Eco-dynamic, a Golden Solar Subsidiary, Unveils World's First Colorful Solar Awning

Launching a New Era of High-EndPV Products for Home Applications

QUANZHOU,China,June 21,2023 -- Golden Solar New Energy Technology Holdings Limited ("Golden Solar") (stock code: 1121.HK) and its wholly-owned U.S. subsidiary,Eco-dynamic,participated in the All in CARAVANING China exhibition. During the event,Eco-dynamic hosted a new product launch and formally released its latest innovation,Artpiece for RV 1000W,the world's first colorful solar awning designed specifically for recreational vehicles.

Golden Solar,in collaboration with its technology-focused subsidiary Eco-dynamic,showcased their latest breakthrough in the RV industry at a prominent international event. They unveiled a groundbreaking product—the world's first colorful,fully-wound,electric solar awning. Notably,this awning represents a significant milestone as the first mass-produced,high-end photovoltaic (PV) product specifically intended for consumer and home applications. The introduction of this innovative awning underscores the group's commitment to innovation and showcases their cutting-edge PV technologies.

The transition from a business-to-business (B2B) model to a business-to-consumer (B2C) framework has presented significant challenges for the PV industry. B2C products offer substantially higher gross profits compared to their B2B counterparts,but breaking into the consumer market entails formidable entry barriers. Consumer satisfaction relies not only on practicality,efficiency,safety,and ease of installation but also on aesthetic appeal. Customer-centric technical support systems and diverse product lines are essential components to meet consumer demands. With an increased awareness of the environment among the general public,and policies in place to support it,the consumer end of the PV market has great potential. With a deep understanding of the consumer market and a robust array of technologies to match,Golden Solar's foray into consumer applications will create new profit growth points,facilitate overall improvement in the product lineup and accelerate the development of new products.

Eco-dynamic's unwavering dedication to advancing sustainable energy solutions is evident in their latest innovation. The recently introduced Artpiece for RV 1000W is a remarkable solar awning that exemplifies their commitment. The groundbreaking product incorporates lightweight and flexible 360-degree HJT solar modules,which serve as a sustainable alternative to conventional awning fabric materials. The integration of solar power and sun shading in the Artpiece for RV 1000W has the potential to revolutionize the features and aesthetics of conventional RV awnings.

"A solar product should not just be a practical device,but also an attractive piece of art," emphasized Michael Soon,Vice President of Business Development at Eco-dynamic. "With our in-depth expertise in the solar industry that we have developed over recent years,we spare no efforts in taking the user experience to a higher level by incorporating aesthetic creativity into the designs of our outdoor and home products. Artpiece is our first product of its kind and now the only solar solution in the world featuring colorful patterns."

To fulfill the RV community's and environmentalists' expectations,Eco-dynamic implemented advanced KALAFLEX technology to coat the solar cells with durable,vibrant color patterns. These patterns retain their colorfastness over an extended period,providing RVs with a distinct and personalized appearance while promoting eco-friendliness during travel.

Furthermore,the solar awning boasts full functionality to cater to various needs. It generates electricity throughout the day and is equipped with LED lights for nighttime illumination. It is easy to use,with a one-touch control feature enabling the solar module to roll up into a space-saving compact size. In addition,Artpiece showcases the implementation of robust ETFE technology,ensuring durability in demanding outdoor environments by providing waterproof,UV-resistant and chemical-resistant properties.

Representing a groundbreaking advancement in the industry,this vibrant solar awning presents a sustainable and eco-friendly energy solution. The launch of the product is expected to dramatically change the lifestyle and travel experience for RV users,enabling them to travel with less reliance on traditional energy sources and with more autonomy and the flexibility to explore more remote destinations.

"Eco-dynamic Tech's introduction of the Artpiece for RV1000W solar awning marks a significant milestone in the solar product landscape,positioning it as a premium household offering," said He Shuangquan,CEO of Golden Solar. "It is also the beginning of Golden Solar's success in leading the change in high-end applications. As the inventor of crystalline-silicon fully flexible PV modules,our group has many years of experience and strong technical advantages in the retail consumer product segment of the market. In the future,we plan to launch more high-end PV products for home application scenarios,to create a sustainable and high-quality living experience for consumers and play our part in building a green and low-carbon society." The official website of Eco-dynamic Tech,www.econamictech.com,has been launched,offering interested individuals the opportunity to pre-order the Artpiece RV1000W solar awning at a 25% early-bird discount.