On May 15, the People's Government of Urumqi, Xinjiang issued a public notice board after the approval of the construction plan of Urumqi.
The project name is Xinjiang Central Hesheng Silicon Industry Co., Ltd. (hereinafter referred to as "Central Hesheng") Silicon based New Material Industry Integration Project (20GW/a PV module project - Phase 2); The construction site of the project is Ganquanpu Economic and Technological Development Zone (Industrial Zone) in Urumqi, Xinjiang; The building area is 457242.77 square meters.
On April 20, 2023, Hesheng Silicon Industry announced that the company plans to invest and construct "Xinjiang Central Hesheng Silicon Industry Co., Ltd. Silicon based New Material Industrial Integration Project (20GW PV module project with annual output)" in Urumqi Ganquanbao Economic and Technological Development Zone (industrial zone) through its wholly-owned subsidiary, Central Hesheng, with an estimated total investment of 20.5 billion yuan;
In Urumqi Ganquanbao Economic and Technological Development Zone (Industrial Zone), the investment and construction of "Xinjiang Central Hesheng Silicon Industry Co., Ltd. 1.5 million tons of ultra-thin high permeability photovoltaic glass production project for new energy equipment" is carried out. The estimated total investment of the project is about 4.455 billion yuan.
According to the data, Central Hesheng was founded in 2021 with a registered capital of 7.5 billion yuan. Its business scope includes: general projects: photovoltaic equipment and component manufacturing; Sales of photovoltaic equipment and components.
In 2023, Hesheng Silicon Industry will invest about 4.7 billion yuan for the Central Hesheng Silicon based New Material Industry Integration Project (20GW PV module project with an annual output), with a cumulative investment of 5.29 billion yuan; About 1.609 billion yuan was invested in the production project of ultra-thin high transmittance photovoltaic glass for new energy equipment with an annual output of 1.5 million tons in Central Hesheng, with a cumulative investment of 1.839 billion yuan.
Performance. In 2023, Central Hesheng will achieve a revenue of 285.9288 million yuan and a net profit of -103.4408 million yuan.
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