On July 31, Jingyuntong made an announcement stating that the company's Phase I 12GW monocrystalline silicon ingot-pulling and wafer-slicing project in Leshan has been officially operational for five years. As per the agreement, the company possesses the right to repurchase the equity stake held by its joint venture partner, Leshan High-Tech Investment, in the project company. Presently, both parties are engaged in discussions concerning the extension of the equity repurchase, with the specific plan awaiting approval.
