Seamless knitting leading Bangjie shares are very busy recently.
From July 21 to 22, the company issued several announcements in succession, involving high-level personnel changes, the punishment of the chairman and the company's re-addition of photovoltaic modules, etc.
Announcement 1: The company plans to build a 10GW photovoltaic module project
in Yangzhou in the late afternoon of July 21, in order to further improve the strategic layout of the photovoltaic industry of Zhejiang Bangjie Holding Group Co., Ltd. and seize the development opportunities of the photovoltaic industry. The Company intends to enter into the Investment Agreement on High-Efficiency Photovoltaic Modules and R & D Center Project with the Management Committee of Yangzhou Economic Development Zone to invest in a new project with an annual output of 10GW high-efficiency photovoltaic modules and R & D center, and designate Yangzhou Bangjie Photoelectric Technology Co., Ltd., a wholly-owned subsidiary, as the project company for the specific implementation of the above investment. The fixed asset investment of the
project is about 1 billion yuan , of which the first phase of the construction of 4GW high-efficiency photovoltaic module project, leasing plant, production equipment investment of about 250 million yuan; the follow-up capacity and R & D center project will be launched at an appropriate time depending on the progress of the first phase of the project.
Announcement 2: Establishment of Sun Company to Promote Yangzhou Silicon Wafer and Cell Project
On May 23, Bangjie Co., Ltd. signed a high-efficiency photovoltaic cell and large-size silicon wafer slicing project with Yangzhou Jiangshan Economic Development Zone, and the company intends to invest 8 billion yuan. In Yangzhou Jiangshan Economic Zone, the annual output of 16GW (8GW + 8GW) N-type high-efficiency cells and 16GW large-size photovoltaic silicon wafers will be constructed.
This project is planned to be constructed in two phases, of which the first phase is to construct an annual output of 16GW (8GW + 8GW) N-type high-efficiency cell project, with an investment plan of about 6 billion yuan and a fixed asset investment plan of about 5 billion yuan. The first phase of this project is implemented in two phases, with an annual production capacity of 8GW in each phase; The second phase of this project is to construct a large-size photovoltaic silicon wafer slicing project with an annual output of 16GW, with an investment plan of about 2 billion yuan and a fixed assets investment plan of about 1.2 billion yuan. The second phase will be negotiated according to the construction and operation of the first phase of the project.
In order to accelerate the construction of silicon wafer and battery wafer projects, its subsidiary Bangjie New Energy intends to co-invest with Quzhou Xinlian New Energy Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Xinlian Fund") to establish Jiangshan Bangjie New Energy Technology Co., Ltd. Hereinafter referred to as the "Joint Venture") as the implementation subject of the above project. The planned registered capital of the
Joint Venture is RMB1.620 billion, of which Bangjie New Energy intends to contribute RMB820 million in cash, accounting for 50.62%, and Xinlian Fund intends to contribute RMB800 million in cash, accounting for 49.38%.
Announcement 3: Suspected of insider trading, the chairman was fined 500,000 yuan and confiscated 138,000 illegal gains.
On May 11, Bangjie announced that Chen Jiansong, the chairman of the company, was suspected of insider trading, and the China Securities Regulatory Commission decided to investigate him.
The company said that Chen Jiansong had recently received the Prior Notice of Administrative Penalty issued by the Shaanxi Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as the "Shaanxi Securities Regulatory Bureau"). Shaanxi Securities Regulatory Bureau intends to confiscate the illegal gains of RMB 138,477.85 obtained by Mr. Chen Jiansong and impose a fine of RMB 500,000.
Announcement III: Proposed Appointment of Xin Guojun as the Deputy General Manager
of the Company In order to ensure the sustainable and stable development of the photovoltaic business, Bangjie Co., Ltd. proposed to appoint Xin Guojun as the deputy general manager of the Company, with a term of office commencing from the date of consideration and approval by the Board and ending on the expiry date of the sixth session of the Board.
According to the resume disclosed in the announcement, Xin Guojun had previously served as a senior executive in three enterprises, including Xuzhou Zhongyu Photovoltaic Technology Co., Ltd., Zhongli Tenghui Photovoltaic Technology Co., Ltd., and Suzhou Atlas. He is currently the senior vice president of Bangjie New Energy Technology Co., Ltd. and the commander-in-chief of Yangzhou Bangjie New Energy Technology Co., Ltd.
As at the date of this announcement, Mr. Xin Guojun does not hold any shares of the Company and has no connected relationship with shareholders, de facto controllers, other directors, supervisors and senior management who hold more than 5% of the shares of the Company.
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