Zhonglai Co., Ltd.: The production line of the first batch of 4G W projects in Suzhou factory has been mass-produced

Recently, Zhonglai shares issued an announcement on the investment progress of important projects. Details are as follows:

Investment and Progress of

Important Projects (I) Intelligent Factory Project

with Annual Output of 16GW High-efficiency Monocrystalline Batteries For details of this project, please refer to Suzhou Zhonglai Photovoltaic New Materials Co., Ltd. Relevant announcements disclosed on www.cninfo.com.cn on June 24 and June 25, 2021.

As of the disclosure date of this announcement, the production line of the first batch of 4GW projects in the first phase of 8GW of the project has achieved full mass production, and the remaining 4GW project equipment in the first phase has been installed and is in the stage of commissioning and climbing. The company will continue to accelerate the production line of the project. Project

with

Annual Output of 200,000 Tons of Industrial Silicon and Annual Output of 100,000 Tons of High-Purity Polysilicon For details of the project, please refer to the relevant announcement of the Company published on www.cninfo.com.cn on March 15, 2022.

As at the date of disclosure of this announcement, the Company has completed the establishment of the Silicon Materials Project Company, and the Silicon Materials Project has obtained the registration certificate for enterprise investment projects in Shanxi Province. At present, the environmental impact assessment report and the energy conservation assessment report of the project are being prepared by a third party, and are in the third-party assessment stage of the preliminary approval procedures. General-purpose (transparent, white, black, etc.) PV backplane project

with an

annual output of 250 million square meters For details of the project, please refer to the relevant announcement of the Company published on www.cninfo.com.cn on July 22, 2022.

As of the disclosure date of this announcement, the project has completed the project approval and is in the process of project environmental assessment and other approval procedures.