of May 15, the Shenzhen Stock Exchange issued listing audit information showing that the IPO of Jiangsu Zhongrun Solar Energy Technology Co., Ltd. (Hereinafter referred to as "Zhongrun Solar Energy") was accepted by the Shenzhen GEM. The company intends to raise 4 billion yuan to invest in the project of 8GW high-efficiency photovoltaic cells per year (Phase II) and supplement liquidity . According to
the prospectus, Zhongrun Solar Energy focuses on the research and development, production and sales of high-efficiency solar cells. From
2020 to 2022, the company's battery shipments increased significantly, from 4.97 GW to 13.21 GW. According to PV InfoLink statistics, in 2022, the shipments of Zhongrun solar cells ranked fourth in the world.
At present, the company has domestic production bases such as Suqian in Jiangsu, Tongshan in Xuzhou in Jiangsu, Peixian in Xuzhou in Jiangsu, Jingkai District in Xuzhou in Jiangsu, Chuzhou in Anhui, and overseas production bases such as Cambodia and Laos .
By the end of 2022, Zhongrun Solar Energy has a cell production capacity of 24 GW, and it is expected that its cell production capacity will expand to more than 50 GW by the end of 2023.
In addition, the company has laid out 2GW monocrystalline PERC cell production capacity and 1.2G W module production capacity in Cambodia, and built 7.5G W high-efficiency photovoltaic cell production capacity in Laos, which will help to enhance the company's international market share after putting into operation in 2023.
At present, Zhongrun Solar Energy has established close cooperation with leading downstream component manufacturers such as Jingke Energy, Jingao Technology, Trina Solar Energy, Longji Green Energy, Atlas, Sunshine Energy and Yingli Energy .
From 2020 to 2022, the compound growth rate of operating revenue of Zhongrun Solar reached 122.61%; the net profit attributable to the shareholders of the parent company increased from RMB112,203,600 in 2020 to RMB830,057,300 in 2022.
It is worth noting that there is a cement listed company, Shangfeng Cement, behind Zhongrun Light Energy.
Shangfeng invested 50 million yuan in Suzhou Puda Venture Capital Partnership (Limited Partnership) (the company holds 99.70% of its investment share), a private equity investment fund established in cooperation with professional institutions, to hold 0.63% of the equity of Zhongrun Solar Energy before the issuance. Since the release of the "one main and two wings" strategy
, Shangfeng Cement has continuously extended and expanded the industrial chain based on cement and "cement +". The new economic equity investment wing focuses on new energy, new materials, chips, semiconductors and other fields. At present, it has invested in new energy enterprises such as Zhongrun Solar Energy and Shenghe Crystal Micro.
Source: New Energy Micro News DataBM. Com.