Solar power equipment jinchen shares because of changes to raise for project 2 accept inquiries letter was asked whether the release of information is not consistent

Editor's note: jinchen shares would end the implementation & other; Moving robot and intelligent material transport storage system & throughout; And & other Photovoltaic cell production automation system & throughout; Offering investment project. The remaining amount about 1. 500 million yuan to raise funds will be used in & other; Annual output of 40 units ( Set) Tunneling oxide silicon passivation contact high efficiency solar cells with plate-type PECVD equipment throughout the project & technique; 。

recently, jinchen shares of listed has reached the age of two years ( 603396). Twice because of changes to raise funds for the Shanghai stock exchange information letter.

on December 6, jinchen shares announcement, said China solar energy network, would end the implementation & other Moving robot and intelligent material transport storage system & throughout; And & other Photovoltaic cell production automation system & throughout; Offering investment project. The remaining amount about 1. 500 million yuan to raise funds will be used in & other; Annual output of 40 units ( Set) Tunneling oxide silicon passivation contact high efficiency solar cells with plate-type PECVD equipment throughout the project & technique; 。

to change the cause of the investment project, jinchen stake in response to the Shanghai stock exchange information when the letter said, solar panels, and other Moving robot and intelligent material transport storage system & throughout; Market environment and industry development trend, IPO to raise money in the company has major changes have taken place, solar equipment, smaller space industry development; “ Photovoltaic cell production automation system & throughout; Market environment is in big changes have taken place after company listed, continue to intensify competition, solar portal, significantly increase the risk of investment and uncertainty.

visible, jinchen shares will be a change to bad market environment, industry competition. On December 23, the Shanghai stock exchange to post again, to illustrate jinchen shares to raise for project specific time point of the market environment change and the changing situation, combined with the market environment has greatly changed and requires jinchen shares point, since the company listed all previous disclosures about offering investment project feasibility, explain its presence of disclosure of information is not consistent.

to this, the personage inside course of study Liu Jimao said in an interview with China finance and economics, and other Moving robot and intelligent material transport storage system & throughout; Belongs to general industry, the market environment is not very good, but & other; Photovoltaic cell production automation system & throughout; Of pv equipment industry competition is less, & other; Photovoltaic modules there are more than 100 nationwide, solar power net, the inverter has more than 50, do the battery production equipment manufacturers should be less than 10. ”

public information, jinchen shares listed in October 2017, its IPO investment projects with a total of four, construction period is 2 years. However, in addition to the two offering investment project change, the other two projects also unfinished. Jinchen shares, said & other; Q4 series of photovoltaic modules efficient automatic production line & throughout; Project and part of the workshop fee did not pay, part of the equipment in the procurement; “ Jinchen r&d center r&d platform construction projects throughout the &; Due to the implementation main body and address is changed, is expected in October 2020, can be used to build.

offering investment project didn't finish, not only to raise money to use also use only a small part. Shares, according to Jim's announcement on December 6, according to the company to raise money 3. Actual use 6934 2. 9 billion yuan only. 590000 yuan, and 4279 of them. 660000 yuan to use in the early stage of the replacement self-raised funds has been invested way, in the inquiry letter to point out & other Actual investment significantly slow & throughout; 。

on December 27, jinchen shares announcement, adjourned back Shanghai inquiry letter. Platforms have investors comment said, & other Problem is too sharp and couldn't answer & throughout; ，“ Involving trade secrets, who can say & throughout; 。 China finance and economics, sent a letter to call Jim, hope is related matters to interview of jinchen shares, as of the time did not get a reply.

the original title: jinchen shares because of changes to raise for project 2 accept inquiries letter was asked whether the release of information is not consistent