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About Us

HY SOLAR was founded in 2002, with our headquarter in Wuxi City, Jiangsu Province. We are a listed firm (Stock Code: 603185.SH) focuses on invention and application in the renewable energy industry, and independently owns the entire photovoltaic industrial chain.

HY SOLAR has well-established in business industries such as PV equipment manufacturing, metallurgical-grade silicon and crystalline silicon, PV wafer, cell, module, and new energy power station construction, etc. We are committed to providing society and users with more efficient, easily accessible, and affordable green energy, driven by new technology R&D and deep & vertical integration, in order to achieve the increasing cost reduction and efficiency increase of PV products and promote the realization of the "Dual Carbon" goal, as well as the comprehensive popularization and refined practice of green energy.

  • 2002

    Founded in 2002

  • 2018

    Listing on SSE

  • 229

    Ranked 229th of
    "Hurun China Top 500"

  • 55Billion(CNY)

    Valuation by the end of 2022

  • 6Business Segments

    Equipment, silicon material, PV wafer, cell, module and new energy power station

  • 3Manufacturing Bases

    Wuxi, Baotou, Xuzhou

  • 21.91Billion(CNY)

    Revenue in 2022

  • 21.03Billion(CNY)

    Total assets in 2022

  • 10000+


  • 50GW+

    Integrated N-type PV industry capacity

  • Milestones

  • High-end PV Equipment Manufacturer


    • 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
  • PV New Material Professional Provider


    • 2019Establishment of HOYUAN New Material (Baotou) Co.,Ltd.
      Start of the production of monocrystalline silicon
    • 2020Expansion of monocrystalline silicon production capacity to 8GW per year
    • 2021Expansion of monocrystalline silicon production capacity to 10GW per year
  • N-type PV industry Chain Integrator


    • 2022Investment for metallurgical-grade silicon of 150 kilotonnes annual output
      Investment for crystalline silicon of 100 kilotonnes annual output
      Investment for monocrystalline silicon of 40GW annual output
      Investment for PV wafer of 25GW annual output and N-type PV cell of 24GW annual output
    • 2023Investment for the PV module project with 16GW annual output
      Building vertically-integrated PV industry chain
  • Global Green Energy Industry Eco-Integrator


    • Power plant developer, to create a green energy industry ecosystem
      Strategically provide diverse green energy industrial system solutions
  • Honors

  • Chinese Listed Company Valuation
    Top 500

  • 2022 Forbes Innovation Top 50

  • Hurun China Top 500

  • National High-tech Enterprise

  • National SRDI Enterprise

  • 2022 China Brands
    Top 500

  • China Federation of Commerce Sci-Tech Award

  • China Machinery Industry Sci-Tech Award

  • Major Sci-Tech Undertaking Enterprise of NDRC

  • National Green Factory

  • Jiangsu's Private Company TOP 200

  • Jiangsu's Company in Manufacturing Industry TOP 100

  • 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.

  • 974Million(CNY)

    R&D input in 2022

  • 4.45%

    R&D Cost Proportion in 2022

  • 205

    National patent authorizations

  • 14

    Software copyrights

  • 1

    National key high-tech product

  • 13

    Jiangsu Provincial high-tech products

  • 5

    Provincial & ministerial Sci-Tech Awards

  • 16

    International product certifications

  • Maunfacturing Bases

  • HY SOLAR Headquarter
  • HY SOLAR Building (Under construction)
  • HOYUAN Solar Jiangyin Base
  • HOYUAN New Material Xuzhou Base
  • HOYUAN Energy Baotou Base
  • HOYUAN New Material Baotou Base