(Yicai Global) Dec. 3 -- Shares of Shangji Automation reached a historic high today after the solar power equipment maker said that it has won its third large supplier deal in the past month, expecting to gain CNY3.5 billion (USD533.7 million).

Shangji's stock price [SHA:603185] climbed 4.7 percent to CNY104 (USD15.90) today, an all-time high. The company's shares have risen more than five times in value this year.

The high-tech equipment maker will provide monocrystalline silicon blocks to a Baotou-based unit of Canadian Solar till December 2022, the Wuxi-based firm said in a statement yesterday.

Shangji has secured two deals, worth a combined tally of CNY21.6 billion (USD3.3 billion), over the past month amid the rising popularity of solar energy in China.

Editor: Emmi Laine