Sanan Optoelectronics plans to receive 4.8 million US dollars to transfer the remaining 40% stake in Nissei

Sanan Optoelectronics announced on the evening of the 24th that the company announced that it intends to acquire 40% of the shares of Suncore Photovoltaic Technology Co., Ltd. (hereinafter referred to as "Rising Solar") held by EMCORE Corporation for US$4.8 million (including tax). The company will hold 100% equity of Suncore PV, and Suncore PV will become a wholly-owned subsidiary of Sanan Optoelectronics. That is to say, the US EMCORE Corporation, which was jointly established with Sanan Optoelectronics in August 2010, announced its breakup after nearly three years of cooperation.

Regarding why the joint venture parties broke up, the relevant person in charge of the company said that in the three years of cooperation with EMCORECorporation, the company has greatly improved in the research and development of photovoltaic power plants, power generation modules, and photovoltaic power system engineering design, just because Both parties are listed companies in their respective markets. The policy and regulatory environment and the investment and financing approval procedures are quite different. Therefore, the two sides agreed to end the joint venture, and the company will transfer the equity of the other party, but the two sides cooperate in photovoltaic business and technology development. It will continue.

According to the data, in August 2010, the company announced that it signed a "joint venture contract" with EMCORE Corporation of the United States, with a registered capital of 30 million US dollars (after the capital increase to 67 million US dollars), of which, Sanan Optoelectronics and EMCORE respectively invested 18 million The US dollar and US$12 million account for 60% and 40% of the registered capital of the joint venture, respectively.

The reporter noted that after the joint venture, Nisshin Photovoltaic and US EMCORECorporation successively signed the "Roof Solar Concentrating Photovoltaic Development Agreement" and "Asset Purchase Agreement". In the agreement, Rixin PV purchased the assets, intellectual property and proprietary technology owned by EMCORE Corporation and related to the concentrating photovoltaic power generation system business for 1,000 US dollars, and cooperated to develop 500 times and 1,000 times roof concentrating. Photovoltaic systems, etc.

According to the person in charge, in the three years of cooperation between the two parties, the technical level of the company's high-concentration solar energy application (HCPV) components and systems has been greatly improved, and 50MW module systems have been produced on the market.

On the 24th, the company also announced that Nisshin Photovoltaic intends to set up a wholly-owned subsidiary in Qinghai Province with its own monetary funds of RMB 200 million. The name is tentatively set as "Qinghai Rixin Energy Co., Ltd.", which is mainly engaged in photovoltaics. Sales of grid power stations and related power generation modules, engineering design, construction, technical consultation, and maintenance services for photovoltaic power generation systems.

The person in charge revealed that after several years of technical accumulation, the company has the ability to develop and construct a high-power concentrating photovoltaic power station system. The investment is to comply with the state's support for the photovoltaic industry, and will increase the BT and other methods. The development of high-concentration photovoltaic power plants.

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