Golden Solar Forms JV for Solar Cell Production

Golden Solar New Energy Technology Holdings Limited (HK:1121) has released an update.

Golden Solar New Energy Technology Holdings Limited is set to establish a joint venture named Jinlong (Xi’an) New Energy Technology Co., Ltd. with a registered capital of RMB659 million. The new JV company, formed in partnership with JP-Solar and LONGi, will focus on the production and sales of solar cells, with ownership stakes of 27.31% held by Golden Solar (Quanzhou), 52.51% by JP-Solar, and 20.18% by LONGi.

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