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Junda Shares Announces Termination of 5GW High-Efficiency Cell Project in Oman
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Author：小编
Junda Shares has announced the termination of its planned 5GW annual high-efficiency cell production base in Oman. The decision was driven by international trade frictions, geopolitical uncertainties in the Middle East, and changes in photovoltaic technology export policies, which have rendered the project no longer viable. The remaining H-share proceeds of HKD 963 million, originally earmarked for the project, are now proposed to be reallocated toward photovoltaic cell research and development, technological upgrades, production line renovations, strategic procurement of raw materials, and supplementing working capital. The matter remains subject to approval by the shareholders' meeting.
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