To Our Investors
Dear Investors,
Hello!
Thank you for your attention and support for United Solar Polysilicon (FZC) SPC As an innovative company focused on the production of polycrystalline silicon, we firmly believe that solar energy will be the cornerstone of future energy. Our company is committed to providing the world with clean and affordable energy solutions. We are not only actively exploring technological innovation but also striving to play an important role in sustainable development to drive the global energy transition.
I am Sam Zhang, the founder and chairman of United Solar, with over 15 years of experience in the solar industry. During this period, I have assisted three companies in successfully going public, and the total market value of these companies currently exceeds $20 billion. United Solar Co., Ltd. has assembled a team of over 100 solar experts, each with 10 to 20 years of experience. We have successfully built more than 1 million tons of polycrystalline silicon production capacity and over 50GW of wafer production capacity. Today, we are accelerating our expansion and actively attracting top talent from around the world to further enhance our production capacity and technical strength.
Over the past 20 years, the solar industry has experienced unprecedented growth and has become one of the fastest-growing renewable energy sectors globally. This rapid development is driven by several factors, including technological advancements, a significant decrease in production costs, and supportive policies from governments worldwide. For example, the U.S. Inflation Reduction Act (IRA) and the growing global demand for renewable energy have accelerated the development of the solar industry. According to the latest market forecasts, solar installation capacity in the U.S. is expected to reach 39GW by 2025, creating a vast market opportunity for our company.
However, while the solar industry is growing rapidly, it also faces challenges related to raw materials. Polycrystalline silicon, a key material for manufacturing solar panels, has seen rapidly growing demand, with the majority of global suppliers concentrated in China. Since the quality and cost of polycrystalline silicon directly impact the final price of solar panels, the demand for polycrystalline silicon worldwide far exceeds supply capacity. Over the past few years, the price of polycrystalline silicon has fluctuated significantly, posing challenges to both manufacturers and consumers. Therefore, United Solar has decided to invest in building polycrystalline silicon production facilities in Oman. Through this strategic decision, we aim not only to meet the growing demand from the global market but also to enhance production stability and contribute to the sustainable development of the global solar industry.
As chairman, I am proud of the growth and achievements of United Solar. I firmly believe that as the global energy transition accelerates, solar energy as a clean and renewable source will continue to see growing demand, creating even greater market opportunities. Our mission is "To develop green energy and protect the Earth," thus providing cleaner and more affordable energy solutions to the world. At the same time, we will actively fulfill our corporate social responsibility, participating in the transformation and sustainable development of green energy. We are confident about the future and look forward to partnering with you to embark on a brighter future together.
Best regards,
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