Swiss-based PV equipment supplier, Komax has signed a cooperation agreement with Yingkou Jinchen that will see Komax acquire a majority stake (51%) in newly formed Komax Jinchen. The move by Komax is to penetrate the Chinese market and add more laminators to its product range.
Yingkou Jinchen was formed in 1994 and is a supplier of lamination equipment and automated production lines. The new company was said to employ around 100 people at its production site in Yingkou City ,Liaoning Province, China.
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Yingkou Jinchen has supplied module production lines to Canadian Solar, Jiangyin Hareon Solar and Jiangsu SAINTY International Group in the last 12-months.
