On December 17, Haiyou New Material announced that the company intends to set up a company in Jintang County, Chengdu City, Sichuan Province, and build a special polymer film production project .

The announcement shows that the newly established subsidiary is tentatively named "Chengdu Haiyouwei Applied Materials Co., Ltd.", with a registered capital of 50 million yuan, and its business scope covers the manufacture and sale of photovoltaic equipment and components, research and development and sales of electronic special materials, etc. The company is funded by Haiyou New Material with its own funds or self-financing funds. The total investment of
the macromolecule special adhesive film production project is about 300 million yuan . It is planned to lease 30,000 square meters of standardized workshop for construction. The main construction content is the production line of macromolecule special adhesive film, including EVA adhesive film, POE adhesive film and PVE packaging adhesive film. It is mainly used in TOPCon, BC, HJT and other high-efficiency photovoltaic modules and other main products. The project adopts the method of overall planning and phased implementation. The project is expected to start on March 1, 2026, with a construction period of about 24 months. At present, the investment project is in the preparatory stage .
Haiyou New Material said in the announcement that the project does not involve new capacity and belongs to the structural adjustment of the company's stock capacity. The smooth implementation of the project will help the company to improve the geographical and capacity layout of existing products, consolidate the industrial foundation of existing products, better serve core customers, reduce production costs and transportation costs, and enhance the compr ehensive competitiveness of the company.
On the same day, Haiyou New Material also announced that it intends to use its own funds to increase its capital by 70 million yuan to Taizhou Haiyouwei Applied Materials Co., Ltd. In order to meet the business production and operation needs of Taizhou Haiyouwei, and further enhance the comprehensive competitiveness of the subsidiary. According to

the data, Taizhou Haiyouwei's main business is the production and sale of photovoltaic film . In the first three quarters of 2025, the company realized revenue of 576 million yuan and net profit loss of 0.38 billion yuan.
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