November 22, 2023, the TOYO SOLAR Appreciation Dinner with the theme "Sail to success by working together for a shared future" was grandly held in the Phu Tho Province of Vietnam. The event brought together over 200 distinguished guests, including Mr. RYU JUNSEI, CEO of Abalance Group, the Japanese parent company, Mr. WATANABE SHIGE, minister extraordinary and plenipotentiary of embassy of Japan in Vietnam, Mr. NGUYEN THANH HAI, deputy Chairman of Provincial People's Committee, Mr. TRUNG KIÊN, presidentof BIDV BacGiang Branch, and representatives of various customers, to celebrate the successful completion and operation of TOYO SOLAR N-TOPCon Cell Smart Factory I.
Representatives from Abalance Group, the Vietnamese government delegation, a delegation from Vietnamese banks, and long-term cooperative customer representatives took a visit in TOYO SOLAR factory. The total investment in TOYO SOLAR N-TOPCon Cell Smart Factory I was 200 million USD, with a current capacity of 4GW per year and a planned capacity of 4GW for Phase II. The project has already achieved the overall expected goals, demonstrating a stable development momentum. The modern and automated production lines, clean and modern environment, well-organized production process, and rigorous on-site management and quality control left a deep impression on the visiting guests.
During the appreciation dinner, Representatives expressed their recognition and appreciation for the successful completion of TOYO SOLAR N-TOPCon Cell Factory I. The completion and operation of TOYO SOLAR N-TOPCon Cell Factory I were made possible by the recognition and trust of investors and partners, the support of the local government in optimizing the business environment, and the dedicated efforts of the builders and TOYO employees who have been with the project since its inception. TOYO SOLAR will continue to deepen its presence in Photovoltaic industry, advance in the journey of harnessing solar energy, drive innovation to provide high-quality products and services to the market, and further enhance communication and cooperation with various sectors to share development opportunities and create a better future together.