Polycrystalline silicon prices are high and not lower -sized. Tongwei shares of Silicon material and signed a long bill of 100 billion yuan with Jingke Energy

On the evening of September 9, Jingke Energy (SH688223, the stock price was 18.14 yuan, and the total market value was 181.4 billion yuan) issued an announcement stating that the company and related subsidiaries and Tongwei (SH600438, the stock price of 54.56 yuan, a total market value of 245.604 billion yuan) related subordinates) The subsidiary signed the "Polycrystalline Silicon Purchase Framework Agreement". The agreement stipulates that from September 2022 to December 2026, Jingke Energy and related subsidiaries will purchase about 382,800 tons of polycrystalline silicon materials from the subsidiaries of Tongwei.

According to the average domestic single crystal -to -chili tightly expenditure of 305,100 yuan/ton, the total amount of the above contract will reach about 103.356 billion yuan in accordance with the average price of domestic single crystal tightly material announced on August 31.

This is the second long -order purchase contract signed by Jingke Energy in the near future. On August 26, Jingke Energy also announced that from January 2023 to December 2030, it will purchase 336,000 tons of native polysilicon at HK01799 (HK01799, a total market value of HK $ 31.961 billion) and its subsidiaries. Based on the average transaction price at that time, the total amount of this contract is also more than 100 billion yuan.

Jingke Energy said that the procurement contract adopts a monthly bargaining method to determine the actual procurement price. "The long unilateral type that is not lock -up, monthly bargaining, and batch procurement is conducive to ensuring the company's long -term stable supply of polysilicon raw materials, and will not affect the independence of the company's current performance. The performance of the contract depends on the transaction party. "

In recent years, the demand for photovoltaic markets has grown rapidly, and major companies in the industry have expanded production.

Crystal Energy uses the Topcon battery as one of the focus of development. According to the semi -annual report, in the first half of 2022, Jingke Energy has put into production 16GW N TOPCON battery production line. It is expected that until the end of 2022, the company's TOPCON battery capacity under construction will exceed 30GW.

In addition, on July 28, Jingke Energy announced that it intends to issue convertible bonds to unspecified objects. The fundraising funds will not exceed 10 billion yuan, and it will also invest in a number of new high -efficiency battery and photovoltaic components.

Jingke Energy also mentioned in the announcement that when the contract was signed in effect, the company and subsidiary Sichuan Jingke Energy Co., Ltd. signed the "Polycrystalline Silicon Purchase Framework Agreement" from 2020 to 2023, which was signed with Tongwei Co., Ltd. in the early stage.

Since last year, the price of polysilicon has continued to rise in the case of imbalanced supply and demand. Wind data shows that the current price of photovoltaic polycrystalline silicon (average price) at the beginning of 2021 was $ 10.79/kg, and this year's highest is over 38 US dollars/kg, an increase of over 250%.

In this context, in order to lock up the upstream materials, silicon material companies have previously emerged by a lot of 10 billion yuan.

For example, since this year, as a leading silicon material, Tongwei has signed a number of major sales contracts, all related to silicon material products. It is expected that the sales amount will exceed 10 billion yuan.

Buyers include Baotoumei Silicon Energy Co., Ltd., Longji Green Energy (SH601012, a stock price of 53.18 yuan, a market value of 403.2 billion yuan), Qinghai Gaojing Solar Technology Co., Ltd., Yuze Semiconductor (Yunnan) Co., Ltd., Jingke Energy, etc.

Daily Economic News

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