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Hongyuan Green Energy Co., Ltd. (referred to as HY SOLAR ), founded in 2002 and headquartered in Wuxi, China, has established itself as a global leader in the green energy sector. The company was listed on the Main Board of the Shanghai Stock Exchange in 2018 (stock code: 603185). As a comprehensive green energy innovation group, HY SOLAR focuses on three core business segments: high-end equipment, full-industry-chain photovoltaic (PV) products, and energy storage. Through integrated industrial deployment and continuous technological innovation, the company has built a strong global competitive presence.
With total assets approaching RMB 30 billion, HY SOLAR operates six modern industrial bases strategically located in Inner Mongolia, Jiangsu, Anhui, and other key regions. The company has developed a large-scale production capacity matrix that includes 150,000 tons of industrial silicon, 100,000 tons of polysilicon, 55 GW of silicon wafers, 26 GW of solar cells, 26 GW of modules, and 5 GWh of energy storage. This enables a fully vertically integrated PV industry chain alongside coordinated development across diverse energy storage applications.
HY SOLAR has strategically acquired the renowned PV brand Suntech, integrating its over 20 years of global brand influence and channel resources to accelerate international expansion. The company has since established regional headquarters in Singapore, Germany, the United Arab Emirates, Australia, and Brazil, with a business network spanning nearly 100 countries and regions. This global footprint supports an international operating system characterized by strong local presence and extensive global reach.
Recognized for its advanced industrial layout, robust technological capabilities, and strong commitment to sustainability, HY SOLAR has been repeatedly named among the Top 500 Chinese Manufacturing Enterprises, the Global New Energy 500, and the Hurun China Top 100 Private Energy Companies. The company has also been honored as a Forbes China Sustainable Innovation Enterprise, with its brand influence and industry leadership ranking among the forefront of the global green energy industry.
Looking ahead, HY SOLAR remains committed to its development strategy of “Technology-Driven HY SOLAR, Intelligent Service Solutions” and its corporate vision of “Making Energy Cleaner, Making the World Better.” By driving industrial upgrading through innovation and expanding globally to connect the future, HY SOLAR is dedicated to building a world-class new energy innovation group defined by technological empowerment, green leadership, and intelligent synergy - contributing to the global energy transition and sustainable development.
Leveraging an integrated PV industry chain, the company has achieved transparent and traceable information flow across the entire production process – from silicon materials to silicon wafers, cells, and modules. This end-to-end system enables complete tracking, monitoring, and precise management, meeting customer demand for trustworthy and verifiable supply chains.
Integrated capacity coordination across the entire supply chain ensures delivery reliability. In response to project demands worldwide, the company is capable of rapid, end-to-end supply – from core products to comprehensive system solutions – streamlining processes for clients and reducing multi-stage coordination costs.
HY SOLAR leverages its full-industry-chain technological capabilities to develop integrated PV-storage solutions tailored for diverse scenarios. Transitioning from single product supply to customized full-scenario services, HY SOLAR applies the core principle of “PV-Storage Synergy” to transform upstream product advantages into downstream, scenario-specific value, meeting the differentiated needs of various clients. This deep adaptability from technology to application enables HY SOLAR to maintain competitiveness in the global market, positioning the company as a reliable partner in driving zero-carbon transformation across industries.
