# Jinchen Machinery to invest 1 billion yuan in intelligent factory and PVD equipment

Yingkou Jinchen Machinery Co., Ltd. announced a share issuance to raise up to 1 billion yuan to invest in an intelligent manufacturing base in Suzhou and a PVD equipment production project for solar cells.

- Type: Investment
- Announced: 2023-03-02
- Where: Suzhou, Jiangsu Province, China
- Value: $145.0M (1.00B CNY)
- Status: announced
- Products: PV module and cell production equipment, PVD equipment for HJT solar cells
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Yingkou Jinchen Machinery](https://endata.com/companies/68896.md)

## Sources

- [pvtime.org](https://www.pvtime.org/1-billion-yuan-jinchen-machinery-to-build-intelligent-factory-and-solar-pvd-equipment-project/), 2023-03-02: "it will issue shares to specific targets with a maximum amount of 1 billion yuan to invest in an intelligent manufacturing base in East China and PVD equipment for solar cells"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.