Central shares raise capital 3 billion monocrystalline silicon industrialization

From central shares (market, Inquisition) (002129, Before the closing price of 21.00 Yuan) announced cooperation with the United States photovoltaic SunPower, in Inner Mongolia to build 7.5GW high conversion efficiency of photovoltaic power plants, the company's every move to attract the attention of the market, especially in the recent announcement of the planning of additional issues, more attracted market investors. Today, the answer is finally announced, the company intends to raise funds not more than 3 billion yuan overweight photovoltaic projects. Financial profit Po, the current savings rate of 1000% 3 billion yuan increase in PV project public data show that the shares of the non-public offering shares of the price is not less than 17.99 yuan, the issue quantity of not more than 167 million shares, the amount of funds proposed to raise not more than 3 billion yuan.　　The funds raised will be used for the following projects: CFZ monocrystalline silicon and ultra thin diamond line mono-silicon Slice project (hereinafter referred to as Project one) and CFZ area fused monocrystalline silicon and diamond Wire slicing project (hereinafter referred to as Project II), the remaining funds will supplement liquidity. It is reported that the project in the use of direct-pull zone fused high purity monocrystalline silicon rod technology and diamond wire slicing technology, the production of semiconductor crystal silicon rods and the world's leading level of conversion efficiency of solar cell wafer. Project total investment of 1.474 billion yuan, the company intends to raise funds to invest 1.3 billion yuan, the project construction period of 18 months.　　Project production year is expected to achieve an average sales income of 1.918 billion yuan, investment recovery period of 5.9 years, the total investment yield of 21.27%, the average annual profit of 358 million yuan. The second project is to produce semiconductor-grade and solar-grade CFZ monocrystalline silicon wafers by using the silicon ingot material supplied by central PV, producing semiconductor-grade and solar-grade CFZ zone fused monocrystalline silicon, and then using DW technology. The project is expected to achieve the production scale of 93.17 million tablets of solar wafer and semiconductor wafer per year with annual output. Project total investment of 1.207 billion yuan, the company intends to raise funds to invest 1.1 billion yuan.　　Project Construction Period Ibid, also 18 months.　　Monocrystalline silicon with technical advantages for the additional, central shares that this will be conducive to the company's semiconductor energy-saving industrial structure optimization adjustment, the company's new energy industry to a higher conversion efficiency of the product upgrades, to achieve CFZ crystal, chip and other key projects of large-scale production, to further enhance the company's competitiveness and profitability. It is noteworthy that this year, the domestic and foreign PV industry boom gradually warmer, China's "Twelve-Five" total PV installation after several increases, to 2015 will reach 35GW.　　By the end of 2012 China's cumulative PV installed capacity has exceeded 8GW, the next 3 years are expected to have more than 30GW installed capacity, showing the policy support of the firm. In addition to the support provided by the policy, the daily economic news reporter noted that the State Council issued in July 2013, "on the promotion of the healthy development of the photovoltaic industry," made it clear that "new photovoltaic manufacturing project should meet the single crystal PV cell conversion efficiency of not less than 20%". Therefore, the development of high-performance solar cells with monocrystalline silicon is photovoltaicThe inevitable requirement of industrial development. Prior to central shares of the mono-crystalline silicon N-type film industrialization conversion rate reached 22%~24%, and the domestic average level of not more than 20%. From the manufacturing cost point of view, the battery efficiency of 1% per cent increase, will make PV module cost reduced by about 6%. The company's application of direct-pull and zone fusion technology CFZ monocrystalline silicon wafer conversion rate reached 24%~26%, which will greatly enhance the company's cost advantage. The additional benefits to the company will be technical advantages into market advantages.