PVTIME – On October 18, Wuxi Shangji Automation Co., Ltd. (hereinafter referred to as Shangji Automation) (603185.SH) announced that its subsidiaries signed two sales and purchase contracts with DAS Solar for n-type silicon material and monocrystalline silicon wafer respectively.
Hongyuan New Materials (Xuzhou) Co., Ltd., a wholly-owned subsidiary of Shangji Automation, has signed with DAS Solar (Quzhou) and DAS Solar (Taizhou), to supply 300 million pieces (±20%) n-type silicon material to DAS Solar in the year of 2023. The sales amount is calculated to be 3.192 billion yuan (tax included) according to the latest price released by PVInfoLink. The actual prices will be negotiated monthly based on the market prices.
In addition of that, Hongyuan New Materials (Baotou) Co., Ltd. and Hongyuan New Materials (Xuzhou) Co., Ltd., wholly-owned subsidiaries of Shangji Automation, have signed with DAS Solar (Quzhou) and DAS Solar (Taizhou), to provide 825 million pieces (±20%) of monocrystalline silicon wafers to DAS Solar from January 2023 to December 2024. The sales amount is calculated to be 6.204 billion yuan (tax included) according to the latest price released by PVInfoLink. The actual prices will be negotiated monthly based on the market prices as well.