Zhangzhou Development announcement, the company's wholly-owned subsidiaries Zhangfa New Energy, Dongshan Capital and a New Energy (Quzhou) jointly set up a New Energy Technology (Zhangzhou) Co., Ltd., with a registered capital of 100 million yuan. One of the new energy (Quzhou) contributed 70 million yuan, accounting for 70% of the equity of the joint venture company, and Zhangfa New Energy contributed 20 million yuan, accounting for 20% of the equity of the joint venture company. The joint venture company will build a photovoltaic module production line and supporting facilities for 5GW.
漳州发展：拟2000万元参设合资公司 投建5GW的光伏组件生产线
Zhangzhou development: plan to set up a joint venture company to build 5GW photovoltaic module production line with 20 million yuan
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.