Ningbo solar photovoltaic application should be the third time will sell! Photovoltaic (pv) giant longji 17 shares. 800 million to buy

Now, with the approval of the parties to negotiate, decided to terminate the transaction. It is worth noting that the solar portal, longji shares the announced plans to buy appropriate of ningbo, distance from the latter terminated by aikang technology acquisition are just a few days apart. Longji shares, according to the disclosure of financial data in the third quarter of 2019 years ago, ningbo appropriate business income of 20. Net profit 2 5. 6 billion yuan, qian xuesen system engineering theory. 4. 8 billion yuan. Longji shares on the acquisition, said mark company production base is located in Vietnam, currently has a photovoltaic cell capacity exceeds 3 gw, photovoltaic modules can produce super 7 gw, photovoltaic hole with a what machinery has good profitability; photovoltaic (pv) network statement: this information is reproduced from the media or other Internet web site, network cooperation photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. Early Yu Aikang science and technology, and the other energy companies, easy in 2017 had to buy appropriate of ningbo, but eventually give up.

on February 21st, icahn said science and technology, photovoltaic hole with what machinery due to the change of macro situation, etc, appropriate of ningbo is not completed the formalities of industrial and commercial change; Specifically, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group the people vote for 200 mw, 190 mw hubei energy group, huaneng 180 mw President Daniel li longji shares after the New Year, said in a speech in 2019, the company new capacity start, solar energy, solar energypanels, is expected by the end of 2020, photovoltaic (pv) grid, will be 65 gw silicon rods/silicon wafer production capacity, by the end of 2021 will be 20 gw capacity battery, 30 gw components, & other; 1. Five new longji & throughout; The goal will be realized. The share purchase items such as smooth implementation, will help the company get fast overseas capacity batteries, components, qian xuesen system engineering theory to further perfect the industrial layout, avoid overseas trade barriers, enhance the company's overall competitiveness, meet the company's long-term strategic planning and development. And according to icahn technology announcement in October 2019, ningbo should be, as of May 31, 2019 the assessment value of the rights and interests of all shareholders of 17. 800 million yuan, down nearly 40%. According to wind data, longji shares for the current a-share photovoltaic always the most valuable listed companies in the sector. The state supports the new energy projects late February 23 longji shares announcement says, its wholly owned subsidiary longji le leaf photovoltaic technology co. , LTD. ( Hereinafter referred to as & other; Longji le leaf & throughout; ） To cash for ningbo jiangbei appropriate new energy technology co. , LTD. ( “ Ningbo appropriate throughout the &; Or & other The underlying company & throughout; ） 100% stake in the tentative deal benchmark for the 17. 800 million yuan, and according to the target company performance implementation pay floating on or by the direction of performance pledge longji music performance pay compensation. The state supports energy projects and new customers for the global well-known basic photovoltaic enterprise, such as crystal, TRW, ja, longji, Oriental nison, golden concord, yingli, suntech global pv enterprises. Since 2019, the rapid expansion, longji shares photovoltaic applications to enter in 2020, two months time has a number of investment, sales agreement, including the chuxiong annual output of 10 gw monocrystalline silicon slice of construction projects ( A phase of the project) The investment agreement, and tong wei solar ( Chengdu) Co. , LTD. , the total price of about 13 billion yuan of silicon wafer sales framework contract, etc. This paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. According to easy special announcement in late march, 2019, in view of the planning during the material assets reorganization, the secondary market fluctuations, and to leverage macroeconomic environment factors on the material assets reorganization of the large uncertainty, the company decided to terminate the material assets reorganization.

solar energyphotovoltaic net news: the easy and icahn has announced the end of science and technology acquisition, appropriate of ningbo is rushing for third intention acquirers, for photovoltaic giant longji company. The deal announcement according to longji shares, the price includes two parts, the tentative of 17. 800 million yuan, Including taxes and fees) Benchmark, and floating on the price. According to public information, ningbo appropriate for a long term focus light volt battery and components development and production of enterprises, currently has 1 in Vietnam. 8 gw cell capacity and 5. 3 gw components production capacity, it is Vietnam and even the entire southeast Asia area larger pv cells and pv modules production enterprises; According to longji shares 2019 results notice issued late January this year, it expects to achieve net profit attributable to shareholders of listed companies in 2019 to 50. 0 billion yuan to 53. 0 billion yuan, compared with a year earlier, compared with an increase of 95. 47% by the year 107. 19%. The article content is for reference only. Easy, at the end of 2017 and the draft was, according to the solar panels, drum regenerative ningbo appropriate shareholder rights and interests of all assessed value of 29. 0. 6 billion yuan. Longji shares another hint, according to the share purchase agreement signed the framework agreement for the transaction, trading of effect remains to be the parties according to the result of due diligence, evaluation of assets in the negotiations, and the relevant decision-making and approval procedures, is still uncertainty. It is important to note that ningbo should be the valuations are a significant decline in recent years. Among them, the EPC project owner units is given priority to with soe/state, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. Longji co was established in 2000, listed in 2012, has now become the world's largest manufacturers of monocrystalline silicon photovoltaic products.

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