21, Yijing Optoelectronics announced that the total amount of funds raised by the company's non-public offering of shares would not exceed & nbsp; RMB1,302.4 million (inclusive), after deducting the relevant issuance expenses, will be used for the construction project of 5G W high-efficiency solar modules with annual output in Changzhou, replenishment of working capital and repayment of interest-bearing liabilities.
The announcement disclosed that the project intends to expand the production capacity of high-efficiency solar modules. After the completion of the construction, the annual production capacity of 5G W high-efficiency solar modules will be realized, which will help to meet the rapidly expanding market demand and enhance the profitability of the company.
Yijing Optoelectronics said that the annual production of 5G W high-efficiency solar modules in Changzhou is planned to build a digital and intensive chemical plant, which will conform to the trend of large size, and the specifications will be fully compatible with 210 mm and below sizes, and can produce components that integrate technologies such as double-sided, double-glass, half-chip, multi-main grid and large-size silicon wafers. It helps to optimize the company's product structure and promote the company to form an upstream and downstream production pattern of "5GW batteries + 10GW components per year".
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