On August 7, an investor asked Yonghe Intelligent Control about the process of Taixing project on the interactive platform. Yonghe Intelligent Control said that the first 1GW TOPCon battery project implemented by the company in Taixing had been offline and formed sales. At present, the offline products are reported to major manufacturers for sample testing, and the related work of production line construction is progressing in an orderly manner. At the same time, the second phase of the ultra-high efficiency N-type photovoltaic cell project is progressing smoothly.
On May 18, Yonghe Intelligent Control announced that on the basis of the cooperation of the first phase of 2G W photovoltaic cell project, Yonghe Intelligent Control Co., Ltd. On May 17, 2023, Pule New Energy Technology (Taixing) Co., Ltd. (Hereinafter referred to as "Pule Taixing"), the holding subsidiary of the company, and the Management Committee of Taixing High-tech Industrial Development Zone of Jiangsu Province signed the Letter of Intent for Cooperation of Ultra-High Efficiency N-type Photovoltaic Cell Manufacturing Project (Pule Taixing Phase II Project). The two parties will jointly invest in the construction of an ultra-efficient N-type photovoltaic cell manufacturing project, with an estimated total of 10GW in the two bid sections (4G W in the first bid section and 6GW in the second bid section).