In just two months, Xuzhou Taoistic Century Energy Technology Co., LTD, located in Lingcheng Town, Suining County, Xuzhou, completed the contract signing and production line installation. On the morning of November 10, the project officially started trial production, and the first photovoltaic module successfully rolled off the production line.

"Currently, our equipment is still in the trial stage, and the spacing of components and the color difference still need to be adjusted." That morning, Yao Weiguan, deputy secretary of the Party Committee of Lingcheng Town, came to visit Taoistic Solar.

Xuzhou Taoistic Century Energy Technology Co., LTD has in totale, six of the latest multi-BB half-cut and full-cut single and double glass high-efficiency module automated production lines to produce various photovoltaic module products. At the end of 2021, the annual production capacity will be approximately 3GW, with an annual revenue of 1.5 billion yuan. It is expected that the annual production capacity will exceed 5GW by the end of 2023, and the annual output value will be doubled. "After the Taoistic Solar signed the framework agreement in September, Lingcheng Town established a special project team to facilitate the procedure. 'The front-line work method is sales-type management, which is to complete the project and start the production as soon as possible." Yao Weiguan said.

In just 22 days from the county's high-quality development party and government joint meeting on October 7 to October 29, Xuzhou Taoistic Century Energy Technology Co., LTD's first production line with an investment of 600 million RMB has been commissioned and is ready to start the production. "I didn't expect it to advance so quickly. It was the right decision to invest in Suining." Liu Liang, the chairman of the Taoistic Group, told reporters over the phone.

- Company: Xuzhou Taoistic Century Energy Technology Co., LTD

- Address: No.3-30 Lingcheng industry Park, Suining County, Xuzhou City, Jiangsu Province, China

- PV Module Production Capacity per Year: 5GW