China Coal Group 3GW String Inverter Collection: CNBM, Yangguang Power Supply and Kehua Digital Energy are shortlisted

On June 25, China Coal Energy Group Co., Ltd. announced the successful candidates for the centralized procurement of the first batch of 1500V series inverters (196 kW and above) in 2023. China Building Material Xinyun Zhilian Technology Co., Ltd., Sunshine Power Supply Co., Ltd. and Xiamen Kehua Digital Energy Technology Co., Ltd. were selected. The first

successful candidate is CNBM Xinyun Zhilian Technology Co., Ltd., with a comprehensive unit price of 0.127 yuan/W and a total quotation of 381 million yuan; the second successful candidate is Sungrow Power Supply Co., Ltd., with a comprehensive unit price of 0.1258 yuan/W and a total quotation of 37740 million yuan; The third successful candidate is Xiamen Kehua Digital Energy Technology Co., Ltd., with a comprehensive unit price of 0.1212 yuan/W and a total quotation of 36360 million yuan.

According to the tender announcement, the tender scale of the 1500V string inverter frame is estimated to be 3GW.

It is important to note that the bidder must commit to meet the above capacity; the bidder must commit to quote strictly in accordance with the above requirements. The above quotation is the arrival price including tax. In addition, the tender announcement also made it clear that the top three winning candidates were recommended as the winning bidders and the framework agreement was signed. The bid-winning capacity is determined as 5:3:2 according to the sequence of the bid-winning candidates. It can be concluded that CNBM Xinyun Zhilian Technology Co., Ltd. won the bid for 1500 MW, Yangguang Power Supply Co., Ltd. won the bid for 900 MW, and Xiamen Kehua Digital Energy Technology Co., Ltd. won the bid for 600 MW.

The term of the framework agreement shall be one year from the effective date of the agreement or until the implementation of the full estimated capacity of the agreement. During the term of the framework agreement, the enterprises affiliated to China National Coal Group Corporation may purchase the products within the scope of the framework agreement directly from China Coal Development Co., Ltd.