Stock Code: 002860 stock abbreviation: Hangzhou Star Shuaier Electric Appliance Co.Ltd(002860) Announcement No.: 2022-006 bond Code: 128094 bond abbreviation: xingshuai convertible bond
Hangzhou Star Shuaier Electric Appliance Co.Ltd(002860)
Announcement on the investment progress and completion and operation of the holding subsidiary’s “annual 1GW photovoltaic module project”
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records
Contains, misleading statements or material omissions.
Huangshan fule New Energy Technology Co., Ltd. (hereinafter referred to as “fule new energy”), the holding subsidiary of Hangzhou Star Shuaier Electric Appliance Co.Ltd(002860) (hereinafter referred to as “the company”), has recently completed and put into operation the “annual output of 1GW photovoltaic module project”, and the specific information is announced as follows:
1、 Project introduction
Fule new energy purchased real estate from Huangshan Economic Development Zone Management Committee (hereinafter referred to as “Huangshan Economic Development Zone Management Committee”) with its own funds for the construction of “1GW / a photovoltaic module project” (i.e. “phase I investment plan”). The company signed the investment agreement with the Management Committee of Huangshan economic development zone and fule new energy on June 23, 2021. The total investment of the project is RMB 300 million (excluding working capital). The investment in fixed assets in phase I investment plan is not less than RMB 100 million, and the investment in phase II investment plan is expected to be RMB 200 million to expand the existing production capacity. After the completion of the project, the annual output value is expected to reach 1.8 billion yuan and the annual tax revenue is 16 million yuan. After the signing of the investment agreement, the capital construction, plant roof renovation and equipment procurement of phase I investment plan have been carried out smoothly one after another. For details, please refer to securities times and cninfo (www.cn. Info. Com. CN.) Announcement on the proposed purchase of real estate and foreign investment by the holding subsidiary (Announcement No.: 2021-038) and announcement on the investment progress of the “annual 1GW photovoltaic module project” of the holding subsidiary (2021-053).
2、 Project progress
Fule new energy has completed the plant expansion of phase I investment plan, and the production equipment has been in place, installed and debugged successively. The “1GW photovoltaic module project” has been officially and successfully put into operation recently. The new production line can produce 182 and 210 BIPV double glass and double-sided components with the best performance and the longest service life in the market, and fule new energy will gradually realize the production capacity of 1.5gw/year.
In addition, 1.2MW photovoltaic power station is expected to be installed on the roof of fule new energy plant, and the scheme design and approval are in progress. The company actively responds to the call of the national double carbon goal from point to area, accumulates rich experience for the construction of the company’s photovoltaic power station in the future, and further expands and optimizes the company’s industrial layout in the field of new energy.
At the same time, we also actively connected with the Management Committee of Huangshan Economic Development Zone on the land use of phase II investment plan.
3、 Impact on the company
The smooth operation of the new production line provides a powerful engine for the company to build a development model with one body and two wings “based on the household appliance sector and led by the new energy sector”. The company will continue to follow the national green industry orientation, quickly explore the sunshine Avenue of clean energy, actively undertake the social responsibility of promoting the comprehensive green transformation of economic and social development, strive to make modest efforts to establish and improve the economic system of green and low-carbon circular development, and strive to realize the new energy industry vision of “based on China’s supply chain and serving the world’s new energy”, Give back to society and investors.
It is hereby announced.
Hangzhou Star Shuaier Electric Appliance Co.Ltd(002860) board of directors January 17, 2022
