Against the backdrop of the "dual carbon goals," the new energy industry has become a key focus for local governments when attracting investment.

In the second half of this year, Jinchen Co., Ltd., a leading manufacturer of photovoltaic module equipment, has reported a string of successes and is riding a wave of momentum.

On June 29, Jinchen Co., Ltd. signed an agreement with the Suzhou Taihu National Tourism Resort to invest 400 million yuan in establishing its East China Smart Manufacturing Headquarters.

On August 17, Jinchen Co., Ltd. held a shipment ceremony for its first set of microcrystalline HJT PECVD mass production equipment.

Two years ago, driven by the strong support of GuChuan United, Jinchen Co., Ltd. established its operations in the Wuzhong Industrial Park in Suzhou, where it expanded production in an orderly manner during the pandemic, solidifying its leading position in the industry.

Today, the successful delivery of core technologies developed over three years marks a crucial step forward for Jinchen Co., Ltd. in next-generation photovoltaic cell technology. This industry leader is poised for a second surge of growth.

From Contract Signing to Implementation in 30 Days

"Securing a Foothold" in China’s Premier Industrial City

Jinchen Co., Ltd.’s partnership with the Suzhou Wuzhong Industrial Park was not without its challenges.

In 2020, leveraging its deep understanding of the photovoltaic industry landscape in the Yangtze River Delta region, the GuChuan United Services team conducted in-depth research and rigorous analysis to precisely match Jinchen Co., Ltd. with China Industrial Real Estate (Holdings) Co., Ltd.’s Suzhou Wuzhong Industrial Park.

In today’s manufacturing landscape, where the sector is in high demand, Suzhou is riding a wave of momentum.

Its robust industrial strength, superior business environment, and formidable innovation capabilities have drawn countless enterprises. Even Huawei, despite the long journey, chose to establish its four headquarters and six centers in Suzhou.

Just as the park was preparing to sign a contract with Jinchen Co., Ltd., a competitor suddenly emerged—everyone was eager to break into Suzhou, a thriving industrial powerhouse with a vibrant private economy.

Having worked in investment promotion for over a decade, this scenario is quite common.

However, acting with a sense of responsibility toward our partner, the GuChuan United Services team promptly contacted the Park authorities. After a series of negotiations, we helped the company and the Park form a community of shared interests, quickly finalized the cooperation agreement, and firmly secured the initiative.

With the assistance of GuChuan United, this A-share listed company completed the project signing and implementation in less than 30 days.

Since then, Jinchen Co., Ltd. has continued to expand its presence in the East China region, striving to extend its operations from the photovoltaic module equipment sector into the photovoltaic cell equipment sector, where it has already achieved significant breakthroughs.

Accelerating R&D to Re-

Jinchen Co. Targets the "100-Billion-Yuan Market"

Benefiting from the explosive growth of the photovoltaic industry, the market for photovoltaic equipment—especially solar cell equipment—is experiencing rapid expansion. It is projected that by 2025, the market size will reach at least 100 billion yuan.

Under these circumstances, a 10% market share would translate to revenue potential in the tens of billions.

According to the interim report, Jinchen Co., Ltd.’s primary revenue source remains module equipment, with solar cell equipment contributing relatively little.

However, this company, dedicated to innovation and development, is set to bear fruit through its deep collaboration with Suzhou, a city known for innovation.

On December 10, 2021, the Wuzhong Economic Development Zone Enterprise Development Service Center was officially inaugurated, providing a more efficient platform to further expand external cooperation and better serve enterprises.

In addition, the Wuzhong Economic Development Zone fully leverages its development zone guidance funds, talent funds, and science and technology innovation funds to enable innovative enterprises and talent to take root, grow, and thrive here, continuously driving the high-quality development of the regional economy through the sustainable development of talent.

In recent years, Jinchen Co., Ltd. has remained committed to R&D and innovation, maintaining an R&D expenditure ratio consistently between 7% and 8%. The “High-Efficiency Battery & Module R&D Laboratory,” constructed with an investment of 102 million yuan, is scheduled to become operational by the end of the year, which is expected to accelerate the company’s R&D efforts.

Close Collaboration Between Government and Enterprises

Tanigawa & Partners Focuses on “Targeted Investment Promotion”

In the increasingly deepening cooperation between Jinchen Co., Ltd. and Suzhou, Guichuan United has played the role of a “facilitator.”

However, without this brilliant beginning, the subsequent story would never have unfolded so spectacularly.

We do not wish to take credit for ourselves, but assisting enterprises in scientifically selecting locations and helping local governments with targeted investment promotion is, in fact, driving the high-quality development of the regional economy.

Similar cases abound.

Leveraging our proprietary investment promotion big data system, a service team with extensive practical experience, and a nationwide network spanning 21 cities, Guchuan United has dedicated 14 years to the investment promotion industry, becoming the bridge connecting governments and enterprises.

As a site selection service provider with both a data-driven mindset and a global perspective—and as a facilitator of regional economic development—we will navigate through economic cycles and view the present through the lens of the future.