On December 5, Tianyang New Material announced that it intends to terminate the follow-up investment of " Nantong Photovoltaic Film Project" and "Haian Photovoltaic Film Project" in the company's investment projects. The reason is that the supply and demand of photovoltaic industry capacity has not improved, the film business has suffered losses due to low-price competition, and it is difficult to continue to invest or achieve the expected return. Previously, the
commissioning time of the two projects has been postponed from June 2025 to June 2026, and the "Haian Project" has also experienced a second delay. In addition, the Kunshan film project raised in the same period was terminated on February 15, 2025.
It is reported that up to now, the investment progress of Nantong project is 79.38%, and the investment progress of Haian project is 31.33%. Tianyang New Material announced that the follow-up company will gradually stop the film business, and the completed plant and investment equipment will be transformed, leased, sold or sold at an opportune time.
浙公网安备33010802003254号