Taiwan Shanjing will develop a 100MW solar power plant in Shaanxi

Taiwan's LED equipment factory and solar energy factory Shan Jing announced that it will develop a 100MW solar power plant in Shaanxi, Chinese mainland, which is the largest single power plant
in Taiwan to date.

Shan Jing, who started with the production of LED equipment, has stepped into the solar equipment industry and developed solar power plants in Japan, acting as
a system manufacturer and developer.
Although Japan has been vigorously promoting solar energy since the Fukushima nuclear disaster, the recent decline in subsidies and the shrinking of the domestic market have led Shan to withdraw from the Japanese market and shift his target to Chinese mainland and seize the large demand
of the 13th Five-Year Plan.

After one year of hard work, Shan Jing successfully obtained the construction of the Yulin Solar Power Plant in Shaanxi Province, China, with a capacity of 100MW, which will be carried out
in two phases.
The first phase of 50MW has started construction, and it is expected that the construction and grid-connected power generation will be completed this year; The second phase of 50MW is expected to start construction
next year.

Yulin, Shaanxi Province, has 2,700 hours of sunshine per year, and the annual power generation capacity of the first phase of 50MW is expected to reach 135 million kWh
.
After the completion of the two phases, Shan Jing estimates that the power plant can contribute NT$2 billion in revenue during its power generation life
.
Shan said he would act as developer and EPC, and the power station would be sold
after it was completed and connected to the grid.

At the same time, the board meeting of Shan Jing will pass the implementation of treasury shares, and buy back 4,000 shares from today (14), with a price area of NT$55~100 per share
.
Shan Jing also plans to allocate a cash dividend of 0.
2 yuan and a stock dividend of 0.
8 yuan
.