Recently, Versolsolar Hangzhou Co., Ltd. (hereinafter referred to as "Versolsolar ") held a project investment signing ceremony with the People's Government of Pingluo County, Ningxia, and signed the "Investment Agreement". Zhao Wanjin, executive vice president of Versolsolar, Zhu Zhiwen, vice chairman of Versolsolar and general manager of new energy, Yang Zhanbin, deputy magistrate of Pingluo County People's Government, Tan Jingtao, director of Pingluo County Commerce and Investment Promotion Bureau, and other leaders attended the meeting.

At the signing ceremony, President Zhao Wanjin said that from the preliminary research to the signing of the contract, he fully felt the affirmation and support of Shizuishan Municipal Party Committee and Pingluo County Government for Versolsolar, which made us very encouraged and deeply responsible. In the subsequent cooperation projects, a photovoltaic support production base will be built in Pingluo County, and the annual production capacity will reach 3-5GW after it is put into operation. Versolsolar has been deeply involved in the photovoltaic industry for more than ten years, and will actively leverage its own advantages in technology research and development to help Pingluo County accelerate the adjustment of the photovoltaic industry-based industrial structure with new energy, and work together to promote the economic and social development of Pingluo County.

County Mayor Yang Zhanbin highly affirmed Versolsolar's scientific and technological achievements and industry reputation in the field of photovoltaicfor many years, and expressed a positive attitude towards future cooperation with Versolsolar. He said that the photovoltaic project is of great significance to speed up the adjustment of industrial structure in Pingluo County and promote the development of new energy industry. Pingluo County will set up a project promotion and coordination leading group, which will be responsible for assisting Versolsolar in the project industry in Pingluo County, to provide high-quality, convenient and efficient services for the project, and to improve the various procedures before the start of construction as soon as possible, so as to promote the early start of the project. Construction, work together with Versolsolar, give full play to their respective advantages, and achieve win-win development as soon as possible.

With the advancement of the construction of large-scale wind power photovoltaic bases, the northwest region is at the forefront of the development of the photovoltaic industry by virtue of its unique geographical advantages. Take advantage of the momentum to open mountains and rivers, and move forward regardless of wind or rain. The establishment of the Versolsolar project industry in Pingluo County, Ningxia is a positive response to the national "Belt and Road" initiative, "Western Development" and "Made in China 2025" strategic planning, and it is another advancement of the company in the northwest sector. The layout of the northwest region, and with the help of the government, strive to develop and deepen the market in the northwest region, and then consolidate the basic strength of the domestic market, etc., all have very important and far-reaching practical and strategic significance.