Golden Solar New Energy Technology Holdings Limited (“Golden Solar”) (Originally Baofeng Modern International Holdings Company Limited) is an investment holding company listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 1121). Earlier on, Golden Solar’s subsidiary, Quanzhou Baofeng Shoes Co., Ltd. engaged in manufacturing and selling slippers, flip-flops, sandals and casual footwear for Original Equipment Manufacturer customers and design and manufacture of slippers under its own brands of Boree and Baofeng in China.

The company began to transform its business model from several years back. In addition to completing the acquisition of technological know-how in graphene materials technology, Golden Solar has been selectively hiring scientists and researchers. Since then, the company has successfully commercialized the graphene materials technology and its application in footwear and air purification devices, thus repositioning itself. from a traditional manufacturing company to a materials science company.

After many years of continuous endeavors, a new technology was developed in September 2020, whereby Cast-mono wafers are utilized to manufacture high efficiency Heterojunction with Intrinsic Thin Layer (“HJT”) cells (with conversion efficiency >24.0%). The calibration certificate for the HJT cells manufactured by the company was issued by Fujian Metrology Institute (National PV Industry Measurement and Testing Center) in December 2020. The company then acquired casting furnaces in January 2021, thus officially initiated the manufacturing of Cast-mono silicon wafers.