Saiwu Technology Co., Ltd.: It is planned to build projects with an annual output of 50GW solar photoconversion film, etc.

Saiwu Technology announced on October 31 that the company signed the Investment Framework Agreement for Solar Photoconversion Film Project with the Management Committee of Xuancheng Economic and Technological Development Zone on the same day. It is planned to build a project with an annual output of 50GW solar photoconversion film and other advanced photovoltaic cell packaging materials in Xuancheng Economic and Technological Development Zone, Anhui Province.

According to preliminary estimation, the total investment of the first phase of the project is about 500 million yuan, and the second and third phases of the project will be negotiated separately to determine the start-up time according to the implementation of the first phase of the project and the demand of the photovoltaic market.