On June 27, Huamin held the fourth provisional shareholders'meeting in 2023. The meeting deliberated and decided that Hongxin New Energy, a holding subsidiary, would sign an agreement with Dali State Government and Xiangyun County Government 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 and the new 10GW silicon rods and 4GW silicon wafers . After the full production of the
project, Hongxin New Energy will form the production capacity of 20g W monocrystalline silicon rods and 14GW silicon wafers, which is also conducive to further improving the production capacity of high-efficiency monocrystalline silicon rods and silicon wafers of Huamin Co., Ltd. Grasp the development opportunities of photovoltaic market, continuously improve the market scale and competitiveness, and help the company's new energy strategy to achieve leapfrog development.
According to the official micro-introduction of Huamin Stock Company, the project land totals 579 mu, of which the second phase project and the new project land are about 350 mu, with a total investment of about 4 billion yuan. The project is expected to be put into operation in late November this year, and the overall acceptance and delivery time is the end of January 2024.
At present, all 240 single crystal furnaces planned in the first phase of the project have been put into operation, and the crystal pulling capacity has reached full production, with more than 750 tons of square rods per month and more than 40 million silicon wafers per month. The official
of Huamin said that the expansion of the project conforms to the growing demand of the photovoltaic market and meets the needs of the company's strategic planning and business development.
In addition, the company's annual production of 10g W heterojunction battery monocrystalline silicon wafer project in Xuancheng, Anhui Province, is also actively and orderly advancing, and is expected to be completed and put into operation before the end of the year.
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