7GW module + 5GWh energy storage battery project settled in Jiangsu Jinxi Industrial Park

of June 16, the centralized signing ceremony of key industrial projects in Jintan District of Changzhou City and the centralized commencement ceremony of major projects in the second quarter were held. Chen Jinhu, Secretary of Changzhou Municipal Party Committee, Xu Jie, Vice Chairman of the Fifth Inspection Group of Jiangsu Provincial Party Committee, Lu Guobin, Vice President of Hehai University, Lu Qiuming and Xu Yawei, leaders of four groups in the district, participated in the activities. Zhulin Town "Taiyi Optical Storage Integrated Headquarters Industrial Park Project" was signed as the first batch of key industrial projects. At the

signing ceremony, Liu Liang, chairman of Taiyi Photovoltaic Technology (Changzhou) Co., Ltd., Shao Kai, member of the Party Committee and deputy mayor of Zhulin Town, signed the contract as representatives. Xu Fei, Party Secretary of Zhulin Town, witnessed the signing ceremony.

This time, Taiyi Photovoltaic Technology (Changzhou) Co., Ltd. intends to invest in the construction of 7 GW high-efficiency photovoltaic modules and 5G Wh energy storage battery projects in Kinsey Industrial Park, and set up Taiyi Photovoltaic Storage Integrated Headquarters Industrial Park. The total investment of the project is about 3 billion yuan, and 238 mu of land is planned to be newly acquired. After the project is completed, it is estimated that the annual sales revenue will be 12.5 billion yuan and the tax revenue will exceed 200 million yuan.

Taiyi Photovoltaic Technology (Changzhou) Co., Ltd., founded in October 2020, is a national high-tech enterprise integrating R & D, production and sales of solar photovoltaic products. The company has a large number of professionals in the field of photovoltaic, advanced and sophisticated fully automated, intelligent production lines, international production management, strict product quality management system, all-round guarantee of product quality. The company's products have passed the testing and certification of CQC, TUV, ISO9001, ISO14001, IS045001 and other international authoritative organizations, and the products are sold in Europe, America, South America, the Middle East, Southeast Asia and other countries, and are well recognized and loved by customers. The "3GW High-efficiency Photovoltaic Cell Module Project" invested and constructed

by Taiyi Photovoltaic Technology (Changzhou) Co., Ltd. covers an area of 63.34 mu, located in Kinsey Industrial Park, and is engaged in the R & D, production and sales of multi-specification single and polycrystalline photovoltaic modules. The project is a key investment attraction project in Zhulin Town in 2020, and is listed as a major project in Changzhou in 2021. At present, the company has more than 1000 employees. In 2022, the industrial taxable sales revenue will exceed 2 billion yuan. In 2023, the annual production capacity of 4.5G W photovoltaic modules will be realized. It is estimated that the industrial taxable sales revenue will be 4.5 billion to 5 billion yuan and the tax revenue will be 30 million to 50 million yuan.

In addition, at the opening ceremony, the Penghui Intelligent Energy Storage and Energy Storage System Research Institute project of Guangzhou Penghui Energy Technology Co., Ltd. also settled in Changzhou, with a total investment of 2.5 billion yuan.