LAPLACE listed on SSE STAR Market

LAPLACE Renewable Energy Technology Company (LAPLACE) with stock symbol 688726.SH, an investment of Guangzhou Development District (GDD) Industry Fund Investment Group Company, has launched its initial public offering on the SSE STAR Market. This milestone makes LAPLACE the third photovoltaic (PV) enterprise in China to go public on A-shares in 2024.

View of the inside of LAPLACE. [Photo/WeChat account: guangzhougaoxinqu]

Founded in 2016, LAPLACE is a leader in advanced PV cell manufacturing equipment and solutions, focusing on high-performance thermal processing, coating, and automated systems. The company's core technologies, including the latest TOPCon, ABC, and HPBC cell technology advancements, support high-efficiency PV cell production. Between 2019 and 2023, LAPLACE's technology broke global efficiency records over 10 times in partnership with firms like Jinko Solar and LONGi Green Energy Technology.

Since 2017, GDD Industry Fund Investment Group Company has supported emerging industries through a comprehensive investment ecosystem, aligning with Guangzhou's innovation goals. By providing equity investment to LAPLACE, the group also facilitated the setup of LAPLACE's high-end PV equipment research and development base within Huangpu.

Huangpu is committed to emphasizing innovative investments and precision industry services to strengthen local industrial chains, ensuring robust growth in emerging technologies.

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