Save the nation? Mao Shuo 1 billion yuan investment in photovoltaic power generation projects

Moso recently announced that the company holding company Sun Shenzhen mosopower Amperex Technology Limited (hereinafter referred to as "mosopower new energy") signed the "investment agreement" with the people's Government of the Ningxia Hui Autonomous Region Tongxin County, mosopower new energy to be in Tongxin county investment development of photovoltaic power generation projects, a total investment of 1 billion yuan, the construction scale of hydropower station 100 MW, 3000 acres of land for construction, the construction period is 2 years (2015 to 2016); in 2015, 50 MW, 50 MW in 2016.

Mao Shuo is a new energy power supply company, the company holds a 91.2377% stake. It is understood that mosopower mainly engaged in new energy industrial control equipment, industrial automation software, solar photovoltaic inverter technology development and sales, power electronic equipment sales, other domestic trade, import and export business. As of, the company's audited assets totaled 41649092.20 yuan, net assets of $26069775.11, in 2014 operating income of 25136453.19 yuan, net profit of -3103324.39 yuan.

Mao Shuo power said that the signing of this agreement is conducive to the company's future development of photovoltaic power generation business, in line with the company's development needs and long-term planning, is conducive to the realization of the strategic objectives of the company. Because of the photovoltaic power generation project is still in the preparatory stage, are affected by the policy environment, land requisition or force majeure, to this agreement the construction progress bring some uncertainty in the short term will not affect the company's operating conditions.

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