Core Insights - TOYO Co., Ltd has signed a sales contract with a U.S. polysilicon manufacturer to secure domestically sourced critical raw materials for its solar manufacturing operations, enhancing its dual-source strategy and ensuring a stable supply [1][2] Group 1: Agreement Details - The sales contract is for one year and aims to strengthen TOYO's ability to meet the growing demand in the U.S. solar market [2] - The partnership establishes a diversified polysilicon supply chain, supporting TOYO's cell manufacturing in Ethiopia and module production in the United States [2][4] Group 2: Strategic Advantages - The U.S. polysilicon supplier is recognized as a leading producer, providing significant scale and reliability [3] - Sourcing polysilicon domestically aligns with U.S. regulatory expectations and supports TOYO's operational and market objectives [3][4] - The combination of U.S.-sourced polysilicon and non-Foreign Entity of Concern (FEOC) overseas supply creates a robust dual-source supply chain to meet U.S. solar demand [4] Group 3: Market Positioning - The agreement enhances TOYO's U.S. expansion by increasing access to domestic materials, positioning the company to deliver cost-effective and sustainable solar solutions [5] - TOYO aims to become a full-service solar solutions provider, integrating various stages of the solar power supply chain [5]