Hoshine Silicon addresses exchange queries amid expansion, bond application

Hoshine Silicon Industry (SSE:603260) addressed concerns raised by the Shanghai Stock Exchange regarding its 2024 annual report, providing detailed explanations on its capital expenditures, construction projects, inventory valuation, and vendor relationships. Specifically, the company clarified the timeline and progress of its Yunnan industrial silicon and coal-to-silicon projects, attributing construction delays to market conditions and technological factors.