LONGi Group to construct three single crystal photovoltaic projects

At the noon of 23 March, LONGi Green Energy Technology Co.Asian Metal Copyright90 million respectively.Asian Metal Copyright, Ltd.Asian Metal Copyright These projects are Xi'an National Civil Aerospace Industrial Base Phase-I 7.Asian Metal Copyright ("LONGi Group") released an announcement and decided to invest RMB7.Asian Metal Copyright5GW-per-annum single crystal battery project is expected to go into production in June 2020.Asian Metal Copyright011 billion (USD0.Asian Metal Copyright226 billion USD0.Asian Metal Copyright99 billion) in total in the construction of three single crystal photovoltaic projects.

These projects are Xi'an National Civil Aerospace Industrial Base Phase-I 7.5GW-per-annum single crystal battery project of 10GW-per-annum single crystal battery and supporting pilot project, Jiaxing 5GW-per-annum single crystal component project and Tengchong 10GW-per-annum single crystal silicon rod project, with an investment of RMB3.Asian Metal Copyright57 billion and RMB3.Asian Metal Copyright226 billion (USD0.Asian Metal Copyright57 billion and RMB3.Asian Metal Copyright46 billion), RMB1.Asian Metal Copyright226 billion USD0.Asian Metal Copyright948 billion (USD0.Asian Metal Copyright356 billion USD0.Asian Metal Copyright28 billion) and RMB1.Asian Metal Copyright948 billion USD0.Asian Metal Copyright837 billion (USD0.Asian Metal Copyright356 billion USD0.Asian Metal Copyright26 billion) respectively.

According to the announcement, Xi'an National Civil Aerospace Industrial Base Phase-I 7.5GW-per-annum single crystal battery project is expected to go into production in June 2020.Asian Metal Copyright99 billion in total in the construction of three single crystal photovoltaic projects.Asian Metal Copyright After reaching design capacity, the project will see an average annual operating income of about RMB5.Asian Metal Copyright011 billion USD0.Asian Metal Copyright608 billion (USD0.Asian Metal CopyrightAt the noon of 23 March, LONGi Green Energy Technology Co.Asian Metal Copyright79 billion) and an average annual net profit of RMB642 million (USD90.Asian Metal Copyright837 billion USD0.Asian Metal Copyright73 million).Asian Metal Copyright79 billion and an average annual net profit of RMB642 million USD90.Asian Metal Copyright Jiaxing 5GW-per-annum single crystal component project and Tengchong 10GW-per-annum single crystal silicon rod project are expected to go into production before the end of 2020.Asian Metal Copyright Jiaxing 5GW-per-annum single crystal component project and Tengchong 10GW-per-annum single crystal silicon rod project are expected to go into production before the end of 2020.Asian Metal Copyright After reaching design capacity, the two projects will see an average annual operating income of RMB11.Asian Metal Copyright5GW-per-annum single crystal battery project is expected to go into production in June 2020.Asian Metal Copyright114 billion (USD1.Asian Metal Copyright .Asian Metal Copyright57 billion) and RMB3.Asian Metal Copyright011 billion USD0.Asian Metal Copyright356 billion (USD0.Asian Metal Copyright90 million respectively.Asian Metal Copyright47 billion) respectively and an average annual net profit of RMB823 million (USD116 million) and RMB629 million (USD88.Asian Metal Copyright114 billion USD1.Asian Metal Copyright90 million) respectively.

.Asian Metal Copyright47 billion respectively and an average annual net profit of RMB823 million USD116 million and RMB629 million USD88Asian Metal Copyright