HUAYAOPV.HUAYAOPV was established on August 1, 2019, with a registered capital of 237 million yuan. Located in Hohhot Economic and Technological Development Zone, the company specializes in the R&D, design, manufacturing, and system construction of solar photovoltaic products. HUAYAOPV invested approximately RMB 1 billion in the Shalqin Industrial Park of Hohhot Economic Development Zone to establish a 3GW monocrystalline silicon wafer production project. This facility has achieved an annual production capacity of approximately 600 million monocrystalline silicon wafers. In 2021, the company initiated a 12GW monocrystalline silicon wafer production project. Phase I (6GW) is currently operational, with Phase II scheduled for commissioning in the first half of 2023. The company's 10GW photovoltaic module project under construction in Changzhou is progressing. By the end of 2022, the company had established production capacities of 11GW monocrystalline silicon ingots and 9GW monocrystalline silicon wafers. In 2021, the company achieved sales revenue exceeding RMB 2 billion. By 2022, its wafer production capacity reached 20GW, generating annual revenue of RMB 5 billion. In 2023, output value doubled again, reaching approximately RMB 10 billion. Key products include monocrystalline silicon wafers and high-efficiency conversion modules.
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