Jiangsu Huasheng Tianlong Photoelectric Receives Large Order for Monocrystalline Silicon Growth Furnace

Chinese equipment manufacturer Jiangsu Huasheng Tianlong Photoelectric sealed a large monocrystalline silicon growth furnace order from equipment manufacturer SuperBrain valuing RMB 186 million (US $29.95 million).

SuperBrain purchased 256 DRF-95 monocrstalline silicon growth furnaces from Tianlong Photoelectric, which is equivalent to nearly 99.39% of the latter’s total revenue for the fiscal year of 2015. This is expected to benefit the company’s operations in 2016, and have little impact on business operations.

Financial report for third quarter of 2016 indicated Jiangsu Huasheng Tianlong Photoelectric’s posted a loss of RMB 26.45 million for the first nine months of 2016.

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