On August 8th, the Administrative Committee of Hohhot Economic and Technological Development Zone and Huayao Photovoltaic Technology Co., Ltd. held the signing ceremony of 10GW PV N-type cell production project.

Municipal Standing Committee, executive vice mayor Liu Chengmin, by the open District Party working Committee Secretary Fan Zhizhong attended the signing ceremony.

Liu Zhanying, Deputy secretary of the Party Working Committee and director of the Management Committee of Jingkai District, signed a contract with Huayao Photovoltaic Technology Co., LTD on behalf of Jingkai District. ? ?

It is understood that Huayao Photovoltaic Technology Co., Ltd. was established on August 1, 2019, specializing in the research and development, design, manufacturing and production of solar photovoltaic industry and system construction. Based on a phase 3 gw monocrystalline silicon production project and 12 gw monocrystalline silicon slice of phase ii project in the smooth implementation of ShaErQin industrial park, in the new energy industry rapid development of the market environment and good business environment, in the area of new district actively promote and encourage energy new materials project delay chain and chain policy background, the two sides reached an agreement through negotiation and repeatedly consultation, In line with the principles of voluntarism, equality, mutual benefit, common development and good faith, the 10GW PV N-type cell production project was signed.

The project is located in the New Energy and New Material Park of Shaerqin Industrial Zone, Hohhot Economic and Technological Development Zone, covering an area of about 500 mu. The total investment of the project is about 6 billion yuan, mainly to build 10GW PV N-type cell production line, and the main equipment of the project is about 1000 sets. The project will be completed in two phases. In the first phase, 2GW will be constructed, with an output value of about 2.4 billion yuan and a tax revenue of 160 million yuan. Phase II construction 8GW, output value of about 9.6 billion, revenue 640 million. The first phase is expected to start construction in the first half of 2023 and be completed and put into operation in 2024. The second phase is expected to start construction in 2024 and be completed and put into operation by the end of 2026. After completion of the project, the annual sales revenue is expected to be about 12 billion yuan, and the annual tax revenue is expected to be more than 800 million yuan.

Liu Zheng, member of the Party Working Committee and deputy director of the Management Committee, Guo Yongzai, director of the Investment Promotion Bureau (Government Affairs Service Bureau), and LAN Changqing, deputy director, attended the signing ceremony. (Song Xianghua Yang built the ship)