On December 26, Beijing Express announced that. It is proposed to postpone the expected production time of the project " Leshan 22GW High-efficiency Monocrystalline Silicon Rod and Slice Project " (hereinafter referred to as "Leshan Project") invested by the raised funds to December 2024.
Beijing Express said that during the implementation of the project, the market environment of the domestic photovoltaic industry has changed greatly . Considering the impact of the investment projects on the overall operation and development of the company, the company adjusts the implementation progress of the investment projects according to the actual situation of the market and the company.
According to the current progress, the installation and commissioning of the crystal pulling and slicing equipment of the project will continue until 2024, and the project will not be fully put into operation before the original expected production date of December 2023. In August
2022, Beijing Express changed the project from "Wuhai 10GW High Efficiency Single Crystal Silicon Rod Project" to "Leshan 22GW High Efficiency Single Crystal Silicon Rod and Slice Project" due to the failure to obtain the evaluation procedures on time to promote the project process. It is expected that the production time will be extended from January 2023 to December 2023 of the original project.