On October 30, the People's Government of Xinzhou City, Shanxi Province, signed a strategic cooperation agreement with Jiangxi Mubang Hi-Tech Co., Ltd. At the same time, Mubang Hi-Tech, Yidao New Energy and the Management Committee of Xinzhou Economic Development Zone jointly signed an investment agreement for the project with an annual output of 20GW N-type monocrystalline silicon rods, and Mubang Hi-Tech signed a supplementary agreement with the Management Committee of Xinzhou Economic Development Zone.
The project relies on a 14 GW photovoltaic cell production base of new energy technology to build a horizontal integrated industrial development model and realize the complementary advantages, strong alliance and win-win development pattern of related enterprises in the photovoltaic industry chain.