On September 27, CSG A released a resolution announcement from its ninth board of directors’ interim meeting. The announcement stated that the interim meeting of the ninth board of directors of China CSG Holding Co., Ltd. was held virtually on September 25, 2025. The proposal to invest in the construction of a new photovoltaic glass production line in Egypt was passed with 7 votes in favor, 0 against, and 0 abstentions.
According to the announcement, the company plans to invest in a new photovoltaic glass production line project in Egypt. The project involves building a 1,400 T/D kiln with five photovoltaic rolled glass lines and four supporting tempering and coating processing lines. Construction will commence after obtaining relevant government approvals and is expected to take three years. The total planned investment for the project is approximately RMB 1.755 billion, though the final investment amount and construction timeline will depend on actual expenditures and progress.
