The solar water heater parts poly, golden concord 'again' : poly capital to take a stake in golden concord integration

Editor's note: golden concord integration and poly signed the strategic cooperation framework agreement. Will take advantage of poly capital platform and golden concord group, industrial advantage, promote golden concord integration in photovoltaic two-wheel drive development of new energy and semiconductor industry, in order to realize the balanced development of short-term and long-term strategic goals, mutual benefit and win-win.

golden concord integration ( 002506. SZ) Release, the company in 2019 on December 19 and poly ( Hengqin) Capital management co. , LTD. ( “ Poly ( Hengqin) ” ) And the controlling shareholder of xin group co. , LTD. ( “ Golden concord group & throughout; ) Signed a strategic cooperation framework agreement.

poly ( Hengqin) For China poly group co. , LTD. , one of its capital management platform, China poly group co. , LTD is the State-owned Assets Supervision and Administration Commission of the State Council shall administer the large central enterprises, in 1992, approved by the State Council and the central military commission. In 2018, poly group business income reached 300 billion yuan, profit total more than 40 billion yuan. At the end of 2018, the group, the total assets of more than $312 of the world's 500. Have strong ability of the performance.

golden concord group co. , LTD. , for the company's controlling shareholder, all belong to the same actual controllers with the company. Golden concord group holdings co. , LTD. Is A company with new energy, clean energy is given priority to, the relevant industry diversification of the development of science and technology leading integrated energy leading enterprises, the main business involves power, photovoltaic manufacturing, natural gas, industrial park, new material of integrated circuits, mobile energy and electric industry ecology, and other industries, has more than A shares and H shares listed company, solar power grid, for many years ranked top three top fortune 500 companies, new energy, China's top 500 enterprises of new energy industry first. In 2019 China top 500 enterprises. 166 16th, strategic emerging industry leading enterprise 100 strong, strong manufacturing 500 68th, solar power grid, China's top 500 private enterprises 45th, manufacturing 500 24th. Xin xin integration is association group's a-share listed companies ( 002506. SZ) , committed to making the world's leading integrated circuit material manufacturers, one-stop integrated energy system integrators wisdom.

the main content of the agreement: the parties based on the common understanding of the industry, who are interested in play the synergistic effect of capital and industry, take advantage of poly capital platform and golden concord group, industrial advantage, promote golden concord integration in photovoltaic two-wheel drive development of new energy and semiconductor industry, in order to realize the balanced development of short-term and long-term strategic objectives, solar portal, mutual benefit and win-win, agreed to establish a strategic partnership for the future, including but not limited to business cooperation, capital investment and at the right time to be a golden concord in the form of integrated strategic shareholders and cooperation.

the agreement on the company's business performance will be subject to the influence of the agreement the parties subsequent specific cooperation agreement signed and implemented. If the parties to the subsequent cooperation smooth implementation, solar energy, will help to further improve the company's business. At the same time, the poly group's strategic stake, also will have a positive impact on the company's future development.

in fact, as early as more than a decade ago, golden concord group with poly group begin to the depth of cooperation, then both parties jointly founded the poly golden concord energy holdings co. , LTD. , mainly engaged in the solar industry in polycrystalline silicon and silicon wafer manufacturing and sales business, and engaged in the development of photovoltaic power station, construction, operation and management.

in 2013, poly group in golden concord oil and gas group holdings co. , LTD. , solar portal, then both parties registered poly golden concord oil and gas investment co. , LTD. , is engaged in the exploration and development, storage and transportation, processing, trade sales, terminal use, etc.

the original title: poly, golden concord & other; Again & throughout; : poly capital to take a stake in golden concord integration