On the evening of March 6th, Jingsheng Electromechanical Co., Ltd. announced that on January 12, 2018, Inner Mongolia Zhonghuan Photovoltaic Materials Co., Ltd. (referred to as "Zhonghuan Photovoltaic") will utilize monocrystalline silicon materials for renewable energy solar cells and ultra-thin high-efficiency solar cells. The company has recently signed equipment purchase and sales contracts for the first batch of procurement in the fourth phase of the silicon single crystal chip industrialization project, as well as for the fourth phase of the monocrystalline silicon material industrialization project for solar photovoltaic renewable energy cells.
The total contract value amounts to 858.24 million yuan, which is expected to represent approximately 44.04% of the company's 2017 annual revenue. This significant deal highlights the strong market demand for Jingsheng's advanced monocrystalline silicon production equipment and underscores its technological leadership in the industry.
The signing of this contract further demonstrates the company’s strong competitive position among key clients in the high-end manufacturing sector. With its cutting-edge technology and reliable products, Jingsheng continues to support leading players in the solar photovoltaic industry by providing efficient and high-quality production solutions. This not only reinforces its market leadership but also contributes positively to the development of China's photovoltaic industry and its long-term technological innovation and core competitiveness.
Moreover, the contract reflects the company’s solid R&D capabilities and strategic alignment with the goals set under China's "Made in China 2025" initiative. By focusing on high-end and intelligent equipment solutions, Jingsheng aims to establish itself as a trusted supplier and service provider in the global photovoltaic manufacturing landscape. This milestone marks another step forward in the company’s journey toward sustainable growth and industry leadership.
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