Three photovoltaic investment set up three branches of PV today Rose 8.75%

NetEase Financial August 3 News of the domestic scale of the largest full-color led chip manufacturers three Photoelectric Co., Ltd. (hereinafter called the three-safety photoelectric) said last night, will be a currency contribution of 18 million U.S. dollars and the United States Emcore Corporation joint Venture Three branch Photovoltaic limited liability company (hereinafter called Three Branch PV), vigorously expand the PV market.　　The joint venture company will mainly produce the third generation photovoltaic products-high concentrated solar cells (hereinafter called HCPV).　　Announcement, the three photoelectric today high open, in a huge amount of lifting under seal limit, due to the tail plate diving, trading is opened, the final charge of 49.82 Yuan, or 8.75%, deal 643 million yuan, change hand rate of 17.2%. The joint venture agreement in the bulletin shows that the newly established three-branch PV is located in the Wuhu economic development Zone with a registered capital of USD 30 million.　　In addition to the 18 million U.S. dollars, the remaining $12 million was funded by Emcore Corporation in cash. According to the information available, EMCORE Corporation's main business includes optical fiber communications, solar cell compound semiconductor components, subsystems and systems.　　Headquartered in New Mexico, EMCORE Corporation is listed on Nasdaq in 2005, with a market capitalisation of about $75 million trillion. In accordance with the technical license Agreement disclosed in the bulletin, the United States Emcorecorporation agreed to authorize the use of proprietary intellectual property rights and know-how relating to the design, manufacture and testing processes of terrestrial solar applications HCPV receivers, modules and systems to the JV company, Provide relevant technical support and guarantee for free; Opto-Electronics also agreed to be the ground-high concentrated solar power generation HCPV components and systems of intellectual property rights and proprietary technology licensed to the joint venture to use, free of charge to provide relevant technical support and protection.