Longji Stock: signed a major investment agreement of 19.5 billion yuan

2022-09-01 0 By

Longji Announced on the evening of March 13, according to the strategic development needs, the company signed an investment cooperation agreement with the People’s government of Ordos City and the People’s Government of Ejin Horo Banner.Cooperation intention was reached on the company’s investment and construction of 20GW monocrine silicon rod and slice project, 30GW efficient monocrine battery project and 5GW efficient photovoltaic module project in Mengsu Economic Development Zone, Ejin Horuo Banner, Ordos City, Inner Mongolia Autonomous Region.The investment project is about 19.5 billion yuan (including working capital) invested by the project subsidiary of the company.According to introduction, the annual output of 20GW monocrystal silicon rod and slice project is expected to invest 7.6 billion yuan, the annual output of 30GW high-efficiency monocrystal battery project is expected to invest 10.3 billion yuan, the annual output of 5GW high-efficiency photovoltaic module project is expected to invest 1.6 billion yuan.