241.2 Million Yuan! Shuangliang Wins Tongwei’s Polysilicon Reduction Furnace Order

PVTIME – Shuangliang Eco-Energy Systems Co., Ltd. (600481.SH), a leading solar PV production equipment manufacturer in China, announced on May 20 that its holding subsidiary Jiangsu Shuangliang New Energy Equipment Co.,Ltd. has received a transaction notice from Sichuan Yongxiang Energy Technology Co., Ltd., a subsidiary of Tongwei Co., Ltd. (600438.SH). The estimated value of the transaction will be approximately 241.2 million yuan, which reduction furnace and equipment for high purity silicon production are involved.

According to the public information on the Internet, Sichuan Yongxiang intends to launch the first phase of high-purity crystalline silicon project, which is expected to produce 120,000 MT of high-purity crystalline silicon every year. The project is planned to cover the tail gas recovery device, silicon power grinding, silane gas device, etc. Among them, the order for multiple pairs of rod polysilicon reduction furnace equipment and accessories, special tools will go to Shuangliang New Energy.