XuRi Technology Continuously Secures Major Contracts in the PV Cell Module Equipment Sector, Demonstrating Industry-leading Strength

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Collaboration with Xinjiang Middle Hoshine Silicon Industry:

XuRi Technology and Xinjiang Middle Hoshine Silicon Industry Co., Ltd. have entered into a contract for PV cell module equipment procurement, with a total contract value of approximately 380 million yuan. This collaboration not only signifies Xinjiang Middle Hoshine Silicon Industry's high recognition of XuRi Technology's technical expertise and quality but also highlights the deep-rooted cooperative relationship between the two enterprises.

Cooperation with DAS Solar New Energy Technology (Xinzhou):

Prior to this, XuRi Technology had established an important partnership with DAS Solar New Energy Technology Co., Ltd. (Xinzhou), obtaining a procurement contract for PV cell module equipment. In this collaboration, XuRi Technology won bids for more than 10 production lines, setting a new record for the company in terms of single orders, reflecting DAS Solar New Energy's trust and expectations for XuRi Technology.

Cooperation with Jiangsu Runergy New Energy Technology

In August of the previous year, Autowell disclosed that its subsidiary, XuRi Technology, was awarded the contract for the N-type solar cell production project of Jiangsu Runergy Eastern PV Technology Co., Ltd., which operates under Jiangsu Runergy New Energy Technology Co., Ltd. The winning bid was valued at approximately ¥130 million, encompassing 12 production lines.

In a notable development this year, Yunnan Runergy Century PV Technology Co., Ltd., a fully-owned subsidiary of Jiangsu Runergy New Energy Technology Co., Ltd., once again selected XuRi Technology as their collaborative partner, entrusting them with an additional 12 production lines.

These back-to-back collaborations underscore XuRi Technology's prowess in technological innovation and astute market strategies. They further solidify its position as a technological frontrunner in the industry and accentuate the profound trust clients have in its solutions.

Undoubtedly, the profound collaboration with these three companies has continuously bolstered XuRi Technology's leading position in the photovoltaic cell equipment market, showcasing its excellence in R&D, production, and application. XuRi Technology looks forward to forging partnerships with more industry players in the future and continuing to advance the PV cell module equipment sector.

About XuRi

Wuxi Autowell XuRi Technology Co., Ltd., a subsidiary controlled by Wuxi Autowell Technology Co., Ltd. (stock code: 688516), is founded in August 2021 with total registered capital of 30 million Yuan. XURI is engaged in the R&D, manufacturing and applications of PV cell equipment. The main products include PV Cell Screen Printing Line, PV Cell Firing and Passivation Furnace, PV Cell Packaging System and Intelligent PV Cell Logistics System, which are suitable for multiple cell processes such as PERC, Topcon and IBC. The competitive product PV Cell Firing and Passivation Furnace has already ranked first in market share. Leveraging the unique design of four reciprocating printing platforms and their alternate motion, the PV Cell Screen Printing Line is ideal for the large-sized and ultra-thin cells and guarantees the performance of high capacity, great precision and strong compatibility.

In the future, XURI will focus on the PV cell industry, drive global intelligent manufacturing and become another brand image of ATW.