Luoyang Glass (600876.SH) announced that in order to seize the market opportunity of the new energy industry, further enhance the overall strength and market competitiveness of the company's photovoltaic glass business, and improve the company's profitability, the company's holding subsidiary, Northern Glass, plans to invest in the construction of solar photovoltaic cell packaging materials project. The total investment of the project is expected to be RMB 1.1845 billion.
Construction content: build a 1200t/d (one kiln five lines) solar substrate production line and five deep processing production lines. Supporting the construction of power supply and distribution system, compressed air station, water supply and drainage system, waste heat power generation system, desulphurization and denitrification and dust removal system, water treatment and circulating water system and other public auxiliary projects.
