Tongwei stated working revenue will fall to CNY 139.104 billion ($19.29 billion) in 2023, down 2.33% year-on-year. Its internet revenue fell to CNY13.574 billion, down 47.25%. The gross sales quantity of polysilicon elevated by 50.79% yearly to 387,200 tons. Solar cell gross sales elevated by 68.11% year-on-year to 80.66 GW, whereas module gross sales elevated by 292.08% year-on-year to 31.11 GW. By the tip of 2023, the corporate has efficiently decreased the common manufacturing value of monocrystalline silicon to CNY42,000/ton or much less. This 12 months, Tongwei goals to increase its polysilicon manufacturing capability to greater than 850,000 tons and its N-type cell manufacturing capability to greater than 100 GW. Its goal for 2024 consists of delivery 550,000 tons of polysilicon, 90 GW of photo voltaic cells, and 50 GW of modules.

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