Recently, Riyu Photovoltaic completed the A-round RMB financing of over 100 million yuan, led by Huaneng Investment, followed by South Grid Fund, Pross Construction and Development, Qianhai Ark, Guolian Xinchuang and other institutions. The completion of this round of financing further verifies the technical strength and market potential of Riyu Photovoltaic, as the leading manufacturer of N-type TOPCon battery silver paste , in the new generation of solar cell front silver paste. The injection of a number of new shareholders will also bring more strategic resources and cooperation opportunities for the company. This round of financing will be mainly used to continue to attract top talents in the industry, consolidate technical strength, speed up customer verification, expand production efficiency and enhance market share. Zhao Dongpo, Deputy Secretary and Deputy District Director of Liangxi District Committee of Wuxi City, witnessed the successful holding of the signing ceremony.
The chairman of the board of directors said: Winning the recognition of investment institutions is a milestone in the development of the company, and the increasingly clear development prospects are the cardiotonic for the company to move forward. In the future, under the corporate mission of "green energy saving, improving the environment and benefiting mankind", the Riyu team will adhere to the corporate vision of "becoming a global leader in the metallized paste industry", better repay the society, implement the national strategy, serve investors, and provide better, more and better silver paste products. Efforts should be made to contribute to local economic and social development and create greater value for investors.
Huaneng Investment said: As the supplier of the head battery factory, Riyu Photovoltaic has excellent core technology, and Huaneng has led the national new photovoltaic unveiling project, which has the potential of joint technological innovation and industrial synergy with Riyu, and is an important part of Huaneng's investment layout in the photovoltaic industry . Guo always pursues entrepreneurs and entrepreneurs with feelings. The team he leads is experienced, capable and energetic. We are very optimistic and will do our best to support the growth and development of excellent teams and enterprises. We look forward to growing with great enterprises and contributing to the technological progress of the industry. Under the background of the goal of
"carbon peak, carbon neutralization" leading the green transformation of energy, photovoltaic, a clean energy, has witnessed rapid development. As an enterprise mainly engaged in photovoltaic paste, Riyu is constantly adjusting and optimizing its own development strategy in the era of accelerated development of solar energy. The completion of the financing contract also represents another significant progress made by Riyu as a new photovoltaic enterprise on the track of new energy and new materials. It is believed that the participation of various investment institutions will inject new impetus into the development of Riyu, help Riyu further enhance its position in the industry and lay a solid foundation for the long-term development of Riyu.
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