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January 19, 2024, leading precision solution tech enterprise, SPS has taken another advanced step and signed a contract in Yangzhou, Jiangsu Province, in order to kick off the decoration of "SPS Perovskite Industrial Park" in Yangzhou Economic and Technological Development Zone. The 200 acres of SPS perovskite industrial park is the pioneer integrated facility in China, focusing on the research and development of smart integration technology of perovskite equipment, the manufacturing of 2nd level equipment and components, as well as the construction of the new perovskite demon platforms. A full-dimensional R&D and industrialization base for the industry.

Together with the Economic Development Zone committee, SPS will start the renovation of the 38,000-square-meter building and the first batch of equipment orders this month. Highlight of the first phase is the 100-megawatt demonstration line, which is expected to be completed by the end of October this year and open to the whole industry to support large, fast, and cost saving development of perovskite industrialization. At the same time, SPS will also arrange for the introduction of other new equipment lines, including the construction of a new crystalline silicon perovskite tandem pilot line.

The SPS Perovskite Industrial Park has integrated technical facilities, which can fully exert the agglomeration effect of leading enterprises, continue the perovskite ecosystem plan launched by SPS in October 2023, and further integrate other key equipment manufacturers. The SPS ecosystem is an open and dynamic loop, and two batches of first-class partners have signed contracts.

To land the localized supply chain, is one the key missions of the SPS perovskite Industrial Park.

SPS plans to hold the second SPS Perovskite Industrialization Pioneer Roundtable Forum in the fourth quarter of 2024. At that time, the SPS Perovskite Industrial Park will showcase our work to the entire industry.

The construction of a high-quality SPS perovskite industrial park has been strongly supported by the Yangzhou Municipal Government and top domestic capital institutions.

The reason for joining hands with Yangzhou

Yangzhou is proud of her first-class business environment, high efficient, very competitive. Its geographical location also superior, located in heart of Yangzhou Economic and Technological Development Zone, within an hour's high-speed rail drive from the important photovoltaic manufacturing enterprises in Jiangsu, Zhejiang and Huizhou, which is conducive to providing the best service in the future; Considering the needs of best talents, Yangzhou's living conditions and cultural environment are also very attractive.

Strengthen service support and create a new chapter of development

At present, the SPS loop includes SPS Suzhou, SPS Shanghai and the upcoming Yangzhou base. The SPS Suzhou base is currently operating at full capacity, and will focus on the core SPS three-piece equipment, continues to serve both perovskite and other precision coating customers. After the fruitful 2023, the Suzhou base has established an increasingly mature and high-quality cooperative relationship with the strong PV supply chain in southern Jiangsu.

SPS has established two perovskite bases in 12 months, efficiently and meticulously prepared the infrastructure for the development of the perovskite industry, and provided a public platform for the industry. In addition, we will accelerate the construction of service sector such as technical services and spare parts center, so that customers can enjoy easy-to-reach and seamless support, and SPS will also roll out more value-added actions in 2024.

As the company's founder and chairman Dr. Wang Jinshan has always emphasized, SPS has shown its solid confidence in the perovskite industry by thoughtful investment and solid actions, which is a highly promising industry that presents numerous opportunities.

2024 will be a big year for perovskite application and installation demonstration, and we look forward to working with customers and stakeholders to build the perovskite industry and jointly open its own golden era of perovskite." "The new journey is far, but the river and mountain view is brilliant, just take the mission fearless."