Tongwei Group is a large transnational conglomerate engaged in two main industries, i.e., green agriculture and green energy. At present, it owns more than 300 branches or subsidiaries operating both at home and abroad, with nearly 60,000 employees. Tongwei Group is a National Key Leading Enterprise for Agriculture Industrialization and the first Fortune 500 company in the global PV sector.
Currently, guided by its vision of “for a better life” and its purpose of “pursuing excellence and contributing to society”, Tongwei Group has been unswervingly developing green agriculture and green energy. Its listed company, Tongwei Co., Ltd. (stock code: 600438), has a market value of up to over RMB 300 billion. As for the main business of new energy, Tongwei has become a vertically integrated PV enterprise with the production of high-purity crystalline silicon in the upstream, the production of high-efficiency solar cell panels and modules in the midstream, and the construction and operation of PV power stations in the downstream, forming a complete photovoltaic new energy industry chain with independent intellectual property rights.
In the midstream of the new energy industry chain, TW Solar has deeply engaged in the R&D, manufacturing, and promotion of core products in solar power generation. The company has become the largest crystalline silicon solar cell manufacturer with the most advanced process technology and production equipment, the highest degree of automation, and intelligence in the global PV sector. At present, TW Solar has projects in Anhui, Shuangliu, Meishan, Jintang, Tonghe, and Pengshan base, with an annual cell production capacity of 90GW, becoming the world’s largest solar cell manufacturer with the largest scale of production capacity and shipment volume and the strongest profitability for six consecutive years. According to the company’s capacity planning, from 2024 to 2026, TW Solar cell will have a capacity of 130-150GW. Meanwhile, after several generations of technological precipitation, TW Solar has successfully developed fully flexible, lead-free, environmentally-friendly shingled modules with Tongwei characteristics and half-cut module products covering market demand in an all-round way, which are exported to more than 40 countries and regions and widely used in household rooftop power stations, commercial and industrial distributed power stations, large-scale ground power stations.
In the downstream of the new energy industry chain, Tongwei organically integrates PV power generation with modern fisheries, and is the first in the world to create an innovative model--“Integration of Fishery and PV”. So far, Tongwei has developed and built 52 bases with the model of “Integration of Fishery and PV” in many provinces and cities across the country, with a total capacity of the grid-connected projects reaching 3.7 GW. The green high-quality PV power now benefits thousands of households. As the only leading enterprise engaged in both agriculture and PV new energy industry in China and even in the world, Tongwei has genuinely achieved efficient synergy between agriculture and PV and has finally become a world-leading supplier of green agricultural products and green energy.
In the lower-end of the new energy industry chain, Tongwei organically integrates PV power generation with modern fisheries, and is the first in the world to create an innovative model--"Integration of Fishery and PV". So far, Tongwei has developed and built 52 bases with the model of "Integration of Fishery and PV" in many provinces and cities across the country, with a total capacity of the grid-connected projects reaching 3.4 GW. The clean high-quality PV power now benefits thousands of households. As the only leading enterprise engaged in both agriculture and PV new energy industry in China and in the world, Tongwei has genuinely achieved efficient synergy between agriculture and PV and has finally become a world-leading supplier of green agricultural products and green energy.
In the past 41 years, Tongwei has maintained a steady and rapid development, thereby winning wide recognition from all walks of life. In 2023, Tongwei made it to the Fortune 500 Companies, and has been included in the Top 500 Chinese Enterprises, the Top 500 Global New Energy Enterprises, the Top 500 Chinese Private Enterprises, the Top 100 Private Enterprise Manufacturing Enterprises, the Top 100 Chinese Listed Private Enterprises and the Top 50 Competitive Private Enterprises in China for many straight years, and also won the second prize of the National Science and Technology Progress Award three times. In 2023, Tongwei’s brand value reached a new high of RMB 201.376 billion, ranking among the top 50 brands on the list of China’s 500 Most Valuable Brands and once again ranking first place in the aquaculture and PV sectors in the world. Mr. Liu Hanyuan, Deputy to the NPC, Vice Chairman of the All-China Federation of Industry and Commerce, and Chairman of the Board of Directors of Tongwei Group, has continuously received high praise and recognition from various sectors of society. He has been honored with titles such as one of the 100 Outstanding Private Entrepreneurs in the 40 Years of China’s Reform and Opening-up, National Model Worker, National Outstanding Entrepreneur, Leading Figure in China’s Energy Industry, China Siyuan Charity Award, Top 10 Economic Figures of the Year, Corporate Citizen of the Year, The Most Entrepreneurial Business Leader, and Global New Energy Influential Man of the Year.