According to the Tianyancha App, Sichuan Yongxiang Silicon Materials Co., Ltd., a subsidiary under Tongwei Co., Ltd., has recently finalized alterations to its industrial and commercial registration. The company’s registered capital has surged from 1 billion yuan to 2.17 billion yuan, representing a significant 117% increase. Founded in May 2016, Yongxiang Silicon Materials is led by legal representative Yuan Zhonghua. The company’s core operations encompass the research and development, manufacturing, and marketing of solar silicon materials, monocrystalline silicon wafers, and polycrystalline silicon wafers. It operates as a wholly-owned entity under Sichuan Yongxiang Co., Ltd., which itself is a subsidiary of Tongwei Co., Ltd.