Friday, July 25, 2008

LDK News - New Contract - JYT Corporation

LDK Solar will purchase furnaces used in the manufacturing of multicrystalline and monocrystalline ingots

Excerpts:

"Under this contract, LDK Solar will purchase furnaces used in the manufacturing of multicrystalline and monocrystalline ingots for installation in its manufacturing facilities in Xinyu City. With the world's largest current ingot loading capacity of 800 KG, LDK Solar expects these furnaces to reduce the Company's electricity consumption and capital expenditures, while increasing production efficiency. Delivery will commence in 2008, and extend through 2010. LDK Solar is granted the exclusive right by JYT in purchasing and using this new equipment for the contract period. With this additional equipment, LDK Solar expects to reach 3.2 GW of annualized wafer capacity in 2010.

JYT Corporation, located in Beijing, China, is a leading manufacturer of solar and semiconductor equipment. Its products include float-zone crystal growers, Czochralski crystal growers, polysilicon reactors, directional solidification furnaces, Bridgeman crystal growers, etc. In 2007, JYT produced and sold approximately 600 silicon crystal growers. It is believed that for the past a few years JYT has produced more silicon crystal growers for the photovoltaic and semiconductor industry than any other companies in the world. Our company has passed ISO 9001:2000 certification, and for many years in a row has received the Science and Technology Progress Award from the government. Our products have been exported to USA, Korea and Chinese Taiwan, etc. The revenue of JYT in 2007 is approximately 600 million RMB."


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WOW!!

Great Contract!

800kg Ingots??!! Twice as large as their previously developed 400kg ingots. 3.2GW by 2010??!! Holy...!!

Not only this, but LDK now has a THIRD relationship with a Poly Reactor Supplier!

It seems that JYT has gotten a sweet deal from LDK in their 800kg collaboration. After this contract completes, then JYT can spread that equipment across the market, but for now, it's all LDK's.

Note: It appears that this was broken on the Yahoo Board yesterday from Chinese News releases. Honestly, I didn't think too much of it, I just figured it was something we'd hear more about in a few months. Nope, they've already got it in business!! Kudos to the board for ONCE AGAIN breaking news!


Once again, LDK is demonstrating that they are moving at Light Speed, and developing beneficial relationships with trading partners to not only serve their immediate business, but also to build redundancy into their incoming supply lines of critical factory equipment.



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1 comment:

Laura Hall said...

You've got some great insight into the LDK/JYT deal. We're looking to connect with people who can comment on JYT for a consulting engagement. Do you mind posting up your best methods of contact or shooting me an e-mail at laura@knowledgebid.com?

Thanks for your time.