Southglass Group invested 350 billion yuan to build TCO coated glass production line

Southglass Group A decided to build a new TCO coated glass production line in order to consolidate its position in TCO glass area. The project is planned to be invested 5350 billion yuan and divided into two phases with four production lines. The annual output can reach 2520000 ㎡ per year. The first phase with two production lines will be finished and began to operation in the early of 2011; the second phase will be finished in 2012.

Southglass Group A also made a decision to rebuild and expand the Polysilicon Project in Yichang, improving the annual output from 1500 tons to 2000 tons. The project is planed to be invested 139 biilion yuan and will be finished in the Q2 of 2011.

In 2009, the sales and income of Southglass Group A all crated a new history. Its revenue is 527.9 billion yuan, an increase of 23.53% more than that in the last year.