YUZE

INFORMATION CENTER

Good news! Yunnan Yuze Semiconductor Co., Ltd. completed the B round of financing exceeding 1.2 billion yuan


 

Yunnan Yuze Semiconductor Co., Ltd. (hereinafter referred to as "Yuze Semiconductor") was established in May 2019 with the mission of "focusing on silicon materials and protecting the green earth". With the strong support and cultivation of the Chuxiong Prefecture Government and the Chuxiong City Government of Yunnan Province, as a local photovoltaic company in Yunnan, Yuze Semiconductor has developed into a world-leading manufacturer of N-type silicon wafers.

 

 

Recently, Yuze Semiconductor officially announced the completion of the B round of equity financing, with an amount of more than 1.2 billion yuan and a post-investment valuation of nearly 10 billion yuan. The B round of financing was led by the National Green Development Fund Co., Ltd., followed by Goldstone Investment, SDIC Chuanghe, Zhejiang Seaport Group, Ningbo Kaitou Group, and Chuxiong Urban and Rural Investment. In 2022, Yuze Semiconductor completed two rounds of equity financing, with a total financing amount of more than 2 billion yuan.

 

As the pioneer and leader of photovoltaic N-type silicon wafers, Yuze Semiconductor has achieved many technological and process innovation breakthroughs in N-type silicon wafer technology, and realized three mainstream technology routes for N-type photovoltaic cells (HJT, TOPCon and IBC ) full coverage, a number of technical indicators leading the industry. At present, Yuze Semiconductor is the first in the industry to realize the mass production of 120-micron 210-small gold bricks, and has broken through the technical barrier of 90-micron-thick 210-small gold bricks. Yuze Semiconductor currently has a production capacity of 15GW for N-type large-size silicon wafers, and a production capacity of 20GW under construction simultaneously. It is planned that the production capacity of N-type silicon wafers will exceed 55GW by the end of 2024.

 

 

This round of financing will help Yuze Semiconductor's production capacity expansion and innovative development. Yuze Semiconductor will continue to maintain technology-driven, steady innovation, and is committed to providing Yuze solutions for the high-quality development of the global photovoltaic industry and contributing to the implementation of the global green and low-carbon mission. strength.