Mubang Hi -Tech: It is planned to build a TOPCON photovoltaic battery production base project in 5.2 billion yuan

On July 20, 2022, A -share company Mubang Hi -Tech (603398.SH) announced that he signed the "10GWTOPCON photovoltaic battery production base project investment contract" with the Wuzhou Municipal Government.2775 billion yuan.

Construction of about 200,000 square meters of standard factories and supporting buildings, 10GWTOPCON photovoltaic battery production lines, etc., are mainly engaged in the production of TOPCON photovoltaic batteries, with an annual production capacity of about 10GW.

The main business of the company's photovoltaic sector is the R & D, production and sales of single crystal silicon rods and silicon wafers, and the upstream materials of the photovoltaic battery in the silicon wafer products.The company has not been engaged in photovoltaic battery business and has no TOPCON photovoltaic battery production technology reserve.

Mubang Hi -Tech said that this contract is in line with the company's development strategy and is conducive to the company's long -term development.The signing of the contract does not have a significant impact on the company's operating performance in 2022.

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