On June 20, Aixu issued a feasibility analysis report on the use of funds raised by issuing A-share stocks to specific targets in 2023 (the third revision).
According to the report, the company plans to raise no more than 3.5 billion yuan (including this number) by issuing shares to specific targets. Among them, 3 billion yuan will be invested in Yiwu Phase VI 15GW high-efficiency crystalline silicon solar cell project , and the remaining 500 million yuan will be used to supplement liquidity to alleviate the company's higher debt pressure.
It is understood that the battery technology route of the project is N-type ABC battery technology, with a planned construction period of 18 months and a total investment of about 85. The main body of the project is Zhejiang Aixu Solar Energy Technology Co., Ltd., the holding company of Aixu.
As of the date of issuance of this report (June 20), the project has been filed and approved by the EIA. The project site is located in the southeast of the intersection of Longqi Road and Gaoyuan Road, Suxi Town, Yiwu City, Zhejiang Province.
In addition, Aixu said that it is expected to gradually build a 35 GWABC module base by the end of 2025, but as the most important component of photovoltaic modules. The current production capacity of ABC batteries is about 20GW, which is unable to meet the future high-efficiency will fill the " brought by the construction of component production capacity. Aixu shares achieved revenue of 11 billion 155 million yuan in 2024, down 58.94% year on year ; The net profit loss attributable to the parent company was 5.319 billion yuan , down from the same period last year. In the first quarter of 2025, its revenue was 41.In terms of
liabilities, as of the first quarter of 2025, the total liabilities of Aixu's consolidated statement were 29.82 billion yuan . The asset-liability ratio was 85.97% , of which the current liabilities amounted to 19.01 billion yuan , accounting for 63% of the total liabilities.