Leascend(SZ:300051)2023-05-19 11:11Company Overview - Sanwu Huitian is the first company listed on the Growth Enterprise Market in Fujian Province and the first enterprise information service company based on "cloud computing" in China [2] - In 2022, Hainan Juxing became the controlling shareholder, with Huang Mingliang and Ou Yangping as the actual controllers [2] HJT Photovoltaic Project - The company has signed an investment cooperation agreement for a total of 8GW HJT high-efficiency heterojunction battery projects with the government of Danleng County, Sichuan [3] - The project covers an area of 387 acres, with a building area of approximately 106,000 square meters; the main factory has been topped ahead of schedule on April 14, 2023 [3] - The project is designed to have 10 production lines, with the first phase including 4 production lines totaling 3.2GW [3][4] Research and Development - The company has established a team of over 100 people, with nearly 70 technical personnel experienced in HJT mass production and management [4] - The R&D department focuses on new technology development and production line process improvements [4] Equipment Procurement - The company has procured a 1.2GW production line from Maiwei and a 2GW production line from Jinshi, with plans to select mature equipment for the remaining 4.8GW based on market conditions [4] Product Specifications - The company uses 210 half-cell specifications, aiming for a shipping specification of 120um, which offers lower LCOE costs and higher component power [5] - Key technologies such as "bifacial microcrystalline," "large-size silicon wafers," and "silver-coated copper technology" will be adopted in mass production [5] Market Outlook - The demand for HJT batteries is expected to exceed supply in the domestic market this year and next, with positive market expectations [6] - The company is currently in contact with multiple component manufacturers and sees strong demand in overseas markets [6]