On July 21, GCL Integration announced in the evening that the company intends to raise no more than 579.9 million yuan (including this figure) by issuing shares to specific targets, which will be used for the following projects after deducting the issuance fee:
It is conducive to promoting the industrialization of the company's TOPCon batteries, focusing on improving the company's layout in the field of N-type high-efficiency photovoltaic battery industry, forming a joint force with the company's Hefei component base project, further enhancing the company's scale advantages, technological advantages, and reducing the comprehensive cost of the industrial chain. Enhance the core competitiveness of the company, and fill the capacity exposure of the photovoltaic cell sector brought about by the capacity expansion of the company's Hefei component base, form the synergy of upstream and downstream industries, and enhance profitability.
At the same time, the promotion of energy storage projects will further strengthen the layout of the energy storage industry, realize the coordinated development of the photovoltaic + energy storage business sector, seize the development opportunities of the integration of photovoltaic and energy storage, and enhance the competitiveness of the company in the new energy industry and integrated energy services.