14 Billion Yuan! Akcome and Zhongneng Sign for Silicon Material

PVTIME – Jiangsu Akcome Science and Technology Co., Ltd.(002610.SZ) announced on September 23 that Suzhou Zhongkang Electric Power Operation Co., Ltd., a wholly-owned subsidiary of Akcome, has signed a sales and purchase agreement with Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd., a subsidiary of GCL, for silicon material.

According to the agreement, Jiangsu Zhongneng will supply Akcome 45,800 MT of silicon material in the duration of 2022 to 2027. The total contract value is estimated to be approximately 14.082 billion yuan (tax included) according to the latest average price of the silicon material released by PV InfoLink.