TCL Central Subscribe MAXN convertible bond capital "going to sea" to enlighten a new journey of globalization

Cover Journalist Lei Qiang

On August 12, TCL Central Energy Technology Co., Ltd. issued an announcement that the company intends to subscribe for 5 -year convertible bonds issued by Maxn with its own funds. The capital expenditure and R & D expenditure of some other products and projects, the issuance expenses and interest payment, and meet the needs of operating funds.

The annual report of 2021 shows that TCL Central in Central achieved operating income of 411.05 billion yuan, an increase of 115.7%over the same period last year; net profit was 4.435 billion yuan, an increase of 200.58%over the same period last year. Among them, the new energy photovoltaic business sector realized operating income of 38.448 billion yuan, an increase of 121.47%year -on -year. As of the end of 2021, the company's photovoltaic silicon wafer capacity increased to 88GW, and the sales scale increased by 45%year -on -year.

According to public data, China's photovoltaic market share accounts for less than 35%of the global market, and 41%of European and American markets account for 41%. Going out is undoubtedly the development path for Chinese photovoltaic companies.

It is understood that in 2019, TCL Central and Daedal reached a cooperation. Dharma split the global high -efficiency solar battery, component and photovoltaic systems that it controlled by it. The registered MAXN, TCL Central has become its second largest shareholder with a shareholding ratio of 28.85%.

This subscription is expected to accelerate the competitiveness of MAXN in Maxeon7 products (IBC technology), P series products, and some other products and projects. Accelerated development of overseas channels.

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