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About Us

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.

  • 2002

    Founded in 2002

  • 2018

    Listing on SSE

  • 185

    Ranked 185th of
    2024 Global Top 500 New Energy Enterprises

  • 6Business Segments

    Equipment, silicon material, PV wafer, cell, module and Storage

  • 1Billion(USD)

    Revenue in 2024

  • 3.95Billion(USD)

    Total assets in 2024

  • 10000+

    Employees

  • 100GW+

    Integrated N-type PV industry capacity

  • Milestones

  • High-end PV Equipment Manufacturer

    2002-2018

    • 2002Establishment of Wuxi Shangji Grinder Co., Ltd
    • 2004Entry into the solar industry, engaging in the manufacturing of equipment for crystalline silicon
    • 2018Wuxi Shangji Automation was listed on the SSE with stock code of 603185
  • Specialized Provider A New PV Materials

    2019-2021

    • 2019Establishment of HONGYUAN New Material (Baotou) Co.,Ltd.
      Entry into PV monocrystalline silicon industry
    • 2020Expansion of monocrystalline silicon production capacity to 8GW per year
    • 2021Expansion of monocrystalline silicon production capacity to 10GW per year
  • Deeply Vertically-integrated PV Service Provider

    2022-2025

    • 2022-2025 Metallurgical-grade silicon with 150 kilotonnes annual output
      High purity crystalline silicon with 100 kilotonnes annual output
      Monocrystalline silicon wafer with 55GW annual output
      N-TOPCon PV cell with 26GW annual output
      N-TOPCon PV module with 26GW annual output
  • Global Leader In Green Energy Ecosystem

    2026-Future

    • 2026-Future Synergized Solar-Storage New Energy Ecosystem
      Integrated Solutions for New Industry Scenarios & Demands
      Long-termism-driven Win-win Value Model for Industry Chain Partners
  • Honors

    Technological Innovation

    "HY SOLAR" has continued to strengthen its independent R&D and innovation capabilities in the field of new energy. lt has its own technical advantages in every field of the photovoltaic industry, thanks to its technical resources and high-end talent reserve, and has received multiple industry accolades.

  • 48.7Million(USD)

    R&D input in 2024

  • 4.65%

    R&D Cost Proportion in 2024

  • 655

    National patent authorizations

  • 15

    Jiangsu Provincial high-tech products

  • 15

    Provincial & ministerial Sci-Tech Awards

  • 17

    International product certifications

  • Maunfacturing Bases

  • High-end Equipment Intelligent Manufacturing Base

    No. 158, Nanhu Middle Road, Binhu District, Wuxi City, Jiangsu Province,China
  • Industrial Silicon Intelligent Manufacturing Base

    Room 501, Management Committee Building, Baotou Jinshan Industrial Park, Guyang County, Baotou City, Inner Mongolia Autonomous Region,China
  • Polysilicon Intelligent Manufacturing Base

    Room 501, Management Committee Building, Baotou Jinshan Industrial Park, Guyang County, Baotou City, Inner Mongolia Autonomous Region
  • PV Wafer Manufacturing Base

    No. 1 South Yuanqu Road, New Planning Zone, Equipment Manufacturing Industrial Park, Qingshan District, Baotou City, Inner Mongolia Autonomous Region
  • PV Cell Manufacturing Base

    No. 88 Jinfeng Road, Economic and Technological Development Zone, Xuzhou City, Jiangsu Province
  • PV Moudle Manufacturing Base

    1159 Gangcheng Avenue, Jiangyin City, Jiangsu Province, China
  • Intelligent Energy Storage Manufacturing Base

    No. 2 Huyang Road, Hudai Industrial Park, Binhu District, Wuxi City, Jiangsu Province, China