Digital New Energy DataBM. Com learned that on September 5, the signing ceremony of Guangdong Xianglu Tungsten Industry Co., Ltd. for the production of 30 billion meters of ultra-fine tungsten alloy wires for photovoltaic purposes was held in Fengquanhu High-tech Zone, Chaozhou City, Guangdong Province.
This is the first industrial project of over 500 million yuan introduced by Fengquanhu High-tech Zone this year, and the annual tax revenue of the project will exceed 80 million yuan. At present, the project has completed the project filing, and is stepping up the preliminary formalities such as project application. It is planned to start construction in October this year and put into operation in the first phase in October next year. According to the
data, Xianglu Company was founded in 1997 and listed on Shenzhen Stock Exchange in 2017. For a long time, the company has been deeply engaged in manufacturing industry, devoted to the R & D and manufacturing of tungsten products, and now has a complete R & D and production capacity of tungsten industry chain, which is the only provincial R & D center of tungsten new material engineering technology in Guangdong Province. In August
this year, Xianglu Tungsten announced that the company intends to issue shares to specific targets, raising a total of no more than 84088 71000 yuan. The net fund raised will be used for the annual production of 30 billion meters of ultra-fine tungsten alloy wires for photovoltaic purposes, with a 40114 of 110000 yuan, a 18774 of 60000 yuan for the technical renovation project (Phase II), and a supplementary liquidity of 252 million yuan.
Of which, the 51515 of the photovoltaic tungsten filament production project with an annual output of 30 billion meters is 5,600 yuan, of which the 33376 of equipment investment is 0.01 yuan; the construction period is 36 months; the annual average income of the project during the production period is expected to reach 0.84 million yuan 75657, and the annual average net profit during the production period is expected to reach 0.02 million yuan 19782.
"The company's newly developed ultra-fine tungsten filament products for photovoltaic are new materials, mainly used in the new energy photovoltaic industry as cutting consumables." Chen Weidong introduced that at present, due to the continuous explosive growth of the photovoltaic industry, the demand for photovoltaic cutting wire exceeds 400 billion meters. There are no more than three enterprises (including Xianglu Company) with ultra-fine tungsten wire production capacity in China, and the national production capacity does not exceed 100 billion meters. Tungsten wire products are in short supply in the market. "The company will try its best to put into production as soon as possible, increase production capacity and seize market opportunities." Chen Weidong, general manager of Xianglu Company, said.
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