Tuo New energy (002,218) 18 announcement said the company intends to invest in 150MW of Weinan in Shaanxi, amorphous silicon photovoltaic cell production line. A total investment of 849.2 million yuan project is funded by corporate self-financing, bank loans or financing.
Announcements, 150MW amorphous silicon photovoltaic cell production line mainly includes the construction of an annual output of 150MW amorphous silicon photovoltaic cell production line, two days to vote expected to produce 120 tons of ultra-white glass roof of the building line and plant no more than 3MWP BIPV power station and other supporting projects. The main investment in Shenzhen Extension New Energy Technology Co., Ltd., the main building of the company’s wholly-owned subsidiary of New Energy Technology Co., Ltd., Shaanxi Billiton.
Although the previously published three quarterly shows that the financial crisis this year, third-quarter profit fell into the super-five, but the company expand their business at a pace that did not stop. The expansion of the scale of investment this year and the financial crisis will continue to bring short-term pressure on the performance of the company, due to intense competition, falling product prices resulting in decreased profitability, the company expects net profit this year will fall more than 50% year on year.acer aspire 5560 series battery,acer aspire 5920 battery,acer aspire 5520 battery,acer travelmate 220 battery.