On July 1, Foster announced that in order to meet the needs of the company's photovoltaic materials business development, the company plans to further expand the production capacity of photovoltaic film, enhance the company's core competitiveness and future profitability in the field of photovoltaic packaging, and achieve the company's sustainable development. The company decided to implement the investment of "annual output of 250 million square meters of high-efficiency battery film project", which was implemented by the company's wholly-owned subsidiary in Jiangmen City, Guangdong Province, with a total investment of about 702 million yuan. The total investment of
the project is about 702 million yuan, the construction period of the project is 3 years, and the annual production capacity of 250 million square meters of photovoltaic packaging film will be formed after completion. At present, the project is in the preparatory stage.
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