LONGI - TechWire

LONGI

2025.04.30

00:01

LONGi Green Energy: Shareholder HHLR plans to exchange ETF shares

Longi Green Energy announced that its shareholder HHLR Management Co., Ltd. plans to exchange 37.8902 million shares of the company (accounting for 0.5% of the company's total share capital) for shares of exchange-traded open-end index funds ("ETFs" for short). The reason for the HHLR exchange is to optimize asset allocation. In January 2025, the China Securities Regulatory Commission issued the "Action Plan for Promoting the High-Quality Development of Index Investment in the Capital Market", which clearly proposed to expand the ETF collective subscription targets and promote the normalization of the business. From the perspective of market mechanisms, ETF exchanges can reduce individual stock risks and improve market liquidity by converting a single stock into a basket of assets.

2025.04.29

21:39

Longi Green Energy announced that its revenue in the first quarter of 2025 was 13.652 billion yuan, a year-on-year decrease of 22.75%; its net loss was 1.436 billion yuan, compared with a net loss of 2.35 billion yuan in the same period last year.

21:38

Longi Green Energy: Net loss of 1.436 billion yuan in the first quarter of 2025

21:37

Longi Green Energy: Net profit loss of 8.618 billion yuan in 2024

Longi Green Energy announced that its operating income in 2024 will be 82.582 billion yuan, a year-on-year decrease of 36.23%. The net profit attributable to shareholders of the listed company will be -8.618 billion yuan, a year-on-year decrease of 180.15%. The basic earnings per share will be -1.14 yuan per share. The company does not plan to distribute profits or convert capital reserves into capital in 2024.

2025.04.27

12:07

The photovoltaic industry released the first "Back Contact (BC) Battery Technology Development White Paper"

China Electricity Council, TUV Rheinland, Jianheng, Aixu Technology and LONGi Green Energy jointly released the "BC Technology Industry White Paper" in Beijing. The white paper points out that the current mass production efficiency of BC technology batteries has exceeded 27%, which is 1.6% higher than the mass production efficiency of TOPCon (tunneling oxide passivation contact) batteries. The technical maturity and cost competitiveness are close to the traditional route; its theoretical efficiency limit of 29.1% is close to the theoretical efficiency ceiling of crystalline silicon.

2025.04.11

14:09

LONGi Green Energy's HIBC silicon cell conversion efficiency sets a world record

It was learned from the Longi Green Energy Wuhu Base that after calibration and certification by the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the conversion efficiency of its independently developed HIBC silicon battery reached 27.81%, approaching the theoretical conversion efficiency limit of 29.4%, setting a world record for HIBC silicon battery efficiency.

2025.04.08

15:23

LONGi Green Energy signs the largest BC power station project in Europe

Recently, LONGi Green Energy signed a 226MW Hi-MO 9 module supply agreement in Greece, which is also the largest BC ground power station project in Europe to date.

2025.03.31

19:45

The "New Productivity" theme week of the Shanghai Stock Exchange Main Board Company Performance Briefing officially opened

According to the Shanghai Stock Exchange, on March 31, the "New Quality Productivity" theme week of the performance briefing of Shanghai Stock Exchange main board companies officially kicked off. This year's "Government Work Report" pointed out that it is necessary to "develop new quality productivity according to local conditions and accelerate the construction of a modern industrial system." The development of new quality productivity is an inherent requirement and an important focus for promoting high-quality development. In the next month, Shanghai Stock Exchange main board companies such as NARI, SAIC Group, LONGi Green Energy, GigaDevice, and Wantai Bio will hold performance briefings to show investors the company's new technologies and new products, and share how the company can empower business and drive development with the help of new quality productivity. At the same time, special events of "Artificial Intelligence" and "Private Vitality" will be held during this theme week, and representatives of relevant industrial chain companies and private companies will be invited to collectively hold performance briefings to showcase the company's style. At that time, important members such as the chairman, general manager, financial director, secretary of the board of directors, and independent directors of each company will communicate face-to-face with investors, deeply analyze the company's performance, talk about industry development, and listen to suggestions from all parties. Following the opening of the first theme week of "New Productivity", theme week activities of "ESG Quality Improvement" and "Consumption Renewal" will be launched in succession in the next three months. This year's Shanghai Stock Exchange Performance Briefing will uphold the concept of innovation and service, continue to enrich the form of activities, and help investors to deeply understand listed companies.

