The total investment is more than 1 billion yuan. Qibin Group plans to build a 1200t photovoltaic module high permeability substrate material production line project.

SMM: on September 24th, Zhuzhou Qibin Group Co., Ltd. (referred to as "Qibin Group") issued a notice on investing in the construction of a 1200t photovoltaic module high transparent substrate material production line in Chenzhou Qibin, intending to invest in the construction of a 1200t/d photovoltaic module high transparent substrate material production line in Zi5 Industrial Park, Zixing Economic Development Zone, Hunan Province. It includes one 1200t/d one kiln six-wire high transmission substrate production line and matching photovoltaic module high transmission substrate material processing line, and the photovoltaic module high transmission substrate material processing line includes 6 1200mm wide and 2 1300mm wide processing lines. The total investment of the project is expected to be 1.02736 billion yuan.

According to the announcement, the 1200t/d photovoltaic module high transparent substrate material production line project is located in Ziwu Industrial Park, Economic Development Zone, Zixing City, Hunan Province. The main investor is Chenzhou Qibin Photovoltaic Glass Co., Ltd., and the project is funded by Chenzhou Qibin self-financing and financing solution (of which 380 million yuan is self-funded (the company increases 380 million yuan to Chenzhou Qibin), the remaining 647.36 million yuan is loan funds, and the company is responsible for raising the insufficient part. The project construction cycle is expected to be one year.