On February 14, 2022, Hosun Silicon Industry announced that in order to further expand the company's entire industrial chain layout and enhance the company's competitive advantages, the company plans to develop economic and technological development in Ganquanbao, Urumqi City, Xinjiang through its wholly-owned subsidiary Xinjiang Central Hesheng Silicon Industry Co., Ltd. In the zone (industrial zone), the investment and construction of the "Silicon-based New Material Industry Integration Project of Central Xinjiang Hesheng Silicon Industry Co., Ltd. (an annual output of 200,000 tons of high-purity polysilicon project)" is carried out. The estimated total investment of the project is 17.5 billion yuan.

The project land requirement is about 3575 mu. The construction content is 200,000 tons/year polysilicon plant, 100,000 tons/year caustic soda plant, as well as supporting public works and auxiliary works. The main buildings are the main substation, cold hydrogenation synthesis, rectification, tail gas recovery, freezing station, circulating water station, reduction workshop, post-processing workshop, and silicon powder warehouse; the project construction period is from May 2022 to May 2025.

According to public information, Hesheng Silicon Industry Co., Ltd. was invested and established by Ningbo Hesheng Group in 2005. The company has production bases in Jiaxing in Zhejiang, Luzhou in Sichuan, Shihezi in Xinjiang, Shanshan in Xinjiang, Kuitun in Xinjiang and Zhaotong in Yunnan. Coal, electricity and silicon" integrated circular economy industrial park development model, and a high-tech enterprise that produces industrial silicon, organic silicon, and graphite electrodes.

As "carbon neutrality and carbon peaking" has become the main target of my country's "14th Five-Year Plan" pollution prevention and control battle. The development of photovoltaic industry has become one of the important ways to achieve "carbon peaking and carbon neutrality". Hoshine Silicon said that it is expected that the rapid growth of China's photovoltaic installed capacity during the "14th Five-Year Plan" period will continue to drive the demand for upstream polysilicon.

Hopson Silicon's foreign investment this time implements the company's overall strategic plan to further expand to the downstream of industrial silicon, lays the foundation for the rapid development of the company's photovoltaic new energy business, and is conducive to the company's creation of new profit growth points. The layout of the whole industry chain of silicon-based new materials enhances the company's industrial scale and comprehensive market competitiveness. Editor/Sang Xiaomei