2002Establishment of Wuxi Shangji Grinder Co., Ltd

2004Entry into the solar industry, engaging in the manufacturing of equipment for crystalline silicon

2018Wuxi Shangji Automation was listed on the SSE with stock code of 603185

2019Establishment of HONGYUAN New Material (Baotou) Co.,Ltd.
Entry into PV monocrystalline silicon industry

2020Expansion of monocrystalline silicon production capacity to 8GW per year

2021Expansion of monocrystalline silicon production capacity to 10GW per year

2022-2025 Metallurgical-grade silicon with 150 kilotonnes annual output
High purity crystalline silicon with 100 kilotonnes annual output
Monocrystalline silicon wafer with 55GW annual output
N-TOPCon PV cell with 26GW annual output
N-TOPCon PV module with 26GW annual output

2026-Future Synergized Solar-Storage New Energy Ecosystem
Integrated Solutions for New Industry Scenarios & Demands
Long-termism-driven Win-win Value Model for Industry Chain Partners