Tongwei Co., Ltd. recently announced the termination of its planned 1.6 billion yuan rights issue. After the cancellation of the 1.6 billion yuan rights issue, will the previous project plan be cancelled or postponed? The media called Tongwei Co., Ltd. as an investor in the morning to inquire about the progress of the previous project. The staff of the Securities Department of Tongwei Co., Ltd. introduced that the company issued a planned 1.6 billion yuan rights issue in April this year. 66 billion yuan was used for the Yunnan Tongwei Hydropower Silicon Material High Purity Silicon Green Energy Project (Phase II 200,000 tons/year High Purity Silicon Project), and 9.4 billion yuan was invested in the 200,000 tons high purity silicon project in Inner Mongolia. The Yunnan and Inner Mongolia projects have started construction as scheduled in March and July respectively. The staff said that although the 1.6 billion yuan rights issue plan has been terminated, the strategic plan and project implementation will still be pushed forward.