Wei Wei shares Tsinghua to develop graphene solar cell technology

Wei Wei shares Tsinghua to develop graphene solar cell technology

Weiwei (300317) announced on the evening of September 11 that the company recently signed a technology development contract with Tsinghua University (“Party B”). Based on the technology of nanocarbon-crystalline silicon solar cells, the two sides "Silicon thin film solar cell research" project to carry out technical development. The cooperation period is 3 years. The project development funds and remuneration is the total contract price of 3 million yuan, provided by Wei Wei shares.

The cooperation includes nano-carbon materials including graphene and carbon nanotubes, which have great application prospects in the field of solar cells. Party B carried out original research work on nano-carbon-based solar cells and has produced nano-carbon-crystalline silicon solar cells with a conversion efficiency of more than 10%, and legally enjoyed related rights, including but not limited to patent rights and other legal rights.

In order to reduce the cost of the battery and promote the application of nano-carbon-silicon solar cells, Party A entrusted Party B to conduct research on the technology development of graphene-silicon thin-film solar cells based on existing nano-carbon-crystalline silicon solar cells.

On the same day, the company announced that the company’s wholly-owned subsidiary, Weiwei Technology (Hong Kong) Co., Ltd., plans to acquire the entire equity of the European company Lion & Dolphin A/S (L&D) at a maximum price of up to US$10 million. Hao Wei Technology recently signed an agreement with all shareholders of L&D.

According to the equity transfer agreement signed by Haowei Technology and the seller, within three years after the completion of the acquisition, Haowei Technology, a wholly-owned subsidiary of the company, will pay the seller a total of no less than US$5.5 million and no more than US$10 million in accordance with the company’s operating performance. The equity transfer price. Hao Wei Technology will pay the first period of 4 million US dollars of equity transfer on the effective date of the agreement, and the payment progress and amount of the subsequent transfer of equity (second, third, and fourth phase) needs to be determined based on the operating performance of the target company.

L&D is headquartered in Europe, mainly engaged in LED lighting business, the company has been established for nearly 20 years, has a perfect localization team, better industry operations and customer accumulation, and has "Duracell" lighting brand in addition to North America, China With the authorization, business performance has steadily increased in recent years.

Wei Wei said that after the merger and acquisition of L&D, the company will fully leverage its resources on the basis of its stable business, increase capital and R&D investment, conduct business and product integration, and the company will have a “Duracell” lighting brand. In addition to global licensing outside China, to achieve global sales of “Duracell” lighting brands and company-owned brands, the company’s business in the European market is expected to achieve substantial growth after the acquisition is completed.

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