According to foreign media reports, Corning, a world-renowned manufacturer of special glass and ceramic materials, has acquired Jingao Technologies'component factory in Arizona, USA. According to a Corning spokesman, the plant will become an asset of American Panel Solutions, a wholly owned subsidiary of Corning. On January 10 ,
2023, Jingao Technologies announced that it would invest $60 million in Phoenix, Arizona, USA. , which built 2GW , released its 2024 annual report on April 25 this year." Jingao Technologies has disclosed that its U.S. subsidiary signed an equity transfer agreement with March 28, 2025 , and that the U.S. subsidiary intends to transfer its shares, indicating that the equity transfer has been completed.
In the Hong Kong stock prospectus of Jingao Science and Technology, the above equity transfer events are disclosed in more detail.
Jingao Technology and its wholly owned subsidiary in the United States sold 100% of JA AZ JA Solar Industrial Corp. JA Industrial . The transaction was completed on April 4, 2025 . JA AZ's only business
to be sold is owned and operated by JA Technology is the second Chinese company to sell its US component plant. prior to November 6, 2024, Trina Solar announced that Trina Solar (Schweiz) AG (TSW), a wholly-owned subsidiary of Trina Solar, will Trina Solar US its core assets . Manufacturing Module 1, LLC ( "TUM1") to FREYR Battery, Inc.
The underlying asset sold in this transaction is Trina Solar's 5G W module plant in the United States .
According to the announcement at that time, Trina Solar will receive $100 million in cash and face value through this transaction.
At present, FREYR has been renamed T1 Energy. According to its 2024 annual report, G1 Dallas has installed and put into operation four large-scale production lines to produce PERC and TOPCon components .
G1 Dallas is the Trina Solar 5GW US module plant previously acquired by T1 Energy.
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