Recently, Beijing Guanghe Qiancheng Technology Co., Ltd. has been formally established, with Hou Yicong serving as its legal representative and boasting a registered capital of 3 billion yuan. The company is registered in Chaoyang District, Beijing. Its business scope encompasses a range of services, including technical services, technology development, and business management consulting. Shareholder details reveal that Tongwei Photovoltaic Technology (Emeishan) Co., Ltd., a wholly-owned subsidiary of Tongwei Co., Ltd., stands as the largest shareholder, holding a 30.35% equity stake. Other significant shareholders include GCL Technology Consulting Services (Suzhou) Co., Ltd., Xinjiang Daqo New Energy Co., Ltd., Shanghai East Hope New Energy Technology Co., Ltd., Xinte Energy Co., Ltd., and Asian Silicon (Qinghai) Co., Ltd. According to industry experts, the new company is poised to seek out potential strategic cooperation opportunities within the polysilicon industry, focusing on areas such as technological advancements, market expansion, and the optimization of production capacity and costs.