Digital building materials Data. Com June 12 news, yesterday evening Huamin shares issued a foreign investment announcement, the company's holding subsidiary Hongxin New Energy intends to sign relevant investment agreements with the People's Government of Dali Bai Autonomous Prefectur e and the People's Government of Xiangyun County. It is planned to invest in the construction of the second phase of the project with an annual output of 10GW high-efficiency N-type monocrystalline silicon rods and silicon wafers in Xiangyun County, Yunnan Province, and the new 10GW silicon rods and 4GW silicon wafers. The total investment of
the project is about 4 billion yuan, including 1.3 billion yuan for carrier construction, 2.1 billion yuan for equipment investment and 600 million yuan for liquidity. The project covers an area of 579 mu, including 350 mu for the second phase project and new projects. The project is planned to be put into operation in late November 2023.
The announcement also said that the smooth implementation of the project is conducive to further developing the company's product technology, production management experience and high-quality upstream and downstream customer resource advantages in the process of crystal pulling and slicing. After the full production of the project, the company's production capacity will be further expanded, which can better meet the industrial supporting needs of Anhui 10GW heterojunction silicon wafer project and form industrial synergy. It is conducive to enhancing the company's market competitiveness, brand influence and profitability.
Previously, the first phase of Hongxin New Energy's annual production of 10g W high-efficiency N-type monocrystalline silicon rods and wafers in Xiangyun County, Yunnan Province, was officially put into operation on January 3 this year, which will form an effective production capacity of 3.5g W high-efficiency monocrystalline silicon wafers. It has the production capacity of 210 large-size silicon wafers and is compatible with silicon wafers of various specifications below 210, which can meet the needs of HJT, Topcon, IBC and other high-end solar cells.
It is reported that Hongxin New Energy is jointly funded by Hunan Jianhongda Industrial Group and Hunan Lixin Silicon Material Technology Co., Ltd. and is mainly engaged in the research and development, production and sales of high-efficiency monocrystalline silicon wafers. In August 2022, Hongxin New Energy was acquired by Huamin, which formally entered the new energy track and entered the field of photovoltaic silicon wafers.