The general contract project is a turnkey project located in the Equipment Manufacturing Industrial Park on Equipment Avenue in Qingshan District, Baotou City, Inner Mongolia Autonomous Region. It is approximately 4 kilometers away from the first, second, and third phases of the Hongyuan project. The total project covers an area of 800 acres and is divided into two phases of construction. The current construction project is the 20GW monocrystalline plant (referred to as the Hongyuan Phase IV project), covering a total area of 298 acres. It includes 1600 monocrystalline furnaces and comprises a comprehensive plant area of 260,000 square meters (including 2 monocrystalline workshops, 1 machining workshop, and 1 cleaning workshop), as well as a chemical warehouse of 1226 square meters. The project is scheduled to commence in April 2023 and be completed in March 2024, with an estimated duration of approximately 12 months. As a major project in Qingshan District, Baotou City in 2023, the Phase IV of Hongyuan project will create a "siphon effect" on the surrounding markets, laying the foundation for further market development.