Zhitong Finance App News, Quanwei Technology (300716.SZ) announced that the company plans to jointly fund the establishment of Quanwei Future New Energy Technology Development (Anhui) Co., Ltd. (tentative name, “Quanwei Future New Energy Company”) with a registered capital of RMB 50 million, of which the company will invest 25.5 million yuan, accounting for 51%; Zaozhuang Keli will invest 23.5 million yuan, accounting for 47%; Sun Yun will invest 1 million yuan, accounting for 1 million yuan.

According to the announcement, the co-funder Zaozhuang Keli's GP is Quanwei Green Energy Investment (Hainan) Co., Ltd. (“Quanwei Green Energy”), and the LP is Chu Yifan. Quan Wei Green Energy is the controlling shareholder of the company, and Chu Yifan is the actual controller of the company. In addition, Sun Yun is a professor and doctoral supervisor at the Institute of Optoelectronic Thin Film Devices and Technology at Nankai University. His main research interests are thin-film solar cells, compound semiconductor photovoltaic materials and devices, and vacuum film technology and equipment.

According to reports, the company has invested in the establishment of Quanwei Future New Energy Company, which will undertake functions such as high-efficiency heterojunction (HJT) batteries and new battery technology research and development, equipment technology research and development, new materials research and development, technical layout, and strategic planning. The establishment of the company will provide the solar photovoltaic new energy industry with iterative innovation in new photovoltaic technology and more highly skilled talents. It will also implement a key layout for the company to reduce costs and increase efficiency and achieve rapid mass production of next-generation photovoltaic products.