Aiko Solar Intends to Purchase 35 Million Silicon Wafers From Gaojing Solar

PVTIME - On July 20, Aiko Solar issued an announcement stating that due to business needs, a subsidiary intends to sign a "Silicon Wafer Sales Framework Contract" with Guangdong Jinwan Gaojing Solar Technology Co., Ltd. (hereinafter referred to as "Gaojing").

According to the contract, Aiko plans to purchase 35 million large-size monocrystalline silicon wafers from Gaojing from June to July 2021. The specific price is subject to the monthly order agreement. The estimated contract amount is about 210 million yuan.

According to the announcement, in addition to the framework contract to be signed this time, a total of 5 related transactions have occurred between the company's subsidiaries and Gaojing in the last twelve months for a total amount of 25.56 million yuan. Including the framework contract to be signed this time, the cumulative amount of related transactions between the company's subsidiaries and Gaojin is approximately 235.86 million yuan.

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