Helping Elite Solar to realise global production capacity layout and integrated multi-industry operation in the PV vertical field

1.The global photovoltaic major consumer markets trade barriers are high: the United States for Chinese photovoltaic enterprises have a number of restrictive clauses: 201, 301, withholding order WRO, Southeast Asia anti-circumvention investigations: Europe and India and other markets are also following up the United States of America on China's photovoltaic restrictive measures; the Turkish market must be in the local factory;

2.Trade barriers gradually spread from finished modules to semi-finished batteries and raw materials such as silicon wafers and other areas, forcing Chinese companies in the PV vertical field of all products to be produced in overseas non-restricted areas, and must be flexible with the trade restrictions to adjust the layout;

3. The original domestic ERP system is completely unable to meet the requirements of globalised layout and global collaboration, and cannot meet the requirements of integrated management of multiple industries (modules, batteries, wafers, and in the future, extended to energy storage products).

1. Hitpoint has built a global production and trading platform for Elite Solar based on the NetSuite platform:

①Domestic headquarter and component supply chain company, Hong Kong & Singapore overseas operation centre and supply chain centre, multi-industry production factories in Vietnam and Indonesia, and multiple financing platforms;

② Intelligent and unified coordination of global supply and demand balance and capacity adjustment through the global supply chain centre in Hong Kong & Singapore, to achieve multiple trade chain automation inter-company related transactions and consolidated statements;

2.Hitpoint provides Elite Solar with a complete solution for the PV manufacturing vertical:

①Multi-modal full process control from PV module & PV cell assembly production to wafer and other raw material process manufacturing (batching - crystal pulling - machine processing - slicing);

② from the photovoltaic characteristics of the master data (parent-child goods) to the sales order allocation (piece-watt conversion) to the production cost of fine accounting (by attribute, by power, etc.) of the personalised landing solution;

3.To achieve a complete process with a variety of components MES and wafer MES through;

4.To achieve the group cost fine control:

① Combing the global trade chain, defining the types and proportion of costs borne by each subsidiary in various trade chains;

② docking third-party logistics provider TMS, access to the costs of each trade chain segment, apportioned to subsidiaries according to the rules;

③ Reduce the overall logistics costs of the Group through logistics pooling while defining the actual operating costs of each subsidiary.

1.NetSuite's globalisation/conglomerate attributes are well suited to Elite Solar's new era of global layout and integrated operation requirements, and can flexibly adjust global production capacity in accordance with trade barriers;

2.Hitpoint has extensive experience in the PV new energy industry and has provided Elite Solar's global business with a complete set of end-to-end solutions in the PV vertical since the beginning of the partnership in early 2022, as well as accompanying consulting and long-term O&M professional services.