National Silicon Industry Units Plans to Sign Polysilicon Supply Deal

MT Newswires Live

Feb 09

National Silicon Industry (SHA:688126) subsidiaries intend to sign a five-year electronic-grade polysilicon procurement framework contract with related-party supplier Jiangsu XinHua Semiconductor Technology.

The total estimated contract value from 2026 to 2030 is up to 3.05 billion yuan, according to a Saturday filing with the Shanghai bourse.

The deal aims to secure a stable supply of key raw materials for the company's silicon wafer production.

Shares of the semiconductor wafer manufacturer closed 1% higher Monday.

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