To produce a high conversion rate of monocrystalline silicon Central shares 3 billion set-increase plan

Central shares Dong An Yanqing revealed that, from the comprehensive cost point of view, CFZ monocrystalline silicon with diamond line slicing technology, the production of monocrystalline silicon wafer cost, compared to the current market level reduction of about 20%-30% our correspondent Hunan September 23 night, central shares issued a rather surprising "fixed increase plan." Surprised, first of all, the launch of a huge scale of 3 billion trillion of refinancing programs, only central shares completed a 1.9 billion-dollar non-public offering in December last year, and the confidence of the company has gone up for less than a year. In addition, in the "plan to increase", Central shares want to pass its investment project- CFZ single crystal silicon and ultra-thin gold steel stone line monocrystalline silicon Slice project, CFZ area fused monocrystalline silicon and the gold steel Slice project production, realizes the company independent research and development "applies the direct pull and the district Fusion Fusion technology implementation in the conversion efficiency achieves 24%-26% the CFZ monocrystalline silicon wafer" the industrialization.　　While in our country similar practical products (non-laboratory data) conversion rate generally maintained at the 17%-18% level, Central shares this move, enough to be staggering. On the evening of September 23, An Yanqing, a director of Central shares, said in an interview with the Securities daily on "the plan to raise the bill", "This is the moment to launch such a　　To increase the plan ', on the one hand, based on our own technical advantages and the development of new energy industry full confidence, on the other hand, based on our own positioning, in the market most needed at the moment, using ' after the advantage ' to seize the commanding heights.　　Thinner, lower-cost monocrystalline silicon tablets according to the plan, the central shares will be for not more than 10 specific investors, to no less than 17.99 yuan/share of the issue price, issued no more than 166.76 million shares, financing not more than 3 billion yuan. Raise funds will have 1.3 billion yuan for "CFZ mono crystal silicon and ultra-thin gold steel stone line monocrystalline silicon Slice project", 1.1 billion yuan for "CFZ area fused monocrystalline silicon and diamond Line slice project", 600 million yuan is used to replenish the liquidity.　　In addition, the "contingency plan" shows that in order to complete the above projects, the central share of the shares must be self-financing at least 280 million yuan. "The above raises the investment project not only can produce ' electronic grade ' monocrystalline silicon, can also produce ' solar grade ' monocrystalline silicon. "In fact, the CFZ monocrystalline Silicon is a patented technology product that was successfully developed ten years ago," An Yanqing.　　But it has not been applied to the field of photovoltaic power generation. In this regard, Central shares, "the feasibility of the use of fund-raising report" introduced, CFZ monocrystalline silicon is characterized by the use of direct-pulling growth process doping and casting ingots, using the zone melting method and the company's own exploration of the special process of deoxidation, go unless doping impurities and monocrystalline. In short, this process can produce higher purity monocrystalline silicon, so it has a higher conversion rate than similar products (24%-26%).　　At the same time, because CFZ monocrystalline silicon growth is a low-cost CZ polycrystalline bar, its cost is far lower than FZ monocrystalline silicon, effectively reducing the cost of raw materials. Today, thanks to the development of slicing technology, CFZ monocrystalline siliconCan be cut into thinner wafers, at the same time with good consistency (thin slices, the higher the yield, the lower silicon raw material costs).　　In fact, it is in order to play in the new energy industry with high purity, high conversion rate of the product advantage, Central shares only determined to raise 3 billion yuan investment Cfz crystal silicon and ultra-thin gold steel stone line monocrystalline silicon Slice project, CFZ area fused monocrystalline silicon and gold steel stone line slice project.　　Industrialization of diamond wire slicing technology An Yanqing said, "When the project is put into production, Central shares will become the first to achieve all of this technology industrialization enterprises." According to the reporter understands, this originates from the Japanese slicing technology, the cutting speed is three times times the traditional craft.　　At the same time, it uses recyclable water-soluble coolant, wafer surface quality, damage layer, warping deformation small, thin slices, thick film consistency. "From the slice equipment, the cost is certainly higher than the traditional process, but because of the above advantages, the technology to improve the quality of silicon wafer, unit silicon chip rate and slice efficiency, reduce silicon cutting loss." Therefore, from the comprehensive cost point of view, it greatly reduced the chip cost of the wafer, compared to the current market level of about 20% to 30%.　　An Yanqing to reporters.　　And for another important technical indicators, although An Yanqing not specifically disclosed to the reporter that the technology can be achieved slice thickness, but she also admits, "it can do than the current market any one wafer is thin." Introduction of the "plan" of shares in Central, future "CFZ single crystal silicon and ultra thin diamond line silicon slice project" the production year is expected to achieve an average sales income of 1,917,550,000 yuan, investment finance internal rate of return of 20.94%, investment recovery period of 5.9 years (including construction period), the total investment yield of 21.27%,　　The average annual profit amounted to 358.09 million yuan. and "CFZ Zone fused monocrystalline silicon and diamond wire slicing project" Production year is expected to achieve an average sales income of 812.96 million yuan, investment finance internal rate of return of 19.68%, investment recovery period of 5.86 years (including construction period), the total investment yield of 17.9%, the annual average annual profit is 231.69 million yuan.