On September 10, 2026, Drinda disclosed on the investor interaction platform that the efficient battery base in Türkiye, which the company has a stake in, has been put into operation. At present, the production capacity is climbing smoothly. From the trial production phase disclosed on July 3, 2026, to now achieving production and operation, a phased leap was completed within about two months. This global leading supplier in the field of NTOPCon battery is setting up overseas production capacity in Türkiye in the form of equity participation, opening up a new path for local manufacturing and compliant delivery of photovoltaic to the sea.

From trial production to operation

Türkiye's high-efficiency battery base is the core of Drinda's promotion of overseas production capacity localization layout. According to a research report by a securities firm, the first phase of the base is planned to have a production capacity of 2.5GW and will be put into operation by the end of the first quarter of 2026. Currently, it has been successfully released and entered the stage of capacity ramp up. The above data comes from a securities research report and is not the official disclosure statement of the company. The leap from trial production to production and operation means that the base has stable mass production capabilities. At the same time, Drinda disclosed that its commercial aerospace sector is currently in the early stage of commercialization cultivation, which contributes little to the overall revenue and profits. The commissioning of Türkiye's battery base is a more substantial part of the current overseas strategy of the main photovoltaic industry.

Location value connects the supply channel to the United States

Drinda chose Türkiye as the location of overseas production capacity, focusing on the value of regional channels under international trade barriers. Türkiye has signed relevant tax union agreements with the EU and free trade agreements with many countries. According to the opinion of the Securities Research Newspaper, the production of the Türkiye base will help Drinda open up the channel for supplying compliant battery chips to the U.S. market, and the profitability of a single watt has greater advantages than that of the non-U.S. market. This statement is a research report analysis and prediction, not a confirmation by the company to open up the supply channel to the United States. In recent years, Europe and the United States have continued to impose tariffs on Chinese photovoltaic products. The demand for Chinese photovoltaic enterprises to bypass into high-value markets through overseas localized capacity is increasingly urgent. The Türkiye base is the specific practice of this strategy. Keywords: the Belt and Road news network, enterprise industry, battery

New path for overseas expansion through equity participation model

Drinda participates in the Türkiye base in the form of equity participation rather than holding, obtaining overseas capacity supply capacity and market access with lower capital investment and risk exposure, while retaining the synergy space with local partners. For Chinese manufacturing companies that hope to quickly achieve the landing of overseas production capacity but are unwilling to bear all operational risks, the equity participation model provides a noteworthy intermediate path. From product export to local production, overseas production capacity is becoming a standard action for Chinese photovoltaic companies to cope with trade barriers. Türkiye's own photovoltaic market is also growing rapidly. In the first half of 2026, 2.1GW of new installed capacity will be added, with a cumulative installed capacity of about 26.9GW. The government plans to achieve the goal of 120GW of total installed capacity of photovoltaic and wind power by 2035 with an investment of about 80 billion dollars. The capacity layout of Drinda in Türkiye can not only serve the local market, but also radiate the surrounding areas, providing China's photovoltaic industry with practical samples of the global layout of compliance delivery from selling batteries to local manufacturing.Editor/Gao Xue