Published: Oct 25, 2023 13:11
On October 23, Beijing Beifang Co., Ltd. announced that the company plans to invest 10 million yuan of its own funds to set up a wholly-owned subsidiary, Shanghai Beifang New Functional Glass Technology Co., Ltd. (temporary name), mainly engaged in the research and development, design, manufacturing, sales and after-sales service of new functional glass deep processing equipment and technology. According to relevant regulations, the above investment matters belong to the approval authority of the company's board of directors and do not need to be submitted to the shareholders' meeting for consideration.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM PV News] At an altitude of 4,700 meters! The largest PV project in the middle and lower reaches of the Yarlung Zangbo River in Tibet has been completed.
4 hours ago
[SMM PV News] At an altitude of 4,700 meters! The largest PV project in the middle and lower reaches of the Yarlung Zangbo River in Tibet has been completed.
Read More
[SMM PV News] At an altitude of 4,700 meters! The largest PV project in the middle and lower reaches of the Yarlung Zangbo River in Tibet has been completed.
[SMM PV News] At an altitude of 4,700 meters! The largest PV project in the middle and lower reaches of the Yarlung Zangbo River in Tibet has been completed.
Recently, the 850 MW Phase I of the Luobusha PV project in Qusum County, Tibet, constructed by PowerChina, successfully passed completion acceptance, providing important support for easing regional power supply-demand tensions and strengthening the plateau energy supply barrier. The Luobusha PV project in Qusum County, Tibet, covers an area of approximately 4,289.59 mu, with a total installed capacity of 850 MW. It is the first batch of key commercial PV projects at the Yazhong Clean Energy Base in Tibet and the largest PV clean power generation project in the middle and lower reaches of the Yajiang River. The project is developed in four phases, with Phase I at 200 MW and an average elevation of 4,700 meters. Chengdu Engineering Corporation under PowerChina undertook the construction of the 220 kV booster station, 50 MW PV area, 20.74 km transmission line, and expansion of the opposite-side substation; Sinohydro Bureau 9 undertook the construction of the 150 MW PV field area, installing a total of 348,000 PV modules, along with 64 box-type transformers and 704 inverters.
4 hours ago
[SMM PV News] US Department of Energy (DOE) Invests $12 Million to Develop Space PV Technology
4 hours ago
[SMM PV News] US Department of Energy (DOE) Invests $12 Million to Develop Space PV Technology
Read More
[SMM PV News] US Department of Energy (DOE) Invests $12 Million to Develop Space PV Technology
[SMM PV News] US Department of Energy (DOE) Invests $12 Million to Develop Space PV Technology
On August 31, the US Department of Energy (DOE) announced a new space PV R&D funding opportunity totaling up to $12 million. The announcement states its goals clearly: reduce the cost of solar cells and modules for space applications, expand domestic manufacturing capacity in the US, and advance prototypes toward third-party validation in space or near-space environments.
4 hours ago
[SMM PV News] Building a European Benchmark | Chiko Solar Energy's 221 MW Tracking System Project in Italy Officially Launched
4 hours ago
[SMM PV News] Building a European Benchmark | Chiko Solar Energy's 221 MW Tracking System Project in Italy Officially Launched
Read More
[SMM PV News] Building a European Benchmark | Chiko Solar Energy's 221 MW Tracking System Project in Italy Officially Launched
[SMM PV News] Building a European Benchmark | Chiko Solar Energy's 221 MW Tracking System Project in Italy Officially Launched
Recently, Xin Hengyuan Energy officially launched its 221 MW tracking support benchmark project. This project is a key single project undertaken by the enterprise in the European region, representing a critical breakthrough in the company's strategic expansion into markets outside China. It significantly advances local low-carbon energy development and injects strong momentum into the region's green energy transition.
4 hours ago