Deye Co., Ltd. announced that in 2024, the company will issue 35,997,120 shares to specific targets, raising a total capital of 1,999 billion yuan and a net amount of 1,992 billion yuan. In 2025, after review, the company agreed to terminate the “25.5GW annual output string and energy storage inverter production line construction project” and add a “7GWh industrial storage production line project with an annual output of 7 GWh”. As of the date of disclosure of the announcement, the balance of the three special fund-raising accounts of the Bank of Communications Ningbo Beilun Branch, CCB Ningbo Daqi Branch, and the Agricultural Bank Ningbo Daqi Branch was zero. Accounts have been sold, and the tripartite supervision agreement has been terminated.

Deye Co., Ltd. announced that in 2024, the company will issue 35,997,120 shares to specific targets, raising a total capital of 1,999 billion yuan and a net amount of 1,992 billion yuan. In 2025, after review, the company agreed to terminate the “25.5GW annual output string and energy storage inverter production line construction project” and add a “7GWh industrial storage production line project with an annual output of 7 GWh”. As of the date of disclosure of the announcement, the balance of the three special fund-raising accounts of the Bank of Communications Ningbo Beilun Branch, CCB Ningbo Daqi Branch, and the Agricultural Bank Ningbo Daqi Branch was zero. Accounts have been sold, and the tripartite supervision agreement has been terminated.