Mubang Hi-Tech plans to acquire Haoan Energy’s new photovoltaic silicon wafer and silicon rod business for 1.1 billion yuan – Xinhua English.news.cn

　　Mubang Hi-TechFebruary 16announcementIt said that it plans to acquire 100% equity of Inner Mongolia Haoan Energy Technology Co., Ltd. (hereinafter referred to as “Haoan Energy”) in cash, and the transaction price is tentatively set at 1.1 billion yuan. At the same time, the company plans to raise no more than 2.415 billion yuan through non-public issuance of shares, which will be used to acquire 100% equity of Haoan Energy, a 10,000-ton/year intelligent silicon purification and recycling project and to supplement working capital.

Haoan Energy is a high-tech enterprise mainly engaged in the research and development, production and sales of photovoltaic silicon wafers and silicon rods. The main products aresolar energyMonocrystalline silicon wafers, silicon rods, etc.Among them, withsolar energyMonocrystalline silicon wafers are the mainsolar energyThe main specifications of monocrystalline silicon wafer products are 166mm, 182mm and 210mm.

Wisdom Bud data shows that Haoan Energy focuses on monocrystalline silicon, monocrystalline furnaces, production equipment, cutting equipment and other technical fields, and has published 23 patent applications, all of which are utility model patents. Heater hanger for crystalline silicon production”, etc.

　　Mubang Hi-TechMainly engaged in educational toys business,medical instrumentsbusiness,educateBusiness and the R&D, production and sales of precision non-metal molds. After the transaction is completed, the company’s main business will increase the R&D, production and sales of photovoltaic silicon wafers and silicon rods.Mubang Hi-TechIt is believed that after this transaction, the company will effectively expand its business scope, further improve the company’s industrial platform, actively seize the good opportunity for the rapid development of the photovoltaic industry, and achieve leapfrog diversified development.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: Mubang Hi-Tech plans to acquire Haoan Energy’s new photovoltaic silicon wafer and silicon rod business for 1.1 billion yuan