StageIPO | IPO
Date of IPO12/28/2018
About Wuxi Shangji Automation
Wuxi Shangji Automation (SHA: 603185) is a high-end intelligent equipment manufacturing company that focuses on the R&D, production, and sales of precision machine tools. Its products include cylindrical grinding machines, solar photovoltaic equipment, material processing equipment, and more.
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Latest Wuxi Shangji Automation News
Apr 11, 2023
Share Wuxi Shangji Automation Co Ltd. said last week that it will build a solar module factory in Jiangyin, China's Jiangsu province. The Wuxi-based monocrystalline silicon products manufacturer will invest CNY 5 billion in the new facility, which will have an initial annual production capacity of 16 GW. The project's first phase will involve the deployment of 5 GW of panel capacity, at a cost of CNY 1.1 billion. Manufacturing activities at the new facility are expected to start in the third quarter of this year. The new facility will be built in the Jiangyin Lingang Economic Development Zone, in Wuxi, Jiangsu province. Shangji Automation initially achieved revenue of CNY 800 million in 2019. Following a series of investments in the production of monocrystalline wafers and solar cells, it achieved revenue of CNY 10.9 billion in 2021. By the end of 2022, the company had reached a production capacity of 40 GW and 24 GW for wafers and solar cells, respectively. Popular content In March 2022, Shangji announced a plan to invest CNY 11.8 billion in a silicon production base with an annual capacity of 150,000 metric tons (MT) of silicon metal and 100,000 MT of polysilicon . In August, the company decided to invest another CNY 15 billion for 25 GW of wafer- cutting capacity and 24 GW of solar cell capacity. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com . Share Vincent Shaw Since 2014, Vincent Shaw has been reporting on the Chinese solar market for pv magazine. Based in Shanghai, he covers the latest market developments, company news, and industry trends in Greater China. Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so. You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled. Further information on data privacy can be found in our Data Protection Policy . Newsletter
Wuxi Shangji Automation Frequently Asked Questions (FAQ)
When was Wuxi Shangji Automation founded?
Wuxi Shangji Automation was founded in 2002.
Where is Wuxi Shangji Automation's headquarters?
Wuxi Shangji Automation's headquarters is located at No.158, Nanhu Middle Road, Wuxi.
What is Wuxi Shangji Automation's latest funding round?
Wuxi Shangji Automation's latest funding round is IPO.
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