December 8, Xiexin Technologies announced that Xiexin Suzhou, Xiexin Xuzhou, Xinda, Xinsheng and Anyi signed cooperation agreements to establish limited partnerships for acquisition related matters.

The announcement shows that the above-mentioned limited partnership will sign a sale agreement with Hongyuan Green Energy and Xizang Ruihua after its establishment. (hereinafter referred to as "Inner Mongolia Xinyuan") 42. The total amount is 20.
Inner Mongolia Xinyuan Silicon Material Technology Co., Ltd. was established in 2021, mainly engaged in the R & D, manufacturing and sales of granular silicon , as well as related supporting new energy business. As of the disclosure date of the announcement, Xiexin Science and Technology indirectly holds the company 57.2023
March, Xiexin Science and Technology Company Jiangsu Zhongneng Silicon Technology Development Co., Ltd. The two sides intend to cooperate in research and development projects in the production of 300000 tons of granular silicon and downstream applications, with a total investment of 18 billion yuan .
In April, Inner Mongolia Xinyuan was established to be responsible for the preparatory work for the construction of the above projects. The company is jointly owned by Zhongneng Silicon Industry and Hongyuan Green Energy.
Seven months later, in October 2023, Zhongneng Silicon, Hongyuan Green Energy and Gaojia Solar Energy Co., Ltd. (Hereinafter referred to as "Gaojia Solar Energy") increased the capital of Inner Mongolia Xinyuan by about 31. This capital increase is used for the construction of 100,000 tons of granular silicon and 150,000 tons of high-purity nano-silicon production capacity.
Digital New Energy DataBM.
, Xiexin Technology has a production capacity of 480000 tons of granular silicon.
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