According to the progress of the stock issuance and listing audit on the Shanghai Stock Exchange, on April 13, the initial application of Shichuang Energy was submitted for registration.
It is reported that the first issue of Shichuang Energy was approved by the Shanghai Municipal Committee on December 7, 2022. Shichuang Energy intends to issue 40.08 million shares and raise 1.096 billion yuan. The company issued new shares to raise funds to invest in high-efficiency solar cell equipment expansion projects, new materials expansion and automation upgrading projects, high-efficiency solar cell technology and equipment research and development projects, R & D centers and information construction projects, and supplementary liquidity.
According to public information, Shichuang Energy is mainly engaged in the research and development, production and sales of photovoltaic wet process accessories, photovoltaic equipment and photovoltaic cells. The company's products include texturing auxiliaries, alkali polishing auxiliaries, body defect passivation equipment, chain annealing equipment, cleaning auxiliaries, photovoltaic whole cell and photovoltaic half cell series.
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