250 million yuan! Huamin Shares Wins 87 Million Silicon Wafers

5, Huamin announced that Hongxin New Energy Technology (Yunnan) Co., Ltd. (Hereinafter referred to as "Hongxin New Energy"), a holding subsidiary of the company, had recently signed the Annual Sales Contract for Monocrystalline Silicon Wafers with Bangjie New Energy Technology Co., Ltd. (Hereinafter referred to as "Bangjie New Energy").

The contract shows that Bangjie New Energy and its affiliates plan to purchase 87 million monocrystalline silicon wafers from Hongxin New Energy , with a total amount of 250 million yuan . Valid from June 26, 2023 to June 20, 2024.

For this cooperation, Huamin said that it is conducive to establishing a long-term supply and demand cooperation relationship between the company and Bangjie New Energy, realizing win-win cooperation between the two sides; it is conducive to promoting the realization of Hongxin New Energy's capacity planning, enhancing industry influence, enhancing the company's competitiveness and profitability, and is of great significance to the company's development and strategic landing.

Since the merger and acquisition of Huamin shares in August 2022, after the cross-border photovoltaic track, the company aims at the N-type track and continuously increases its production capacity. From the very beginning, the cross-border project of "annual output of 10g W high-efficiency N-type monocrystalline silicon rods and wafers" was prepared. In February this year, Huamin shares publicly stated that the first phase of Hongxin New Energy High-efficiency N-type Monocrystalline Silicon Rod and Silicon Wafer Project has been put into production.

In terms of orders, Huamin shares are also big orders. At the end of December

2022, Hongxin New Energy Technology successively won orders for 1512 tons of monocrystalline silicon rods of Huasheng New Material and 50 million monocrystalline silicon wafers of Pengzhan New Energy, both of which amounted to more than 200 million yuan, becoming a major contract for the company's daily operation.

In May this year, Hongxin New Energy won a large sales order of 108 million monocrystalline silicon wafers, with a contract from May 1, 2023 to December 31, 2023.

With this sales order, Huamin shares have accumulated 1512 tons of silicon rods and 245 million silicon wafer orders .