Aerospace electromechanical 1.2 billion investment solar cells rose 6.2% today

NetEase Financial November 4, the aerospace machinery and electricity yesterday evening announcement, the company agreed to wholly-owned subsidiary of Shenzhou New Energy in the Pujiang High-tech Park, the existing plant investment new 200MW high efficiency solar cell production line, and upgrade the corresponding supporting facilities. The total investment of the project is 1.197 billion yuan, of which fixed assets investment of 787 million yuan, bedding liquidity 410 million yuan, the project funds from the Shenzhou new energy self-financing. After the calculation, the project after-tax internal rate of return of 18.95%, dynamic investment recovery period of 5.62 years.　　The project is implemented in two steps, the end of 2011 to build 200MW solar cell production line, the end of 2012 to complete the product technology upgrade, the final realization of monocrystalline silicon battery is not less than 18.5% and polysilicon battery no less than 17% of the average conversion efficiency target.　　Shanghai Shenzhou New Energy has been built 150MW battery production line, the investment to enhance the company's photovoltaic industry product technology, technological capabilities, improve product structure, expand production scale, improve enterprise competitiveness.　　The company also said that in order to raise the company's core industry development needs of funds to improve the company's asset structure, the company intends to sell a batch of Guotai 14.74 million shares. Aerospace electromechanical today opened 1.94%, the most single increase in the plate nearly 8%, wide shocks, the final report of 17.5 Yuan, a deal of 1 billion yuan.