On the evening of March 8, 2023, Haitai New Energy announced that it signed a strategic cooperation agreement with SPIC Xinjiang Energy and Chemical Co., Ltd., and is willing to proceed from market demand and use their respective advantages to jointly promote domestic photovoltaic project cooperative development business , this agreement is valid for 5 years. The two parties signed the "Investment Framework Agreement" on matters related to investment in the construction of new energy equipment manufacturing production lines such as photovoltaic modules and brackets, and wind-solar storage projects.

According to the content of this cooperation, Haitai New Energy plans to invest a total of 300 million yuan. In 2023, it will invest in the construction of a 1 million-kilowatt photovoltaic module manufacturing plant and a 2 million-kilowatt photovoltaic support production plant in Mulei County, covering an area of 100 mu. 20,000 square meters; Secondly, Hitech New Energy and Guodian Xinjiang Energy plan to invest 16.05 billion yuan to apply for the development of new energy projects of 3 million kilowatts (1.5 million kilowatts of wind power projects and 1.5 million kilowatts of photovoltaics) in the name of the consortium or Haitai New Energy. project), and build energy storage of 750,000 kw/3 million kwh at the same time, the actual development and construction capacity shall be based on the investment of both parties and the actual filing of the National Development and Reform Commission; in addition, under the same market conditions, Haitai New Energy will be given priority by Guodian Xinjiang Energy to be responsible for the project construction At the same time, for the photovoltaic projects developed by Guodian Xinjiang Energy in Xinjiang, the photovoltaic modules, brackets and other related products produced by Hitech New Energy are given priority.

In this regard, Haitai New Energy stated that the signing of this agreement will establish the investment and cooperation relationship between the three parties in the production line of photovoltaic modules, brackets and other new energy equipment manufacturing lines and wind-solar storage projects in Mulei Kazakh Autonomous County, Changji Prefecture, which is in line with the company's overall development strategic plan. Editor/Xu Shengpeng