muertosmegaways| Zhonglai Shares: Termination of silicon-based projects with a total investment of 14 billion yuan

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Zhonglai shares: termination of the total investment of 14 billion yuan silicon-based project securities times e company newsMuertosmegawaysZhonglai shares (300393) announced on the evening of April 24 that the company signed an investment agreement in March 2022 to invest 14 billion yuan to invest 200000 tons of industrial silicon and 100000 tons of high-purity polysilicon in Gujiao City, Shanxi Province.Muertosmegaways.Muertosmegaways..

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Zhonglai shares: terminate the total investment of 14 billion yuan silicon-based project securities times e company news, Zhonglai shares (300393) announced on the evening of April 24th, the company signed an investment agreement in March 2022, it is proposed to invest 14 billion yuan in Gujiao City, Shanxi Province to invest 200000 tons of industrial silicon and 100000 tons of high-purity polysilicon projects. After signing the investment agreement with the Gujiao municipal government and Taiyuan municipal government, the company actively promoted the preparatory work for the investment of the silicon project, but there was no feasible plan for the project landing in the chemical park, and the investment agreement failed to meet the effective conditions. At the same time, the market environment of the photovoltaic industry has undergone major changes, and the feasibility of the silicon-based project has undergone major changes. Based on this, it is expected that the project will not be able to meet the schedule.MuertosmegawaysThe company decided to stop investing in silicon-based projects.