Jinjing Technology plans to raise 1.4 billion yuan for photovoltaic glass projects in Ningxia and Malaysia respectively.

On the evening of February 9, Jinjing Technology released a preliminary plan for the private offering of A shares in 2021. According to the plan, Jinjing Technology plans to raise 1.4 billion yuan for Ningxia solar photovoltaic light panel project and Malaysia Phase III (solar cell packaging glass) project. Among them, the Ningxia solar photovoltaic lightweight panel project is divided into two phases, with a total investment of 1.367 billion yuan, and the first phase is intended to raise 700 million yuan.

The company said that the Ningxia solar photovoltaic lightweight panel project will help to further expand the company's market scale, enhance the company's core competitiveness, and keep up with the market demand for photovoltaic glass production capacity and photovoltaic industry technology. produce glass varieties matched with the solar industry and promote the optimization and upgrading of the company's industrial structure; Malaysia ultra-white calender photovoltaic glass project is an important measure for the company to respond to national policy and promote the optimization of product structure and internationalization strategy, so that the company can seize the opportunity of the rapid development of the photovoltaic industry. enhance the company's domestic and foreign market layout and profitability.