Tianyi Shangjia plans to acquire 90% equity of Jingyiyang for 270 million yuan

Jingyiyang is a manufacturer of monocrystalline silicon rods and wafers. It mainly provides supporting products for the production of solar-grade monocrystalline silicon rods and wafers and auxiliary materials – photovoltaic quartz crucibles. Recently, Tianyi Shangjia announced that it plans to use 270 million yuan of its own or self-raised funds to acquire 90% of the equity of Jiangsu Jingyiyang New Material Technology Co., Ltd. The company intends to develop a new business of manufacturing photovoltaic quartz crucible products through equity acquisition.

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