National Silicon Industry Group Subsidiaries Ink Framework Deal for Electronic-Grade Polysilicon Supply

Stock News02-06

National Silicon Industry Group Co., Ltd. (688126.SH) announced that its subsidiary Shanghai Xinsheng Semiconductor Technology Co., Ltd., along with its controlled subsidiaries Shanghai Xinsheng Jingrui Semiconductor Technology Co., Ltd. and Taiyuan Jinke Silicon Materials Technology Co., Ltd., plan to sign an electronic-grade polysilicon procurement framework agreement with supplier Jiangsu XinHua Semiconductor Technology Co., Ltd. and its subsidiary Xuzhou XinHua Sales Management Co., Ltd. Under the agreement, the buyers will purchase electronic-grade polysilicon products from the suppliers from 2026 to 2030. The total contract value is estimated not to exceed 3.045 billion yuan (including tax).

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