Shanghai Hiuv New Materials Co.Ltd(688680) it is proposed to invest 200 million yuan in the production expansion project of photovoltaic packaging materials

Shanghai Hiuv New Materials Co.Ltd(688680) it was announced that Taizhou haiyouwei, a wholly-owned subsidiary of the company, and Taizhou Haineng New Energy Group Co., Ltd. signed the investment agreement for photovoltaic packaging material expansion project, with a planned total investment of about 200 million yuan. After the project is completed, the annual production capacity of supporting 5-10gw photovoltaic modules will be formed, which will provide supporting services for the surrounding component factories in the region, and improving the company’s overall production capacity will be beneficial to the company’s future business performance.