With the tragic data of less than 16GW of new installed capacity in the first three quarters of the Energy Bureau, the words used in the photovoltaic industry by some media outside the industry and even within the industry are becoming increasingly fierce. More and more people use the relatively harsh word "excess capacity" when mentioning the photovoltaic industry, and even "severe excess capacity" will be used. What's more, most of the leading photovoltaic enterprises seem to be desperately expanding their production capacity, especially Longji, the industry leader. In the near future, Longji has invested 12.5 billion yuan to expand the capacity of 40gw, and said that it will realize the planned target of 65gw silicon chip capacity by the end of 2021.
I. It is proposed to lease factory buildings and power facilities for the 5GW / a single crystal battery project in Xi'an Jingwei new city. The company will invest production equipment and office and storage equipment such as battery velvet, diffusion, etching, printing, sintering, etc. to form an annual production capacity of 5GW high-efficiency single crystal battery. The overall construction period of the project is expected to be about 2 years, the total investment is expected to be about 2.462 billion yuan (including working capital), and the annual average operating revenue and annual net profit will be about 3.739 billion yuan and 398 million yuan respectively after the project is completed.
II. It is proposed to lease the workshop and supporting facilities for the annual output of 5GW single crystal module project in Xianyang, carry out the decoration and mechanical and electrical installation works in the production area of the workshop, and purchase the production equipment and tools such as the assembly line and various processing equipment. It is estimated that the overall construction period will be about 15 months, the total investment is expected to be about 1.839 billion yuan (including working capital), the annual average operating revenue will be about 8.479 billion yuan and the annual average net profit will be about 563 million yuan.
III. It is proposed to lease the workshop and supporting facilities, implement the decoration and mechanical and electrical installation works in the production area of the workshop, and purchase the production equipment and tools such as assembly line and various processing equipment. The overall construction period of the project is expected to be about 15 months, the total investment is expected to be about 2.021 billion yuan (including working capital), and the annual average operating revenue and annual net profit will be about 8.479 billion yuan and 538 million yuan respectively after the project is completed.
IV. according to the agreement, Longji Co., Ltd. plans to set up a new holding subsidiary company in Xiuzhou high tech Industrial Development Zone, Jiaxing, as the main investment and operation body of the project, to lease Party A's factory buildings and auxiliary facilities, purchase and install production and testing equipment, tools, management systems and office equipment required for the annual output of 5GW components, with a total investment of about 22 Hundred million yuan (including working capital, the specific amount shall be subject to the amount approved by the internal authority of the company). The project is planned to be put into operation gradually in 2020.
V. Party B's workshop, auxiliary and supporting facilities shall be leased for Tengchong's 10GW / a monocrystalline silicon rod project, and Party B shall be responsible for purchasing and installing the production equipment, facilities and supporting construction required for the production capacity of 10GW / a monocrystalline silicon rod. The investment of Party C's project company is about 2.5 billion yuan. The project is planned to be put into operation gradually by the end of 2020.
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