Jiangsu: Special graphite new material production project landed in Suyin Industrial Park

On November 7, "special graphite newmaterial production project" invested by Jiangsu Hongji High-TechMaterials Co., Ltd. was officially signed in Suyin Industrial Park. SuyinIndustrial Park Management Committee, Jiangsu Hongji Company and SuyinDevelopment Company signed the investment cooperation agreement together, andthe signing was witnessed on the line by China-Singapore Suzhou Industrial ParkDevelopment Group Co.

The first phase of Jiangsu Hongji specialgraphite new material production project has a total investment of 1.5 billionRMB and will be built in two phases, which can realize 50,000 tons of isostaticnew material production capacity after reaching production. The first phase ofthe project is expected to start construction in the first half of 2023 and putinto production in 2024. The annual output value is expected to be 6 billionyuan and the annual comprehensive tax contribution is 600 million yuan afterthe first phase reaches production. After the completion of the project, itwill provide upstream raw material support for the photovoltaic industry inYinchuan City and achieve the goal of strengthening and extending the chain.

Ltd. is a manufacturer of isostaticgraphite materials in China. Its main products are isostatic graphite productsfor photovoltaic industry, which are mainly used in photovoltaic industry andhave been expanded to high-end mold field. In the field of photovoltaic, thecompany's products are used to make hot field components for long crystalfurnaces, and the end products are used in Yinchuan Longi, Zhonghuan and otherfamous silicon wafer enterprises such as Jinko and Shangji outside the region,which will effectively solve the problem of shortage of consumables related tohot field for crystalline silicon manufacturing. In the future, the companywill also focus on the industrial layout of nuclear graphite, ultra-fineparticles of isostatic graphite, to the high-end market monopolized by foreigncompanies, to achieve domestic substitution.

Since this year, Suyin Industrial Park hasbeen closely focusing on the strategic layout of developing "threenew" industries and building "two capitals and five bases" inYinchuan City, taking chain and scale as the direction, and carrying out preciseinvestment in the fields of new energy and new materials in Yangtze River Deltaand the Middle East. Industry chain investment, has signed a number of industrychain key link projects such as Jiangsu Zhifu environmental protectionphotovoltaic components, and strive to build momentum for the construction of100 billion level park empowerment, for the "pilot area demonstrationcity" and "innovation development leading city" construction tocontribute to the power of Suyin.