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Longking Environmental Protection: Plans to jointly invest with EVE Energy to establish a joint venture company
Longi Environmental Protection Announcement: The company plans to jointly invest with EVE Energy to establish a joint venture company, jointly building a 60GWh large-capacity energy storage battery factory. The registered capital of the joint venture is 900 million RMB, with EVE Energy holding 80% and Longi Environmental Protection holding 20%. The increase in registered capital in the future will be decided through negotiations based on the development of the joint venture company; both parties will proportionally increase their contributions according to their equity ratios and make the actual payments. Longi Environmental Protection’s total contribution will not exceed 240 million RMB.