340 Million Yuan! Autowell Wins Equipment Order From Tongwei

PVTIME – On 4 July 2023, Wuxi Autowell Technology Co., Ltd. (Wuxi Autowell) (688516.SH), a well-known automation equipment manufacturer in the photovoltaic and lithium-ion battery industry, announced that it won the tender of Tongwei (Nantong)’s PV product manufacturing project to supply related equipment with an estimated tender value of 340 million yuan.

As the average acceptance period for this equipment is approximately 6-9 months, this will have a positive impact on its operating performance in 2024, but is uncertain for 2023.

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