Mubang high tech: it plans to wholly acquire the main business of haoan energy with RMB 980 million, and will increase photovoltaic silicon wafers and silicon rods

Mubang high tech announced on April 15 that the company acquired 100% equity of hao'an energy jointly held by Zhang Zhongan and Yu Jumei in cash, with a transaction consideration of 980 million yuan. After the completion of this transaction, haoan energy will become a wholly-owned subsidiary of the listed company. Haoan energy is a high-tech enterprise mainly engaged in the R & D, production and sales of photovoltaic silicon wafers and silicon rods. Its main products are Cecep Solar Energy Co.Ltd(000591) monocrystalline silicon wafers and silicon rods, of which Cecep Solar Energy Co.Ltd(000591) monocrystalline silicon wafers are the main ones. The main specifications of Cecep Solar Energy Co.Ltd(000591) monocrystalline silicon wafers are 166mm, 182mm and 210mm. After the completion of the transaction, the company's main business will increase the R & D, production and sales of photovoltaic silicon wafers and silicon rods.

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