On August 8, the groundbreaking ceremony for Gstar's phase one 7GW photovoltaic aluminum frame and mounting system manufacturing base was grandly held in the Vientiane Saysettha Development Zone, Laos. The Chairman ofG-STAR, Mr. Wang, together with leaders from the Saysettha Development Zone and China Construction Eighth Engineering Division, attended and witnessed this ceremony. The launch of this project marks a significant step forward in Gstar's vertical integration supply chain layout in Southeast Asia.

Intelligent Base Leading the Future

The ceremony commenced in a warm and solemn atmosphere, with the presence of the Saysettha Development Zone leader, the General Manager of China State Construction Lao Company, and industry experts, all gathered to witness this important moment. Mr. Wang delivered the opening speech, highlighting that G-STAR's business has expanded from photovoltaic material manufacturing to photovoltaic system services, forming a global strategic layout with headquarters in Singapore, with branch offices in the United States and Taiwan, China and manufacturing centers in Thailand, Indonesia, and Laos. phase one 7GW photovoltaic frame and mountingsystem manufacturing project in Laos will not only complete G-STAR's integrated photovoltaic layout in Southeast Asia but also enhance the supporting facilities for the photovoltaic module industry. Additionally, it will provide high-quality photovoltaic frame and mounting system to industry peers, becoming a powerful capacity to serve global top photovoltaic module manufacturers.

Mr. Wang also expressed his anticipation and gratitude for the project's smooth progress, emphasizing that the quality of photovoltaic aluminum frames, as essential auxiliary materials for photovoltaic modules, directly affects the overall performance and lifespan of photovoltaic systems. G-STAR is committed to creating a technologically advanced, environmentally efficient, and high-quality framemanufacturing base, providing high-quality photovoltaic aluminum frame products for the global photovoltaic market.

AmbitiousLayout,Powerful Action

The Gstar Laos Phaseone aluminum frame production base covers an area of 50,000 square meters with a total investment of approximately 500 million yuan. Upon reaching full capacity, the production base will achieve an output of 30,000 tons, meeting the frame demand for 7GW photovoltaic modules. Along with the Phase two capacity expansion, the overall capacity plan will reach 12GW.

Global Photovoltaic Integrated Supply ChainLeader

As world economic globalization profoundly drives industrial structure upgrades, G-STAR, a leading enterprise in global supply chain solutions, has been closely following the upgrade wave of the photovoltaic industry since its establishment in 2019. It has gradually transitioned from a photovoltaic material trader to an integrated photovoltaic product solutions provider. The business covers a wide range of areas, from photovoltaic material manufacturing to photovoltaic system services, including silicon materials focused onsilicon pulling and N-type wafers, metal materials focused on frames and mounting system, and photovoltaic module manufacturing and system services concentrating on N-type and HJT technology. Gstar has established a global strategic layout with its headquarters in Singapore, with branch offices in the United States and Taiwan, China and manufacturing centers in Thailand, Indonesia, and Laos. Our products are exported to North America, Europe, and the Asia-Pacific regions.

As a pivotal player in theclean energy sector, Gstar will continue to focus on optimization of the supply chain, relying on advanced technology and efficient capacity to inject continuous power into the widespread application of green energy and sustainable development globally. We firmly believe that through relentless efforts, Gstar will lead the globalclean energy industry towards a more brilliant future.