On December 19, Qibin Group issued a number of announcements involving high-level changes, photovoltaic business optimization and so on.
Vice president replacement!
Qibin Group announced that the board of directors recently received the resignation report of Vice President Li Xiangyang . For personal reasons, Li Xiangyang resigned as vice president of the company and did not hold any position in the company after his resignation.

On the same day, Qibin Group announced the appointment of Liu Baihui as vice president of the company, whose term of office is the same as that of the sixth board of directors.
Liu Baihui, male, Han nationality, born in May 1969, graduated from Zhejiang University in July 1991, majoring in inorganic non-metallic materials, is a member of the Communist Party of China and a senior engineer. He has successively served as the workshop director of Zhuzhou Glass Factory, the production director of Zhuzhou Guangming Float Glass Co., Ltd., the second-line production director of float glass, the general manager of several secondary companies of Qibin Group, the general manager of the functional management department of Qibin Group, the assistant to the president of Qibin Group, the president of the float business department of Qibin Group, and the chairman and president of Hunan Qibin Solar Energy Technology Co., Ltd; He is currently the vice president of the company and the chairman and president of Qibin Solar Energy. On December 19, Qibin Group announced the
establishment of a platform company to optimize the photovoltaic glass business
. In order to further centralize internal resources, coordinate and optimize the supply chain management of photovoltaic glass business, enhance the comprehensive competitiveness of the product market, and rely on the location and resource advantages of Shenzhen headquarters. Hunan Qibin Solar Energy Technology Co., Ltd. (Hereinafter referred to as "Qibin Solar Energy"), the holding subsidiary of the company, intends to invest in the establishment of Shenzhen Qibin New Energy Technology Co., Ltd. (Hereinafter referred to as "Shenzhen New Energy") in Baoan District, Shenzhen. The registered capital of the company is 600 million yuan, which is 100% controlled by Qibin Solar Energy.

Qibin Group disclosed that it will take Shenzhen New Energy as the starting point, comprehensively sort out, integrate, optimize and improve the synergy efficiency and management level of photovoltaic glass supply chain, and help Qibin Solar Energy build up its advantages in the industry competition.
For the establishment of Shenzhen New Energy, Qibin Group said that the investment will directly improve the supply chain synergy efficiency and management level of Qibin Solar Energy, which is conducive to enabling subsidiaries to improve quality and efficiency, and consolidate the profit base; It is conducive to strengthening the company's overall management and control of the whole chain of "production + supply chain" of photovoltaic glass business, and ensuring that the development of subsidiaries is highly consistent with the group's strategy; It will help the company to further integrate the upstream and downstream resources of the photovoltaic industry chain, improve the diversified business layout, and enhance its competitiveness and risk resistance in the field of new energy materials.
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