Bei Ke Cai Jing·2025-12-01 02:57Core Viewpoint - Canadian Solar Inc. (CSIQ) is restructuring its U.S. operations by forming joint ventures M and N, focusing on solar and energy storage businesses respectively, with a significant shareholding structure [1] Group 1: Business Adjustments - The company plans to establish joint venture M for U.S. photovoltaic business and joint venture N for U.S. energy storage business [1] - CSIQ will hold 75.1% of the new joint ventures, while its controlling shareholder, Canadian Solar Inc., will hold 24.9% [1] Group 2: Manufacturing Restructuring - The manufacturing facility supplying the U.S. will be restructured to have CSIQ owning 75.1% and Canadian Solar Inc. owning 24.9% [1] - This restructuring aims to secure a one-time equity transfer payment and ongoing equity income from the U.S. business [1] Group 3: Governance and Approval - The transactions and commitments have been approved by the board of directors and are pending shareholder meeting approval [1]