On July 12, Shuangliang Energy announced that Shuangliang Silicon Materials (Baotou) Co., Ltd., a wholly-owned subsidiary of the company, recently signed the "Polysilicon Strategic Cooperation Trading Agreement" with Xinte Energy. According to the contract, the company expects to purchase 21,9 tons of polysilicon from Xinte Energy from 223 to 23, and the estimated purchase amount is about 58.47 billion yuan.
Just in early July, Shuangliang Energy Saving Co., Ltd. signed a contract with Tongwei Co., Ltd. It is stipulated in the contract that from 222 to 226, Shuangliang Energy Saving Co., Ltd. will purchase about 222,5 tons of polysilicon from Tongwei, and the estimated purchase amount is about 56 billion yuan.
that is to say, within one month, Shuangliang Energy Saving signed a purchase contract of 114.47 billion yuan for silicon materials alone. By the close of July 12, 222, the market value of Shuangliang Energy Saving was only 27.761 billion yuan.
The reason why Shuangliang is so desperate for energy saving is not unrelated to its high sales of silicon wafers.
In October, 221, Shuangliang Energy Saving signed the Silicon Wafer Procurement Framework Contract with Aixu Co., Ltd., and sold a total of about 2.1 billion silicon wafers, with an estimated value of 14.427 billion yuan. In the same month, Shuangliang Energy Saving signed a sales contract with Runyang Yueda for 8.333 billion yuan of monocrystalline silicon wafers; In November, Shuangliang Energy Conservation signed a contract with Jiangsu Longheng New Energy Co., Ltd. to sell 6.527 billion yuan of silicon wafers; In December, Shuangliang Energy Saving signed another 1 billion sales orders with three companies.
In 222, Shuangliang Energy Conservation signed a sales contract with Tongwei Solar, a sales contract with Trina Solar and a sales contract with Dongfang Risheng for 6.35 billion yuan and 14.227 billion yuan respectively. In other words, after entering the field of silicon chips for one and a half years, Shuangliang's energy-saving sales have approached 1 billion yuan.
In addition, during Shuangliang's large-scale expansion of silicon wafer business, its old business bromine cooler and polysilicon reduction furnace were also booming. In 221, the net profit of Shuangliang's energy-saving homecoming increased by 125.68% year-on-year, reaching 31 million yuan; In the first half of 222, Shuangliang Energy Saving announced that the company expected a net profit of 32 million yuan to 39 million yuan in the first half of the year, an increase of about 212% to 281%.
Both new and old businesses are booming, and the company's performance is soaring all the way, which has become the basis for Shuangliang Energy Saving to order silicon materials on a large scale and expand its silicon wafer business.