Summary
[Oriental Risen: The subsidiary signed a cooperation framework agreement with Shuangliang Energy Conservation Sun Company]Oriental Risen (300118) announced on the evening of May 9 that Risen Anhui, a wholly-owned subsidiary of the company, and Shuangliang Energy Conservation Sun Company, a wholly-owned subsidiary of the company, Shuangliang Silicon Materials signed the “Cooperation Framework Agreement” on the same day, stipulating that during the period from May 2022 to December 2024 (subject to the actual situation), Shuangliang Silicon Materials promised to supply no less than a certain amount of silicon wafers to Risheng Anhui every month. Risheng Anhui promises to purchase a certain amount of silicon wafers from Shuangliang Silicon Materials every month to form a long-term, stable and trustworthy supply partnership. (Securities Times)
Oriental Sunrise(300118) The evening of May 9announcementRisheng Anhui, a wholly-owned subsidiary of the company, andShuangliang energy savingShuangliang Silicon Materials, a wholly-owned subsidiary company, signed the “Cooperation Framework Agreement” on the same day, stipulating that during the period from May 2022 to December 2024 (subject to the actual situation), Shuangliang Silicon Materials promised to supply not less than Risen Anhui every month. For a certain number of silicon wafers, Risheng Anhui promises to purchase a certain amount of silicon wafers from Shuangliang Silicon Materials every month to form a long-term, stable and trustworthy supply partnership. According to PVInfoLink’s latest announcement of the average price of monocrystalline silicon wafers and the production scheduling plans of both parties, the estimated amount of the agreement is about 14.227 billion yuan (tax included) in three years.
(Article Source:securitiesTimes)