Digital New Energy DataBM. Com on September 6, Huamin announced that its holding subsidiary Hongxin New Energy Technology (Yunnan) Co., Ltd. signed the Framework Contract for the Purchase and Sale of Monocrystalline Silicon Wafers with Zhengtai Xinneng Technology Co., Ltd. on the 5th day. The two sides will adopt the monthly bargaining method to determine and adjust the unit price according to the changes in market conditions.
Although the price follows the market, according to the current market price of monocrystalline silicon wafers and the purchase quantity stipulated in the contract, the total contract amount is estimated to reach 6.3 billion yuan.
Up to the time of publication, Huamin shares have won many orders for silicon wafers, and the contract amount has far exceeded the company's revenue of 251 million yuan last year.