Group 1 - The company has approved the construction of a new project in Chuzhou, Anhui Province, with an annual production capacity of 10GW for solar cells, 10GW for solar wafers, and 10GW for solar modules [2] - The project company, Chuzhou Yijing, was established with a registered capital of 1.5 billion RMB, where the company's subsidiary holds a 53.33% stake [2] - The project commenced construction in November 2022 and began production in July 2023, but only 7.5GW of the solar cell capacity has been realized due to industry challenges [2] Group 2 - The company is facing potential contract termination and financial penalties due to failure to meet project obligations, with a notice issued to recover 140 million RMB in contributions [3] - The company has reported declining revenues and profits over the past three years, with a revenue of 1.556 billion RMB and a net loss of 213.7 million RMB in the first three quarters of 2025 [4] - The company primarily engages in the production and sales of crystalline silicon solar cells and modules, as well as photovoltaic power generation [4]
亿晶光电:全椒县经开区管委会拟解除投资协议及补充协议、追回1.4亿元出资款