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0 0 0 0 0.0145985401459853 0.0145985401459853 0.00656934306569342 -0.0145985401459855
Stock impact report

TOYO Co., Ltd. Acquires Remaining 24.99% Interest in TOYO Solar LLC

TOYO Co., Ltd - Ordinary Shares (TOYO) 
Company Research Source: PR Newswire
TOKYO, Dec. 8, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that it has acquired the remaining 24.99% membership interest in its U.S. subsidiary, TOYO Solar LLC, making it a wholly owned subsidiary of the Company.This transaction follows TOYO's recent strategic expansion into U.S.-based manufacturing and underscores the Company's commitment to strengthening its presence in the American solar supply chain. TOYO Solar LLC is currently advancing the development of a 2.5GW solar module manufacturing facility in Texas.Junsei Ryu, Chairman and CEO of TOYO, commented: "This acquisition marks a key milestone in our U.S. growth strategy. Full ownership of TOYO Solar LLC strengthens our operational control, aligns our long-term interests, and reinforces our commitment to delivering American-made solar solutions at scale."About TOYO Co., Ltd.TOYO is a solar solutions company committed to becoming a full-serv Show less Read more
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