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Shichuang Energy plans to raise 0.285 billion yuan through private placement to build a 1GW cascaded component project annually, promoting the industrialization process.
1. 0.2 billion yuan will be used for the annual production of 1GW shingled module manufacturing project, with a planned construction period of 9 months, and 85 million yuan will be used to supplement working capital. 2. The company's half-cut N-type TOPCon battery production line was put into operation in the first half of 2024. The shingled technology used in this fundraising project can be well matched with the double-POLO technology of TOPCon batteries.
Shichuang Energy (688429.SH) plans to raise funds through a simple process of no more than 0.285 billion yuan.
Shichuang Energy (688429.SH) disclosed the stock issuance plan for 2024 to specific targets through a simplified process, public...
Shichuang Energy (688429.SH): The company plans to raise funds of no more than 0.285 billion yuan for projects such as manufacturing 1GW of shingled modules annually.
On September 25, Geelong Hui announced that Shichuang Energy (688429.SH) plans to raise a total of no more than 0.285 billion yuan by issuing stocks to specific targets through a simple procedure. The net proceeds from the fundraising after deducting the issuance expenses will be used for investing in a 1GW annual capacity double-gate component manufacturing project and supplementing working capital.
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