Countdown to Production! The first batch of production equipment at ReneSola's Yancheng facility has arrived on site successfully!

As we approach the year 2025, ReneSola has reached another significant milestone. On January 15, 2025, the first batch of production equipment for the initial phase of the 5GW photovoltaic (PV) module project at ReneSola's Yancheng production base was deployed. The Yancheng production base has now fully entered the final stages of preparation before production begins. This development signifies that ReneSola is poised to embark on a new chapter in its journey toward industrial upgrading and high-quality development.

With the full support of the local government, ReneSola's Yancheng base has been under construction since March 2024. After a period of intensive, efficient, and orderly development, the project has now reached the critical stage of equipment installation by the end of the year. The Yancheng manufacturing base is planned to be constructed in two phases. The first phase has successfully completed the installation of equipment and has entered the substantial production preparation stage. Simultaneously, preparations for the construction of the second phase of the plant are also progressing, which will ultimately yield a production capacity of 5 GW of cells and 10 GW of modules upon full operation.

By adopting a dual-line parallel high-efficiency production model, the ReneSola Yancheng base has not only significantly expanded its production scale but has also further enhanced its production capacity. This improvement in production efficiency will more effectively support the diverse needs of global customers, laying a solid foundation for the company's industrial upgrading and market expansion.

Next, the follow-up process will be efficiently advanced. A series of key elements, including positioning, installation, and commissioning, will be meticulously organized to ensure that each step is precise and error-free. This will accelerate the rapid increase in production capacity and establish a solid foundation for the official commissioning.

✦ Yancheng Production Facility

The Yancheng production base is a crucial pillar of ReneSola's industrial development and holds significant strategic importance. Spanning an area of 350 acres, the base represents a total investment of 5 billion RMB. The establishment of this base has enhanced ReneSola's positioning in the new energy sector, bolstered its competitiveness in the global market, and laid a solid foundation for the company's long-term growth. Furthermore, it has significantly advanced ReneSola's steady progress toward industrial upgrading.

In its future development, ReneSola will continue to increase investments in scientific and technological innovation, actively establish a comprehensive new energy industry chain, and contribute significantly to the construction of a clean, low-carbon, safe, and efficient modern energy system. This commitment will inject new vitality into the realization of high-quality development for the local economy.