430 Million Yuan! Autowell Bags Equipment Orders From LONGi

PVTIME – On 27 March 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 bid of LONGi’s wafer sorter, cell and module production project to supply related equipment for it with an estimated bid value of 430 million yuan.

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