Central enterprises
Wuxi Shangji Automation wins 648 million mono wafer contracts
Seetao 2022-03-18 11:20
  • Wuxi Shangji Automation signed a long-term sales contract, which to a certain extent shows that the sales situation is good
  • The signing of the contract is conducive to ensuring the stable supply of raw materials for the company's large-size monocrystalline silicon wafer business
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The soft hand of signing the order has almost become a microcosm of the tide of material grabbing by photovoltaic companies. On March 17, 2022, Wuxi Shangji Automation announced that the company and its wholly-owned subsidiary Hongyuan New Materials (Baotou) Co., Ltd. signed a contract with Shangrao Hongye New Energy Co., Ltd. and Shangrao Jietai New Energy Technology Co., Ltd. The long-term sales of silicon wafers is expected to be 648 million in 2022-2025 (the fluctuation does not exceed 20%).

According to PVInfoLink's latest announcement of the average price and production schedule of monocrystalline silicon wafers, it is estimated that the sales amount in 2022-2025 will be 4.342 billion yuan (tax included), and 38.42 yuan excluding tax. This amount is only calculated based on the current market price, and the actual monthly supplementary agreement shall prevail.

Wuxi Shangji Automation was founded in 2002 and belongs to the high-end intelligent equipment manufacturing industry. The company has entered the solar photovoltaic industry since 2004 and is one of the manufacturers of photovoltaic special equipment in the industry. It has gradually grown into a high-hardness and brittle material mainly composed of photovoltaic crystalline silicon. A leading enterprise of special processing equipment.

In 2019, in order to realize the proper extension of the main business and further improve the layout of the industrial chain, relying on the accumulation of technology, process, business experience and industry resources in the photovoltaic field over the years, the company will focus on expanding the photovoltaic monocrystalline silicon production business, and it is located in Baotou, Inner Mongolia. A subsidiary company, Hongyuan New Materials (Baotou) Co., Ltd. was established. Hongyuan has a technical research and development team and has made great breakthroughs in product quality and production capacity. Hongyuan is mainly engaged in Czochralski monocrystalline silicon rods and related products. .

In 2020, on the basis of consolidating and expanding the high-end intelligent equipment manufacturing business, the company will create a business model of "high-end equipment" + "core materials", and continuously improve the layout of the solar photovoltaic industry chain. Editor/Sang Xiaomei

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