The "Golden Sun Demonstration Project" is a policy implemented by the country in 2009 to support the domestic promotion of technological progress and large-scale development of the photovoltaic power generation industry, and to cultivate strategic emerging industries. The "Golden Sun" project is another major fiscal policy after the Chinese government issued a subsidy of 20 yuan per watt for photovoltaic buildings, which will timely promote the development of photovoltaic power generation projects in China. On July 21, 2009, the Ministry of Finance, the Ministry of Science and Technology, and the National Energy Administration jointly issued the ''Notice on the Implementation of the Golden Sun Demonstration Project'', and decided to comprehensively adopt financial subsidies, scientific and technological support and market pull methods to accelerate domestic photovoltaic development
The "Golden Sun Demonstration Project" is a policy implemented by the country in 2009 to support the domestic promotion of technological progress and large-scale development of the photovoltaic power generation industry, and to cultivate strategic emerging industries. The "Golden Sun" project is another major fiscal policy after the Chinese government issued a subsidy of 20 yuan per watt for photovoltaic buildings, which will timely promote the development of photovoltaic power generation projects in China.
On July 21, 2009, the Ministry of Finance, the Ministry of Science and Technology, and the National Energy Administration jointly issued the ''Notice on the Implementation of the Golden Sun Demonstration Project, ''and decided to adopt a comprehensive approach of financial subsidies, scientific and technological support, and market pull to accelerate the industrialization of domestic photovoltaic power generation And large-scale development. The three ministries and commissions plan to adopt financial subsidies to support photovoltaic power generation demonstration projects of no less than 500 megawatts within 2-3 years. It is estimated that the state will invest about 10 billion yuan in financial funds for this purpose.
In response to the call of the group company to develop a new photovoltaic industry and sell new products, the group's major customer department has successfully sold the PV-1-F 1*4.0mm ² photovoltaic cable produced by Jiangsu company and applied it to the "20MW photovoltaic power generation project of Zhangjiang power collection port of golden sun demonstration project". This has established a good start for the Group to successfully achieve the market sales target of photovoltaic cables in 2011.