LONGI - TechWire

LONGI

2025.06.28

12:15

LONGi launches module manufacturing plant project in Indonesia

Recently, LONGi Green Energy announced a strategic partnership with Pertamina NRE, a new energy company under the Indonesian National Electricity Company, and officially launched the construction of an advanced photovoltaic module manufacturing base project in Indonesia. The annual production capacity of the plant is expected to reach 1.6 gigawatts (GW), and it will use LONGi's most advanced HPBC 2 high-efficiency battery technology to produce high-performance solar modules. The project is scheduled to start production preparations in June 2025, and after completion, it will greatly enhance Indonesia's local high-efficiency photovoltaic product manufacturing capabilities.

2025.06.24

20:43

Li Zhenguo, founder of Longi Green Energy: Photovoltaic conversion efficiency is expected to reach 35% in ten years

According to China News Service, the World Economic Forum's Annual Meeting of the New Champions 2025 (the 16th Summer Davos Forum) was held in Tianjin from the 24th to the 26th. Li Zhenguo, founder of Longi Green Energy, pointed out at the "What is the current status of energy transformation?" forum held on the 24th that over the past decade, China's photovoltaic industry has led the world through continuous technological innovation. In ten years, the photovoltaic conversion efficiency is expected to reach 35%.

2025.06.12

11:45

LONGi Green Energy breaks two world efficiency records in the photovoltaic industry

On June 12, at the 2025 SNEC International Solar Photovoltaic and Smart Energy Conference, LONGi Green Energy announced two technological breakthroughs: Authoritatively certified by the U.S. National Renewable Energy Laboratory (NREL), its independently developed large-area (260.9cm) crystalline silicon-perovskite two-terminal tandem solar cell conversion efficiency reached 33%, setting a new global large-area tandem cell efficiency record. At the same time, LONGi Green Energy's BC battery module efficiency exceeded 26%. The company said that the two achievements were simultaneously included in the 66th edition of the "Solar Cell Efficiency Table", marking that China's photovoltaic technology continues to lead the world.

2025.06.06

19:18

LONGi Green Energy: HHLR plans to reduce its holdings of no more than 0.50% of the company's shares

LONGi Green Energy announced that as of the date of disclosure of this announcement, HHLR Management Co., Ltd. holds 416 million shares of LONGi Green Energy Technology Co., Ltd., accounting for 5.50% of the company's total share capital. HHLR intends to reduce its holdings by no more than 37.8902 million shares, or no more than 0.50% of the company's total share capital, through centralized bidding transactions within 3 months after 15 trading days from the date of disclosure of the announcement. During the reduction period, if the company's total share capital changes, the number of shares to be reduced will be adjusted accordingly. The reason for the reduction is the demand for fund investment operations.

2025.05.30

19:54

Longi Green Energy Distributed Executives: The market entered a window period from June to September, but subsequent demand remains positive

After the "rush to install", the domestic photovoltaic market is facing a period of sharp contraction in demand. "June to August or September may enter a window period, which is the period for the industry to digest and think about Document No. 136, and it is necessary to consider how to transform the subsequent business." Niu Yanyan, President of Longi Green Energy's Distributed Business in China, said. She believes that after "531", the domestic distributed market is still positive, especially for self-use industrial and commercial distributed projects, which will not be affected by the new photovoltaic policy.

2025.05.26

19:19

Longi Green Energy's Li Zhenguo resigned as general manager, the company responded: it will focus on scientific research

On the evening of May 26, Longi Green Energy announced a high-level personnel adjustment. The adjustment aims to optimize the company's governance structure and strengthen technological innovation, and further clarify the division of labor and strategic direction of the management. The announcement shows that Li Zhenguo will focus on the company's R&D and technology management, and resign from the positions of director and general manager. Regarding this adjustment, the reporter interviewed the relevant person in charge of Longi Green Energy as soon as possible. The person said that the company's changes will not affect daily operations, the controlling shareholder and the actual controller have not changed, and the strategic direction remains consistent. Regarding the specific reasons, the relevant person in charge of Longi Green Energy said that Li Zhenguo's resignation was mainly based on personal work planning. After resigning, in addition to continuing to exercise shareholder rights as a controlling shareholder, he will continue to serve as the president of the company's Central Research Institute and the chief technology officer of the Technology Management Center, and preside over R&D and technology management. After this adjustment, Chairman Zhong Baoshen will concurrently serve as the company's general manager and serve as a legal person in accordance with the provisions of the "Company Law" and "Company Articles of Association". The chairman will be responsible for the company's production and operation management, and Li Zhenguo will focus on the company's product development and new technology management.

2025.05.08

11:07

LONGi Green Energy: We will continue to steadily advance our business in the U.S. market and pay attention to relevant policies

LONGi Green Energy recently stated at a performance briefing that the company currently produces photovoltaic cells in Malaysia and exports them to a joint venture factory in the United States, which produces photovoltaic modules. The United States has also introduced a new tariff policy against Malaysia. Compared with other regions in Southeast Asia, the tax rate faced by the Malaysian factory is relatively low, which has some relative advantages. With the changes in US policies, there is still uncertainty about how the size of the US market will change. The company will continue to rely on the supply chain path that has been established, steadily advance its business in the US market, and keep an eye on relevant US policies.

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.

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