Tianyang New Materials (603330.SH): Subsidiary involved in photovoltaic encapsulation film project suspends production.

Wisdom Financial News APP, Tianyang New Materials (603330.SH) announced that the company's board of directors has approved the proposal "Regarding the cessation of production of the subsidiary company related to the company's photovoltaic encapsulation film project." Based on the current situation of changes in the photovoltaic industry market, in order to create greater benefits for shareholders and investors, improve the company's profit level, increase the efficiency of fundraising, and ensure the long-term stable development of the company, after careful evaluation, the company plans to discontinue the photovoltaic encapsulation film related business.