6 billion! Jingao adds another integrated production base

June 5, Jingao Science and Technology announced that it planned to expand its integrated production capacity and invest in the project of producing 30g W crystal pulling, 10g W silicon wafers and 10g W components annually in Ordos High-tech Zone, with an estimated investment of 6.02 billion yuan. After the completion of the project, it can effectively improve the production capacity of high-efficiency products, meet the market demand for high-efficiency products, continuously improve the market share and integrated profitability, and promote the company to form a complete vertical integrated industrial chain layout in the northwest region, which meets the strategic needs of the company's future capacity planning. The planned investment of the

project is 6.02 billion yuan, which comes from the company's self-financing funds, including shareholders'contributions, shareholders' loans, loans from financial institutions, etc. The planned construction period is 36 months, and the follow-up company will register and establish a new company in the project site to undertake the project construction and future operation.

In recent years, Jingao Technology has accelerated the integrated layout of the vertical photovoltaic industry chain.

At present, the company has established a vertically integrated industrial chain including solar silicon rods, wafers, batteries and modules, photovoltaic power plants and other production and application links, as well as new technology research and development and production capacity in crystal pulling equipment and packaging materials.

Since Jingao Technology returned to the A-share capital market at the end of 2019, it has vigorously expanded its advanced production capacity. With the successive commissioning of new production capacity, the production capacity and proportion of large-size, high-efficiency, high-power and low-cost component products have increased rapidly.

By the end of 2022, the company has a module capacity of nearly 50GW, and the upstream silicon wafer and battery capacity is about 80% of the module capacity. According to the company's capacity planning, by the end of 2023, the module capacity will exceed 80 GW, and the silicon wafer and battery capacity will reach the module capacity. About 90%.