According to the announcement submitted to the Shenzhen Stock Exchange, the board of directors of Sunshine Power unanimously reviewed and passed a bill on the company's overseas issuance of GDR and listing on the Frankfurt Stock Exchange in Germany. It is planned to raise no more than RMB 4.88 billion in total capital through the issuance of the GDR. The funds raised will be used for projects such as the manufacture of advanced energy storage equipment and the construction of an R&D center in Nanjing. The GDR listing plan is subject to approval by regulators and shareholders.

According to the announcement submitted to the Shenzhen Stock Exchange, the board of directors of Sunshine Power unanimously reviewed and passed a bill on the company's overseas issuance of GDR and listing on the Frankfurt Stock Exchange in Germany. It is planned to raise no more than RMB 4.88 billion in total capital through the issuance of the GDR. The funds raised will be used for projects such as the manufacture of advanced energy storage equipment and the construction of an R&D center in Nanjing. The GDR listing plan is subject to approval by regulators and shareholders.