FIRST Invests RMB 25 Million in Space Solar Power Partnership with Tongxin Derun Venture Capital
STRATEGIC MINERALSSOLAR ENERGY
FIRST has signed a partnership agreement with Tongxin Derun Venture Capital to form the Jiaxing Deke Equity Investment Partnership, contributing RMB 25 million. The partnership's total capital is RMB 32.11 million, with FIRST holding a 77.86% share. The focus will be on investing in companies developing flexible thin-film gallium arsenide solar cells, which are crucial for high-value aerospace applications.

Feb 5, 2026, 6:17 AM