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Shanghai Shangji Numerical Control's subsidiary Hongyuan New Material signed a polysilicon procurement contract with Risen Energy and Juguang Silicon for 50,000 tons from April 2021 to December 2024, with an estimated value of 64 billion yuan.
Shanghai Shangji Numerical Control (603185.SH) plans to invest about 3.5 billion yuan through its subsidiary Hongyuan New Materials (Baotou) to build a 10 GW annual monocrystalline silicon pulling and supporting production project in Baotou, Inner Mongolia. The project is expected to reach production by 2022.
| Site | Largest | Latest |
|---|---|---|
| Baotou, China | $540.0M | 2021-02-19 |