13:52

Longi Green Energy's decline widened to 6% in the afternoon, with a turnover of over 1.6 billion yuan.

13:48

Longi Green Energy fell more than 6%, and the photovoltaic ETF fund (159863) held 9.52% of the stock

Longi Green Energy's decline widened to 6.11%. The Photovoltaic ETF Fund (159863) holds 9.52% of the stock. The current decline is 3.27%, and it has fallen for three consecutive days. The latest price hit a 30-day low. The transaction volume was 13.3519 million, an increase of 129.91% from this time yesterday. The shares have increased by 23 million in the past month.

2025.03.17

13:50

Intensified patent war between JinkoSolar and Longi Green Energy may accelerate industry exit

Since the second half of 2024, domestic photovoltaic companies have started to initiate lawsuits over intellectual property rights, and they have suddenly intensified this year. Among them, the two "new and old champions" in terms of module shipments, JinkoSolar and Longi Green Energy, have filed the most intense lawsuits against each other. Since December 2024, the two sides have filed eight lawsuits against each other in various regions of the world in four months. Industry insiders said that before JinkoSolar sued Longi Green Energy, the two sides had contact and negotiations, but JinkoSolar required that in addition to sharing the cost of purchasing LG patents, Longi Green Energy also required that all BC (back contact battery) technology patents be licensed to Jinko. The two sides did not reach a consensus, and then Jinko initiated a lawsuit.

2025.03.14

10:55

A-share photovoltaic concept stocks fluctuated higher, with BC battery stocks leading the gains. Zhongke Cloud Network hit the daily limit, Haiyou New Materials rose more than 4%, and Tongwei Co., Ltd., Longi Green Energy, and JA Solar Technology followed suit.

10:51

Photovoltaic concept stocks fluctuated higher, with BC battery stocks leading the gains

Photovoltaic concept stocks fluctuated higher, with BC battery stocks leading the gains. Zhongke Cloud Network hit the daily limit, Haiyou New Materials rose more than 4%, and Tongwei Co., Ltd., Longi Green Energy, and JA Solar followed suit.

2025.03.09

16:57

Many photovoltaic companies responded to the impact of the power market reform and the significant increase in module production in March

Recently, a number of leading companies in the photovoltaic industry disclosed their February research minutes. The reporter noticed that investors generally paid attention to the potential impact of the domestic electricity market reform policy on subsequent market demand. JinkoSolar said that with the steady progress of the industry's supply-side reform and the recovery of demand after the Spring Festival, coupled with the expectation of rush installation in the first half of the year due to the electricity market reform, the price of components in the domestic market has risen slightly. The company believes that in the short term, the new and old separation policy may stimulate some photovoltaic projects to rush to install in advance; in the medium and long term, it will promote the transformation of the power system to an efficient, low-carbon and flexible direction, give rise to spontaneous energy storage demand, and promote the high-quality development of the photovoltaic industry. Longi Green Energy said that due to the impact of the domestic new energy power market entry policy, it is expected that there may be a certain rush to install in the second quarter of 2025. At present, the domestic distributed market has gradually started to increase in volume, driving the price of distributed components to rise moderately, and other links have also been adjusted to varying degrees due to the influence of terminal demand. Regarding the changes in the prices of the subsequent industrial chain, we still need to pay attention to the changes in the relationship between industry output and demand.

2025.03.06

10:26

Zhong Baoshen, deputy to the National People's Congress and chairman of LONGi Green Energy: Focus on original innovation and strive to achieve high-level scientific and technological self-reliance in the photovoltaic industry

At the 2025 National People's Congress, Zhong Baoshen, deputy to the National People's Congress and chairman of Longi Green Energy, said that historical development practice has proved that only by strengthening the independent innovation system and strengthening original technology and independent innovation can we break through bottlenecks and break through blockades. At present, my country's photovoltaic enterprises have walked into the "no man's land" of global photovoltaic industry research and development. In the future, sustained high-quality development will rely on original technology of independent innovation to break through. It is recommended that the country focus on original innovation of new energy technology in light of the internal and external environment faced by photovoltaic enterprises, increase policy guidance and support, and strive to achieve high-level scientific and technological self-reliance and self-improvement in my country's photovoltaic industry, so that my country's photovoltaic industry can continue to lead in global competition.

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