HUAMIN(SZ:300345) Quan Jing Wang·2026-02-11 12:54Core Viewpoint - Huamin Co., Ltd. has established deep cooperation with the upstream and downstream of the space photovoltaic industry chain, providing various specifications of P-type HJT dedicated silicon wafers for application testing [1][2] Group 1: Company Developments - In 2023, Huamin Co., Ltd. has laid out the HJT dedicated silicon wafer field and has introduced impurity control technology in the half-wafer cutting process [1] - The first phase of the "10GW heterojunction battery dedicated monocrystalline silicon wafer project" under Honghui New Energy has achieved stable mass production of 5GW capacity [1] - The project mainly produces dedicated silicon wafers for heterojunction, requiring higher standards for thin cutting, precision cutting, and yield [1] Group 2: Industry Trends - The global commercial aerospace industry is accelerating, with P-type HJT batteries becoming the main technological path for the commercialization of space photovoltaics due to their high conversion efficiency, cost advantages, and ultra-thin flexible adaptation [2] - Huamin Co., Ltd. has successfully developed thinner G12 (40μm) half-wafers and is supplying 100μm dedicated silicon wafers in bulk [2] - The chain-type impurity control technology enhances the efficiency distribution uniformity of HJT batteries, contributing to continuous cost reduction and efficiency improvement in the HJT industry [2] Group 3: Competitive Advantages - Huamin Co., Ltd.'s HJT dedicated silicon wafers possess three core competitive advantages: ultra-thin, superior performance, and flexibility, which are expected to strengthen its competitive position in the core material sector of space photovoltaics [2] - The P-type ultra-thin high-efficiency HJT dedicated silicon wafers have completed product sample delivery and have initially achieved market sales, demonstrating high market premium capability [2] - The upcoming explosive growth phase of the space photovoltaic industry is anticipated to become a key driver for the company's long-term performance growth [2]