At the recent Shanghai SNEC Photovoltaic Energy Storage Exhibition, Lantianshi, co-CEO of Xiexin Science and Technology, responded to the rumor of "joint acquisition of silicon materials".
At present, the head silicon material enterprise plans to set up a company in the mode of "direct investment + debt", to achieve capacity clearance and output control through the acquisition of production capacity, and to repay liabilities through profits, thus promoting the orderly withdrawal of industry capacity.
Lan Tianshi further said that at present, Xiexin and Tongwei have reached an agreement and have been negotiating with some small factories in the second and third tiers, but more contacts are made from the local government level, because the follow-up will involve the support of banks and other institutions.
It is reported that if this method is feasible, it will require a large amount of funds and support from all parties, the required funds will also reach tens of billions, and the leading enterprises will have to bear considerable debts. The goal of the
next step is to stabilize the price of silicon materials at a reasonable price, so that production capacity can be profitable.