible corporate bonds to non-specific targets. The announcement shows that the total amount of funds raised by Maiwei's proposed issuance of convertible corporate bonds is not more than RMB 1966.6752 million (about RMB 1.967 billion), which will be used for the industrialization project of perovskite tandem solar cell equipment.

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At the same time, the assets of the two enterprises were also sold on a property rights trading platform, with a starting price of 39.16 million yuan and 10.69 million yuan respectively. Assets disposed of include land use rights, buildings, machinery and equipment, office furniture and electronic equipment.

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Digital New Energy DataBM. Com learned from JT Jietai Science and Technology Public Number that recently, Junda's overseas production capacity layout has fallen again.

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On May 28, the construction of Gasidu Phase II 300MW Photovoltaic Power Station Project in Jinchuan County, Aba Prefecture, Sichuan Province was officially started, with a total investment of 1.4 billion yuan, and is expected to be put into operation in December 2025.

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On June 3, Jiangsu Baoxin Science and Technology announced that the board of directors had recently received a written resignation report from Mr. He Deyong, the director, vice chairman and president of the company. Mr. He Deyong proposed to resign from the position of director, vice chairman and president of the company for personal reasons, and would no longer hold any position in the company after his resignation.

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Digital New Energy DataBM. Com learned that on May 19, according to foreign media reports, American solar manufacturer T1 Energy lowered its 2025 forecast due to recent trade policy uncertainties.

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Xu Xiang believes that at present, the supply and demand pattern of silicon materials has not been significantly improved, superimposed on the high level of industry inventory and stock capacity, the price of silicon materials has limited momentum to rise in a short period of time.

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On May 28, Xinjiang New Energy Research Institute Co., Ltd. Mulei 300000 kW Photovoltaic Module Procurement Bidding Project issued a public announcement of successful candidates.

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This week, the market showed a differentiation trend of "head price, tail selling".

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Digital New Energy DataBM. Com learned from the National Enterprise Bankruptcy Reorganization Case Information Network that Dongying Photovoltaic New Energy Development Co., Ltd. was filed for bankruptcy by the administrator of Dongying Photovoltaic Solar Energy Co., Ltd. to the Intermediate People's Court of Dongying City, Shandong Province, with the case number (2025) Lu 05 No.4, which was made public on May 28.

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According to the incomplete statistics of the Digital New Energy DataBM. Com, the capacity of the announced photovoltaic module bidding and shortlisted projects in two weeks (5.17-5.30) was about 0.43 GW, and the total amount of photovoltaic module bidding projects was about 3.66 GW.

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On May 28, the Digital New Energy DataBM. Com was informed that, as an important part of Longji Green Energy's annual production of 100g W monocrystalline silicon wafers and 50g W monocrystalline batteries, Jinghe New Town Photovoltaic New Energy Industrial Park (Phase I) project is speeding up construction, Longji Green Energy has moved in the core equipment, and it is expected that by the end of this month, the first production line will be formally put into operation.

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