SINGULUS TECHNOLOGIES Expands Solar Equipment Portfolio: Comprehensive
Solutions from Cell to Module Lines for HJT and TOPCon

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Strategic Company
Decision/Alliance
SINGULUS TECHNOLOGIES Expands Solar Equipment Portfolio: Comprehensive
Solutions from Cell to Module Lines for HJT and TOPCon

17.06.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Press Release

SINGULUS TECHNOLOGIES Expands Solar Equipment Portfolio: Comprehensive
Solutions from Cell to Module Lines for HJT and TOPCon

* Joint Venture with Leading PV Equipment Manufacturer JINCHEN

* New Enterprise SINGULUS SOLAR GmbH established

  * Strategic Partnership Delivers Reliable PV Cell and Module Production
    Lines, Offering Single Equipment and Turn-Key Solutions for the Global
    Market

  * European/US Technical & Service Centers Provide Quick Turnaround and
    Local Expertise, backed up by both Companies' Headquarters and
    Operations Teams

Kahl am Main, Germany, 17 June 2024, SINGULUS TECHNOLOGIES, Germany, and
JINCHEN, China, join forces to contribute to the global transition towards
renewable energy. The joint venture SINGULUS SOLAR GmbH, Germany, is
committed to providing reliable and cost-effective solutions for the
photovoltaic industry. The partners synergize their complementary strengths
by offering JINCHEN's PV module production lines and SINGULUS TECHNOLOGIES'
cell equipment. Together, they offer a broad portfolio of innovative
solutions for TOPCon and HJT cell technologies.

JINCHEN contributes strong competencies in PV equipment manufacturing and
has a proven track record of over 500 GW installed in module equipment and
significant cell machine installations. SINGULUS TECHNOLOGIES has over 30
years of extensive know-how and experience in innovative, high-quality
engineering, equipment and technology. Both companies have well-established
networks within the international solar industry and with leading research
institutions.

Dr. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES AG: "The joint venture
delivers against international market expectations for high-quality PV
equipment that meets the growing demand for sustainable and efficient PV
process and equipment solutions." By combining their strengths, SINGULUS
TECHNOLOGIES and JINCHEN leverage their expertise and technological
advancements.

"We are pleased to set off this partnership with SINGULUS TECHNOLOGIES,"
says Mr. Li Yisheng, Chairman of JINCHEN Corp. "With the complementing
portfolios of the two companies, we enable our customers to incorporate the
most innovative technologies into their factories effectively with a global
team. Our manufacturing footprints allow fast delivery at favorable cost
structures. First projects are in progress, and we are ready for more to
come."

Meet the experts from both companies from 19th to 21st of June 2024 at
Intersolar Europe 2024, Messe Munich | Hall A2 | Booth A2.340.

About the Partners
YINGKOU JINCHEN MACHINERY Co., Ltd.

JINCHEN is a national high-tech enterprise in China and one of the world's
leaders in high-efficiency solar cell and module manufacturing equipment.
Their products are widely used in new energy and new material industries,
providing industrial intelligent manufacturing solutions for customers
around the globe.

SINGULUS TECHNOLOGIES AG

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems
for efficient thin-film coating and surface treatment processes, which are
used worldwide in the Photovoltaics, Semiconductor, Medical Technology,
Packaging, Glass & Automotive as well as Battery & Hydrogen markets. The
company's core competencies include coating technology (PVD sputtering,
PECVD, evaporation), surface treatment as well as wet-chemical and thermal
production processes.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
63796 Kahl/Main, Germany, WKN A1681X / ISIN DE000A1681X5

Contact:

Bernhard Krause, Communications, Tel.: +49 (0) 172 833 2224

Maren Schuster, Investor Relations: Tel.: +49 (0) 16096090279


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17.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        SINGULUS TECHNOLOGIES AG
                   Hanauer Landstrasse 103
                   63796 Kahl am Main
                   Germany
   Phone:          +49 (0)1709202924
   Fax:            +49 (0)6188 440-110
   E-mail:         bernhard.krause@singulus.de
   Internet:       www.singulus.de
   ISIN:           DE000A1681X5, DE000A2AA5H5
   WKN:            A1681X, A2AA5H
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1925983

End of News EQS News Service
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1925983 17.06.2024 CET/CEST