Shaanxi Non-Ferrous Tian Hong REC Silicon Materials Co., Ltd (hereinafter referred to as the company) is a High-tech Joint Venture focus on manufacture, sales, service and R&D of super-purity silicon material. The company was jointly invested by Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd, which is a wholly-owned subsidiary of Shaanxi Non-Ferrous Metals Holding Group Co., Ltd, and REC Silicon INC, the world leading polysilicon company. The company was established formally on July 2014 with registered capital 498 million US dollars. Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd holds the 51% of the shares, and REC Silicon INC holds 49% of them.

The company is located in Yujia Industrial Park in Yulin city. In order to put into practice the Scientific Outlook on Development of Central Government and follow the guiding principle from Shaanxi Province government that speeding up the establishment of energy- chemical industry base in North Shaanxi, the company takes fully the advantage of the local superior resources to build the silicon production line with the annual capacity of 500 tons of high-purity silane gas, 1,000 tons of electronic grade polysilicon, and 18,000 tons of granular polysilicon by relying on the ¡°coal-power-silicon¡± industrial chain, introducing REC Silicon INC global leading technology of producing electronic grade polysilicon, electronic grade silane gas and granular polysilicon. The Electronic and Photovoltaic New Materials Industrialization project is built with a total investment of 8.7 billion RMB and the annual value of production will reach 4 billion RMB after being fully operational.

The company is obedient on the principle of production and management that green and low-carbon, cooperation and mutual benefits, return back to the society. The technology ¨C Fluidized Bed Reactor (FBR) for producing the granular polysilicon does not only reduce significantly the manufacture cost of the polysilicon, and supply the downstream enterprises with high-quality and low-price raw materials, but also achieve the Continuous Monocrytalline Silicon Pulling and increase efficiently the output of Polysilicon per Ingotting furnace, and improve the productivity and enhance the competitive advantage in market and realize mutual benefits. Electronic grade polysilicon and electronic silane gas produced in our company using the global leading technology will reach the high standard in international market, and fill the gap in domestic silicon market, meanwhile this project plays an important role in improving the supporting capability of Shaanxi Province silicon materials industry for Samsung projects and facilitates Shaanxi Province to be the semi-conductor manufacture base with the most complete industrial chain and the most advanced technology.

Faced with the fierce market competition and the new normal for economic development, the company will focus on project building, and rely on the new platform of joint venture to create the new pattern of scientific management and reach the high starting point, high standard, high quality, high efficiency and benefit. The company will realize the sound and sustainable development, enhance and consolidate the leading position in China silicon material industry, and create a large-scale silicon materials corporation with international competitiveness by highlighting the innovation-driven, improving production and operation.