Among them, Jiangsu Liang Shuang Silicon Material Technology Co., Ltd., a subsidiary company, signed a Polycrystalline Silicon Sales Framework Contract with Dongxiang, agreeing to purchase 66,800 tons of polycrystalline silicon from 2022 to 2026, with a purchase amount of about 20.24 billion yuan.
On the same day, Liang Shuang Silicon Materials (Baotou) Co., Ltd. and Xinte Energy signed the Strategic Cooperation Agreement on the Purchase and Sale of Polycrystalline Silicon, agreeing to purchase 6.5438+0.5 million tons of polycrystalline silicon from Xinte Energy from 2023 to 2030, with a purchase amount of about 45.45 billion yuan.
The amount of the two procurement contracts is as high as 65.69 billion yuan, but in fact, Liang Shuang's appetite for energy conservation does not stop there.
According to Caijing.com, in July this year, Liang Shuang Energy also signed 222,500 tons and 20 1.9 million tons of polysilicon material purchase agreements with Tongwei and Xinte Energy respectively, with the purchase amount reaching 56 billion yuan and 58.47 billion yuan respectively.
That is to say, in the past two months, Liang Shuang Energy signed a polysilicon purchase contract with Tongwei, Xinte Energy and Dongxiang * * * with the amount of1.801.600 million yuan, and purchased a total of 6401.2000 tons of polysilicon raw materials.
But this is not the whole procurement contract of energy-saving silicon materials in Liang Shuang.
In the second half of last year, Liang Shuang Energy signed 6.804 billion yuan,1120.9 billion yuan and1746.8 billion yuan respectively with Asia Silicon Industry, GCL Technology and Xinte Energy. Since the second half of last year, Liang Shuang Energy has signed a polysilicon procurement contract, totaling nearly 800,000 tons.
China Photovoltaic Polycrystalline Silicon Annual Report shows that in 20021year, the output of polysilicon in China was 505,000 tons, up 27.5% year-on-year, accounting for 78.7% of the global output. The purchase volume of energy-saving polysilicon in Liang Shuang has exceeded the total output of polysilicon in China last year.
According to public information, Liang Shuang Energy Conservation was founded in 1995, and landed in A shares in 2003. It was originally a company that produced energy-saving and water-saving systems and new energy systems. 20 15, Liang Shuang started with polysilicon reduction furnace, a new energy equipment, and gradually extended to photovoltaic industry chain.
In the first half of 2022, Liang Shuang achieved an operating income of 4.30 billion yuan, a year-on-year increase of 243.9%; The net profit of returning to the mother was 350 million yuan, a year-on-year increase of 244.7%.
In terms of business, in the first half of this year, the revenue of energy-saving monocrystalline silicon, energy-saving water-saving system and polysilicon reduction furnace in Liang Shuang was 2.07 billion yuan, 654.38+0.24 billion yuan and 990 million yuan respectively, and the revenue contribution rate was 4.8 1%, 28.8% and 2.3 1% respectively. Among them, benefiting from the strong installed demand of photovoltaic industry, the revenue of Liang Shuang energy-saving polysilicon reduction furnace in the first half of the year increased by 228.79%.
In the first half of the year, Liang Shuang's energy-saving silicon wafer business shipped M 10/G 12, model P/N and other silicon rods/wafers. As of June 30, 2022, Liang Shuang Science and Technology has signed a long list of silicon rods/wafers with 1 1 downstream battery manufacturers.
At present, 560 single crystal furnaces in Liang Shuang No.1 Energy-saving Single Crystal Factory and 800 single crystal furnaces in Liang Shuang No.2 Energy-saving Single Crystal Factory have all been put into full production, and the annual production capacity has exceeded 20GW. It is estimated that the actual production capacity of large-size silicon rods/wafers will reach 50GW this year. In addition, the 5GW module construction project in Baotou, Liang Shuang is also expected to be put into production this year.
Liang Shuang Energy Saving Company provides larger and more efficient reduction furnaces and their modules for crystalline silicon customers. In the first half of the year, due to the continuous strong demand for downstream installed capacity in the photovoltaic industry, the price of polysilicon and silicon materials continued to be firm, leading enterprises in silicon materials expanded their production one after another, and new players announced plans to enter the market one after another. Liang Shuang's energy-saving polysilicon reduction furnace system was the first to benefit from its market share, and its annual production capacity increased by three times compared with the same period of last year.
In addition, Liang Shuang's energy-saving and water-saving products have also been introduced into polysilicon industry, and the equipment value has been further improved.
Liang Shuang's energy-saving photovoltaic business has exploded, and the leap-forward layout has achieved remarkable results. The expansion plan will continue to land and will fully benefit from the high prosperity of the industry. Xu Feng, an analyst of Shanxi Securities Machinery, predicted that the net profit of energy saving in Liang Shuang from 2022 to 2024 would be 9.8/16.8/20.9 billion yuan, up 215.5%/71.7%/24.4% respectively.