Recently, Sunflower issued an announcement on the termination of equipment purchase contracts and the progress of investment projects by subsidiaries . The announcement said that Zhejiang Longxiang New Energy Technology Co., Ltd., a holding subsidiary of Zhejiang Sunflower Health Technology Co., Ltd., and Shenzhen Jiejiawei Innovative Energy Equipment Co., Ltd. ( "Jiejiaweichuang") signed the Termination Agreement on September 28, 2023, involving a total contract value of 826,950,000 yuan.
on schedule, Sunflower said that the TOPCon battery product project is a https://www.databm.
of the company. In addition, the recent suspend the purchase of equipment, and agreed to terminate the original contract and sign a termination agreement after friendly consultation with Jiejia Weichuang.
Considering the cooperation relationship and future cooperation opportunities between both parties, the expenses incurred by both parties before the termination of the contract and the losses caused by the termination of the contract shall be borne by both parties respectively, and the project company and Jiejia Weichuang shall not hold each other accountable. Jiejia Weichuang agrees to fully refund the payment of RMB 248,085,000 (interest-free) paid by the Project Company before November 30, 2023. On
the
evening of March 14, Sunflower announced that it would build a production line with an annual output of 10g W TOPCon batteries, with the goal of developing into a leading solar cell manufacturer in China.
Previously, Sunflower's main business focused on the field of medicine, mainly for the research and development, production and sales of anti-infective, cardiovascular, digestive system and other drugs, leading products covering anti-infective drugs, cardiovascular drugs, digestive system drugs and other fields. The announcement of the construction of photovoltaic production line also means preparing for cross-border photovoltaic industry.
But in fact, sunflower is not the first time to "patronize" the photovoltaic industry, or even the elderly in the photovoltaic industry .
It is reported that Sunflower was founded in 2005 and listed on the GEM in August 2010. Formerly known as Zhejiang Sunflower Solar Energy Technology Co., Ltd ., it was originally a photovoltaic industry chain related enterprise , whose main business is to produce and sell large-sized high-efficiency crystalline silicon solar cells and components.
Sunflower said in its annual report in 2018 that the development space of the industry in which the company's main business is located continues to be limited, and its business performance fluctuates greatly under the influence of policies. The pharmaceutical industry is known as "the sunrise industry that will never decline", with rapid development and huge market potential. The company will devote itself to the fine photovoltaic business and expand the pharmaceutical business . Since
2019, Sunflower has continuously eliminated backward photovoltaic production capacity, shortened the photovoltaic industry chain, and eventually stripped the photovoltaic assets. In February
2020, Sunflower issued an announcement on the change of company name and business scope, and the company name was changed from "Sunflower Light Energy Technology" to "Sunflower Great Healthy Development". Its business scope ranges from "production and sales of large-size high-efficiency crystalline silicon solar cells. Solar four years ago, and after seeing the photovoltaic industry boom again, it wants to re-enter the market. What is the motivation for Sunflower to jump repeatedly? Therefore, it was questioned that the cross-border was for "speculation".
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