
Hunan Red Sun Photoelectric Technology
Photovoltaic equipment manufacturing and smart factory solutions.
Date | Investors | Amount | Round |
---|---|---|---|
* | CNY1.0b Valuation: CNY2.7b | Growth Equity non VC | |
Total Funding | 000k |
Hunan Red Sun Photoelectric Technology Co., Ltd. is a state-owned high-tech enterprise established in June 2009. It operates as a subsidiary of the China Electronics Technology Group Corporation (CETC). The company is based in Changsha, Hunan province, China.
The firm specializes in the development and production of photovoltaic (PV) equipment and provides system integration services for smart manufacturing across the solar industry. Its core business encompasses the manufacturing of pan-semiconductor high-end process equipment and delivering integrated solutions for smart factories. Key products include solar panels, diffusion furnaces, plasma etching machines, and high-temperature sintering furnaces. The company has developed a fully automatic solar photovoltaic smart production line and provides system integration services for PV power stations. This positions it as one of the few Chinese enterprises with the capability to research, develop, and produce a full range of PV equipment.
Hunan Red Sun serves industrial clients and has expanded its reach internationally, providing equipment and turnkey project solutions to countries involved in the "Belt and Road" initiative. The business model is centered on an "equipment + process + service" approach, creating a cycle where process needs guide equipment development and equipment advances improve processes. The company has received venture capital funding and in June 2024, it completed a private secondary transaction amounting to $28.1M.
Keywords: photovoltaic equipment, smart manufacturing, solar energy solutions, pan-semiconductor equipment, PV power station integration, solar cell production, diffusion furnaces, plasma etching machines, turnkey solar production lines, alternative energy equipment, advanced manufacturing, CleanTech, solar panels, silicon wafer, monocrystalline silicon, polycrystalline silicon, high-efficiency solar cells, renewable energy, EPC, smart factory