【Total investment of 39 billion RMB! Phase 1 project with annual production of 50,000 tons of polycrystalline silicon and 2.5GW crystal pulling and slicing has been put into operation】It is reported that the first phase of the polycrystalline silicon upstream and downstream joint project developed and operated by Gansu Guazhou Baofeng Silicon Material Development Co., Ltd., a subsidiary of Ningxia Baofeng Group, has been fully put into operation in Guazhou County, Jiuquan City, Gansu Province, and qualified products have been produced. The total investment of the project is 39 billion RMB, including the overall planning and construction of 350,000 tons/year industrial silicon, 300,000 tons/year polycrystalline silicon, 50GW crystal pulling and slicing, 30GW battery module production facility, and supporting 15GW photovoltaic and wind power generation stations. Among them, the first phase of the project has an investment of 6,440.724 million RMB (about 6.441 billion RMB), with a construction scale of 50,000 tons/year polycrystalline silicon, 2.5GW/year crystal pulling, and 2.5GW/year slicing.