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On May 9, the people’s government of Damao Banner in Baotou City, Inner Mongolia, held a signing ceremony for a 300,000-ton/year green substrate project with Tongwei Co., Ltd. (abbreviated as Tongwei Shares). The project under contract is Tongwei Co., Ltd.’s first green substrate project; the first phase of this project, with an annual production capacity of 100,000 tons, is expected to come online in 2024. Located in the Bayun Industrial Park (Zero-Carbon Park) of Damao Banner, this project will leverage the abundant wind and solar resources available there to promote the green production of silicon materials. It will also involve the development and utilization of new energy sources, thereby contributing significantly to the green and low-carbon development of the local industrial economy. Both sides stated that they would use the signing of this project as an opportunity to further strengthen cooperation between enterprises and local authorities. Aiming to turn Baotou into a \"capital of rare earths\" and a \"green silicon city,\" they plan to develop flagship industrial clusters with distinct advantages and characteristics, in order to promote high-quality development. Liu Hanyuan, chairman of the board of directors of Tongwei Group, said that the green substrate project will raise standards in terms of automation, production technology, and environmental protection, thereby creating a large-scale, high-quality green substrate production system that is leader in the world. It is reported that Inner Mongolia Tongwei Green Matrix Co., Ltd. was established on April 26, with a registered capital of 10 million yuan; it is indirectly wholly owned by Tongwei Co., Ltd.