PVTIME – Hunan Huamin Holdings Co., Ltd. (300345.SZ), a leading manufacturer and distributor of wear-resistant cast products, announced on 23 August 2023 that its holding subsidiary, Honsun, has signed a monocrystalline silicon wafer supply agreement with DAS Solar, a cutting-edge company mainly engaged in the R&D, manufacturing and sales of high-efficiency solar crystalline silicon solar cells and modules.
From September 2023 to August 2026, DAS Solar and its affiliated firms intend to purchase roughly 1.36 billion monocrystalline silicon wafers from Honsun.
Based on the contemporary market value of monocrystalline silicon wafers and the amount specified in the contract, the anticipated total contract value is approximately 4.4 billion yuan. Nevertheless, the ultimate price will be determined by mutual agreement on a monthly basis.