2.4998 Billion Yuan! GoodWe to Raise Funds for Inverter and Energy Storage Production Bases

PVTIME – GoodWe Technologies Co., Ltd. (688390.SH), a global solar solutions provider, announced on November 17 that it intends to raise a funds of no more than 2,499,800,000 yuan by issuing A-shares, and the raised funds will be invested in the following projects after deducting the issuance expanses.

The expected profits of both projects is good. The estimated annual operating income of the No.1 project is 6,425,404,900 yuan, and the average annual after-tax profit is estimated to be 648,869,400 yuan. The after-tax internal rate of return is 36.28%, and static investment payback period after income tax will be 5.49 years including the construction period.

And the estimated annual operating income of the No.2 project is 4,795,260,200 yuan, and the average annual after-tax profit is estimated to be 481,355,700 yuan. The after-tax internal rate of return is 39.56%, and static investment payback period after income tax will be 5.19 years including the construction period.

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