On February 8, 2024, Mubang Hi-Tech issued the "Progress Announcement of Jiangxi Mubang Hi-Tech Co., Ltd. on the Signing of the Project Investment Agreement in the Early Stage".
According to the announcement, on January 11, 2024, the company signed the "Project Investment Agreement" with the Management Committee of Tongling Lion Rock High-tech Industrial Development Zone, in which the first phase of the project will build a production line with an annual output of 5GW-N high-efficiency cells and 5GW slices. Project investment amount: estimated 3500000 yuan. Among them, the fixed asset investment of the project is 290653 million yuan.
On February 7, the company held the 37th meeting of the fourth board of directors and deliberated and approved the "Proposal on Investing in the Construction of High-efficiency Cell and Slice Project (Phase I)".
The announcement also made a special risk warning, the investment amount of the project is much higher than the company's book currency capital level, and the subsequent implementation process in the specific implementation process such as tight funds, may affect the implementation of the project.
Announcement**: Disclaimer: This article is written by the robot, jointly incubated by Pencil Road and Hanxin Society, and the main data is provided by Hanguang Suwen. The content and data in this article are for reference only and do not constitute investment advice.