11.363 billion yuan, 2.25 billion tablets! Oriental Sunrise signs a three-year long list of single crystal silicon wafers with computer numerical control

SMM: November 29th, Oriental Risheng announced that it signed a silicon wafer procurement framework contract with Hongyuan Xincai, a wholly-owned subsidiary of CNC. According to the announcement, Dongfang Risheng will purchase 2.25 billion single crystal silicon wafers from Hongyuan Xincai, fluctuating up and down by no more than 10 per cent (the wafer size can be adjusted according to demand, but the overall purchase quantity remains the same).

Of these, 450 million were purchased in 2021, 800 million in 2022 and 1 billion in 2023. According to the current market price (based on the average price of single crystal wafers newly announced by PVInfoLink) and the production plans of both sides, the total purchase amount is expected to be about 11.363 billion yuan (including tax) in three years. The two sides agreed that the actual purchase price should be negotiated on a monthly basis, and the final purchase amount may fluctuate with changes in market prices and product specifications.