100 Million Yuan! Autowell and Tongwei Sign for PV Equipment

PVTIME – Wuxi Autowell Technology Co., Ltd. (688516.SH), a professional automation solution provider mainly engaged in such as tabber & stringer machines, laser cutters, wafer sorters and intelligent production line, has signed a sales and purchase agreement on all-in-one cutting and soldering machine with Tongwei Solar (Hefei), with an estimated contract value of 100 million yuan (tax included).

These equipment will be delivered in batches within 3 months after the contract takes effect and whether it will affect Autowell’s performance in 2022 remains uncertain.

What is more, a subsidiary of Autowell had bagged an order to supply single crystal furnace SC-1600 to Trina Solar (Qinghai) on August 20, 2022, with contract value of approximately 260 million yuan (tax included).