重整产业投资人确定，金刚光伏携手大股东破局

Core Viewpoint - Jingang Photovoltaic has made significant progress in its restructuring process by finalizing a restructuring investment agreement with Ouhao Group, enhancing the certainty of its restructuring efforts [1][2]. Group 1: Restructuring and Investment - Ouhao Group has been confirmed as the restructuring industrial investor for Jingang Photovoltaic, having signed the restructuring investment agreement on June 9 [1]. - Ouhao Group holds a 21.99% stake in Jingang Photovoltaic, with a combined holding of 25.01% when including its concerted actions [2]. - The restructuring investment agreement aims to mitigate risks and enhance the sustainable development capabilities of Jingang Photovoltaic, while protecting the interests of all stakeholders [2][4]. Group 2: Company Background and Strategic Support - Jingang Photovoltaic, formerly known as Jingang Glass, has transitioned to focus on photovoltaic products, particularly heterojunction solar cells and modules, since Ouhao Group became the controlling shareholder in 2021 [3]. - The company has faced challenges due to industry downturns, including overcapacity and price competition, leading to net profit losses [3]. - Ouhao Group has provided significant financial support, including a debt waiver of 336 million yuan in 2023, to bolster Jingang Photovoltaic's operations [3]. Group 3: Market Position and Future Prospects - Jingang Photovoltaic has emerged as a leader in HJT technology, achieving mass production of high-efficiency N-type heterojunction solar cells with conversion efficiencies reaching 26% and module power exceeding 730W [5]. - The company has secured a 194MW sales contract with a South Asian client, expected to account for over 50% of its audited revenue for 2024 [6]. - The global photovoltaic market is anticipated to rebound, with projected growth in new installations of 15%-20% by 2025, benefiting companies like Jingang Photovoltaic as they expand into international markets [6].