Total investment of 15 billion yuan, Daquan Energy plans to invest in the construction of a silicon-based new material industrial park project in Xinjiang"

Daquan Energy recently announced that Xinjiang Daquan New Energy Co., Ltd. has signed an "Investment Agreement for Daquan Energy Silicon-based New Material Industrial Park Project" with the People's Government of Shihezi City, the Management Committee of Shihezi Economic and Technological Development Zone, and Xinjiang Tianfu Energy Co., Ltd., agreeing to invest in the construction of the "Daquan Energy Silicon-based New Material Industrial Park Project" in Shihezi City, Xinjiang.

The announcement shows that the project plans to invest 15 billion yuan in fixed assets, and the project is planned to be built in two phases. The first phase plans to invest 7.5 billion yuan to build an annual output of 50,000 tons of polysilicon and supporting 150,000 tons of industrial silicon, and 1.2 million round silicon core projects; The second phase plans to invest 7.5 billion yuan to build an annual output of 50,000 tons of polysilicon and supporting 150,000 tons of industrial silicon, and 1 million round silicon core projects.