On March 31st 2021, the opening ceremony of PV module factory of Taoistic Solar (Changzhou), was held in Zhulin Town, Changzhou. Four sets of government leaders of Jintan District attended the ceremony, Jintan District Committee Standing Committee, Executive Deputy District Chief Mr.Shi Jiangshui delivered a speech, Zhulin Town Party Committee Secretary Mr.Liu Jinbao delivered a speech, The Chairman of Taoistic Solar Mr.Liu Liang made project introduction, as well as Mayor Mr.Fan Shuiqing presided over the commencement ceremony.

The Stage I production capacity of high-efficiency PV modules is expected to reach 5GW annually by the end of 2021 and at the second stage (within the end of 2022) it will reach anther 5GW annual pv module production capacity of 5GW. It is expected to achieve RMB 3 billion in total sales and RMB 30 million in tax contribution.

Taoistic Changzhou aims at IPO within few years and takes Jintan Production Base as the group headquarter when it launches IPO and goes public.

The project includes: production of PERC monocrystalline and polycrystalline solar MBB low current and high efficiency double glass PV modules and key components for high efficient PERC PV modules. The manufacture will focus on 182/210 models. The highest power of monocrystalline PV modules reaches 670w, which stands for the leader performance in the industry.

- Company: Taoistic Solar Technology (Changzhou) Co., LTD.,

- Address: No. 269 Longxi Avenue, Zhulin Town, Jintan District, Changzhou City, Jiangsu Province, China

- PV Module Production Capacity per Year: 10GW