The high-purity silicon project of Yichang Nanbo has resumed production successfully in the first quarter, and its output is mainly intended for sale to external parties

On February 24, the Nanbo Photovoltaic New Materials Production Base project, with a total investment of 5 billion yuan, was officially signed for implementation; it will be jointly developed by Yidu and Xiaoting. Ma Zejiang, Deputy Secretary of the Municipal Party Committee and Mayor, and He Jin, Secretary of the Party Committee of Nanbo Group, Chairman of the Management Committee, and Vice President, witnessed the signing together. Ma Zejiang welcomed He Jin and his party for coming to Yi to launch new projects, discuss new collaborations, and seek joint development. He said that over the past 10 years, Nanbo Group has invested more than 6 billion yuan in Yichang, establishing three companies specializing in silicon materials, optoelectronic glass, and display devices. This has created the group’s largest industrial base in a single region, making significant contributions to the high-quality development of Yichang. In 2021, Yichang’s economic output reached a new level of 500 billion yuan; over the next five years, the city aims to have its GDP exceed 800 billion yuan and its total industrial output surpass 1 trillion yuan. To achieve this goal, it is necessary to gain the trust of more leading enterprises with strong capabilities, advanced technology, a solid market presence, and modern management concepts – including Nanbo Group – so that they will invest in Yichang, deepen their presence there, and continue to move forward together with Yichang into the future. Yichang, Yidu, and Xiaoting will, as always, act as \"excellent service providers,\" going all out to offer efficient government services and a favorable business environment for Nanbo’s existing and upcoming projects, and working together to create new achievements. He Jin introduced the group’s industrial layout and project development status. He said that Yichang boasts significant geographical advantages and a favorable investment environment; in particular, the excellent work style of the municipal Party committee and government, characterized by a willingness to take responsibility, act decisively, and provide quality services, has further strengthened Nanbo Group’s confidence and determination to grow and become stronger. Since establishing itself in Yichang in 2006, Nanbo Group has achieved rapid development. Taking the signing of new projects as an opportunity, it will unremittingly increase investment and accelerate construction efforts, so as to contribute more to Yichang’s goal of strengthening its industrial base, boosting urban development, raising its competitive level, and striving to become a leader in the region. The South Glass photovoltaic new materials production base project is located in Yidu; once completed and put into operation, it will be able to generate an annual output value of 5 billion yuan, as well as tax revenues of 300 million to 500 million yuan. That morning, Nanbo’s 10,000-ton high-purity crystalline silicon production project was officially put into operation in Xiaoting. Once fully operational, it is expected to generate an annual output value of over 2 billion yuan and profits of over 500 million yuan.

With a solid foundation, a good market awaits upon return: victory: