On December 10, Ancai Hi-Tech (600207.SH) issued an announcement saying that it had agreed to sign a "Photovoltaic Glass Project Cooperation Agreement" with Kaisheng Group, and Ancai Hi-Tech first registered and established a photovoltaic glass project company in full with 900t / d Construction of photovoltaic glass original sheet and post-processing production line.
Ancai Hi-Tech said that in September 2017, the company and the Kaisheng Group signed the "Photovoltaic Glass Cooperation Framework Agreement" and planned to cooperate in the construction of photovoltaic glass projects. According to the “Photovoltaic Glass Cooperation Framework Agreement” and related agreements, the 900t / d photovoltaic glass project was officially started in August 2018 in the industrial agglomeration area of Anyang City. An amount of RMB 826.37 million was first constructed by Ancai Hi-Tech with its own funds and bank loans.
In order to facilitate the development of 900t / d photovoltaic glass original film and post-processing production line projects, in accordance with the principles of complementary advantages and win-win cooperation, the company and the Kaisheng Group have reached an agreement on the construction of a 900t / d photovoltaic glass project. "Glass Project Cooperation Agreement", agreed that Ancai Hi-Tech will first establish a wholly-owned Henan Ancai New Energy Glass Co., Ltd. to carry out the construction of the above 900t / d photovoltaic glass original sheet and post-processing production line project. The registered capital of the new energy company is 250 million yuan .
Ancai Hi-Tech said that the signing of a photovoltaic glass project cooperation agreement and the establishment of a subsidiary with the Kaisheng Group this time. The two parties can cooperate in the field of photovoltaic glass to achieve complementary advantages and improve the quality and efficiency of the construction of photovoltaic glass projects. Promote the work of retreating from the city and entering the park.