Insiders say that after Guangheqian becomes a shareholder of the company, there will be further capital increase, and the planned silicon material production capacity will not exceed 1.5 million tons.

Recently, Beijing Guanghai Qiancheng Technology Co., Ltd., jointly invested and established by several leading silicon material companies, has been officially registered, which is seen as an important step in the photovoltaic industry's "anti-overlapping" efforts. According to sources from the industry, in the future, the planned silicon material production capacity retained by related companies will not exceed 1.5 million tons; in addition, the registered capital of Guanghai Qiancheng company is currently 3 billion yuan, with major shareholders including Tongwei, GCL-Poly, Oriental Hope, Dahua Energy, and New Energy Materials. The source also mentioned that Guanghai Qiancheng company will receive additional capital in the future, leading to changes in the shareholding proportions of each shareholder, and the equity shares of Guanghai Qiancheng company will be freely transferable among shareholders.