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Hongyuan New Materials (Baotou) Co., Ltd., a wholly-owned subsidiary of Shangji Numerical Control Co., Ltd., signed a contract with Jiangsu Longheng New Energy Co., Ltd. on October 8, 2021 to supply 670 million monocrystalline silicon wafers from October 2021 to September 2024, with an estimated total value of 3.93 billion yuan (including tax).