Beijing JYT Corp Signs 7.836 Billion in Monocrystalline Silicon Wafer and Rod Orders With JA Solar and Jiangsu Fashion Guangfu Energy Development

PVTIME – On December 23, Beijing JYT Corp announced that it had signed two three-year long-term monocrystalline silicon wafer and rod supply agreements with Baotou JA Solar Technology Co., Ltd. and Jiangsu Fashion Guangfu Energy Development Co., Ltd.

According to the announcement, from January 2021 to December 2023, Jiangsu Fashion Guangfu Energy Development Co., Ltd. intends to purchase 774 million monocrystalline wafers or rods corresponding to the conversion coefficient agreed by both parties. According to current market prices, the estimated sales amount will total 3.018 billion yuan. The actual purchase price adopts a monthly negotiation method, and the total contract transaction amount is subject to the final transaction amount.

In the same timeframe, Baotou JA Solar Technology Co., Ltd. intends to purchase 1.26 billion monocrystalline wafers or rods corresponding to the conversion coefficient agreed by both parties for a total of approximately 4.818 billion yuan. The actual purchase price adopts a monthly negotiation method, and the total contract transaction amount is subject to the final transaction amount.

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