Sunflower to acquire 100% equity investment in solar wafer

NetEase Financial September 30, the Sunflower Thursday Night announced the announcement, the company intends to acquire Zhejiang Excellent Energy Technology Co., Ltd. 100% Equity, trading price of 148 million yuan.　　The announcement shows that Sunflower will be the acquisition of the asset to implement an annual output of 160 million pieces of 8-inch solar wafer production project. Sunflower said that the acquisition of the company's stake, can ensure that the company's polysilicon projects in the shortest possible time production, is expected to start production next August.　　The total investment of the project is 1.99 billion yuan and will be implemented in two phases.　　Sunflower said, the acquisition is completed, the company will be through the increase in the mode of energy to create more than 317 million yuan.　　Zhejiang Excellent Chong is the actual control of Sunflower Wu Jianlong 100% Holdings of another enterprise, part of the plant is under construction, has not yet carried out the actual operation. In addition, the Sunflower Week released three quarterly results are expected: 2010 1-September, the company's operating income is expected to be 1.62 billion-1.65 billion yuan, growth of 163% to 169%; Net profit 145 million yuan 155 million yuan, growth 132%-149%.