Leascend(SZ:300051)2023-09-26 14:26Group 1: Company Overview and Project Introduction - Liansheng Technology has selected HJT (Heterojunction Technology) solar cells as a new business growth point due to their high conversion efficiency and profit margins, with a promising market outlook [2][4] - The total planned capacity for the Meishan Liansheng photovoltaic heterojunction cell project is 8GW, covering an area of 387 acres with a building area of 106,000 square meters [2][3] Group 2: Production Capacity and Progress - The project broke ground on January 28, 2023, and the first cell was produced on August 22, 2023, taking only 206 days to reach this milestone [3] - The current production capacity under construction is 3.8GW, primarily consisting of three 600MW lines and two 1GW lines, with ongoing installation processes [3] Group 3: Sales and Market Strategy - Since the first cell was produced, the company has received multiple order intentions and is in the process of sample delivery, planning to adjust sales strategies based on customer feedback and production line arrangements [3][4] Group 4: Financing and Investment - The company plans to raise up to 960 million yuan through a private placement to repay debts and supplement working capital, with the project progressing in an orderly manner [3] Group 5: Technology and Industry Position - The company has a clear product technology route for HJT, incorporating dual-side microcrystalline technology and silver-copper technology, which are expected to reduce production costs and enhance competitive advantages [3][4] - The HJT project has been included in the 2023 key projects of Sichuan Province, receiving strong local policy support [4] Group 6: Company Rebranding - The company changed its name to Liansheng Technology to clarify its current control relationship and to reshape its brand positioning following a change in control in December 2022 [4]