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Tongwei has initiated a bid to acquire all equity of Lihao Clean Energy, a company focused on solar-grade polysilicon production. The acquisition aims to optimize Tongwei's industrial chain and enhance competitiveness without altering its controlling shareholder. Lihao Clean Energy, established in April 2021 with over RMB1 billion in registered capital, operates polysilicon facilities in Qinghai and Sichuan and plans significant investments in production capacity.