Wuxi Shangji Automation Co.Ltd(603185) announced that the company plans to issue shares in a non-public manner and raise no more than 6 billion yuan. After deducting the issuance expenses, the raised funds will be used for the project with an annual output of 50000 tons of high-purity crystalline silicon and supplement working capital.
[ company report ]
Wuxi Shangji Automation Co.Ltd(603185) signed the sales contract of monocrystalline silicon wafer, and the estimated sales amount is 4.342 billion yuan
Wuxi Shangji Automation Co.Ltd(603185) announced that the company and its wholly-owned subsidiary Hongyuan new material signed a contract with Shangrao Hongye new energy Co., Ltd. and Shangrao Jietai New Energy Technology Co., Ltd. on the sales of “monocrystalline silicon wafer”. The subject matter of this contract is monocrystalline silicon wafers. It is estimated that the sales volume will be 648 million wafers from 2022 to 2025 (the fluctuation will not exceed 20%). According to the current market price, the sales amount from 2022 to 2025 is expected to be 4.342 billion yuan (including tax).
Wuxi Shangji Automation Co.Ltd(603185) subsidiary signed a three-year monocrystalline silicon wafer sales contract of about RMB 3.6 billion
On March 9, Wuxi Shangji Automation Co.Ltd(603185) announced that Hongyuan new material, a subsidiary of Wuxi Shangji Automation Co.Ltd(603185) signed contracts with Zhejiang aixu, Tianjin aixu and Guangdong aixu on the sales of “monocrystalline silicon wafer”, with an estimated sales amount of 3.599 billion yuan. From March 2022 to December 2024, the subsidiary will deliver a total of 552 million monocrystalline silicon wafers (floating up and down no more than 20%). The announcement shows that the subsidiary will complete the production of 88 million tablets from March to December 2022, 224 million tablets in 2023 and 240 million tablets in 2024. According to the current market price, the total sales amount from 2022 to 2024 is expected to be 3.599 billion yuan (including tax).
Since 2019, the photovoltaic monocrystalline silicon business has been invested and constructed. The Wuxi Shangji Automation Co.Ltd(603185) production capacity has been continuously expanded. The existing monocrystalline silicon production capacity has reached 30GW, and the demand for raw materials in the production process has gradually increased. In the previous half month, the company just planned to invest 11.8 billion yuan to invest in the production project of 150000 tons of high-purity industrial silicon and 100000 tons of high-purity crystalline silicon in Guyang County, Baotou City, Inner Mongolia, so as to ensure the supply of raw materials and improve the company’s comprehensive competitive advantage and profitability. According to the performance express disclosed by the company, in 2021, the company achieved an operating revenue of 10.906 billion yuan, a year-on-year increase of 262.22%; The net profit was 1.637 billion yuan, a year-on-year increase of 208.01%.
