LONGI - Asia Tech Wire

LONGI

2025.01.06

19:00

LONGi responds to JinkoSolar’s suit for patent infringement

Recently, JinkoSolar has sued Longi Green Energy in the Nanchang Intermediate People's Court, demanding that LONGi immediately stop infringing on relevant invention patents and compensate for economic losses. The case has been accepted.

2025.01.03

16:02

JinkoSolar sues LONGi for patent infringement

Chinese solar panel maker JinkoSolar has sued rival LONGi in the Nanchang Intermediate People's Court.

15:31

LONGi Green Energy: Will promote cost reduction of BC battery technology from three aspects and maintain a cautious attitude towards overseas expansion

The investor relations activity record sheet recently disclosed by LONGi Green Energy shows that in December 2024, the company participated in the institutional strategy meeting, conducted online meetings and accepted on-site surveys. Investors mainly focused on market demand in 2025 and the progress of the company's BC products. It is reported that LONGi Green Energy launched Hi-MO X10, a distributed module product based on HPBC2 battery technology, in October 2024. The maximum mass production power reaches 670W, and the overall performance is significantly improved compared to the first-generation BC products. According to the company's plan, HPBC1 battery production capacity will be gradually upgraded to HPBC2. Currently, some HPBC1 production lines have been transformed to HPBC2. Previously, LONGi Green Energy and Yingfa Deyao carried out technical authorization and equity cooperation in the construction of HPBC battery production capacity, aiming to accelerate the industrialization process of high-efficiency BC battery technology, continuously meet the global market demand for BC products, and build the development of BC battery technology. a benign ecology.

2025.01.01

18:56

LONGi Green Energy: As of the end of December, a total of 2,017,760 shares have been repurchased

LONGi Green Energy announced that the company held the second meeting of the fifth board of directors in 2024 on February 29, 2024, and reviewed and approved the proposal to repurchase the company's shares by centralized bidding transactions for employee stock ownership plans or equity incentives. The total amount of repurchase funds shall not be less than 300 million yuan (inclusive) and not more than 600 million yuan (inclusive), and the repurchase price shall not exceed 31.54 yuan per share (inclusive). The repurchase period shall not exceed 12 months from the date on which the company's board of directors reviews and approves the share repurchase plan. In December 2024, the company did not implement share repurchases. As of the end of December 2024, the company has repurchased a total of 20.1776 million shares, accounting for 0.27% of the company's total share capital. The highest price of the repurchase transaction was 19.11 yuan per share, the lowest price was 13.23 yuan per share, and the total amount of funds paid was 303 million yuan (excluding transaction fees). The above repurchase progress is in line with the established share repurchase plan.

2024.12.27

13:13

LONGi Green Energy president: Accept reality of slowdown in PV industry and firmly rely on technological innovation to break through

Li Zhenguo, founder and president of LONGi Green Energy, said in a recent interview, "I never expected that the price of photovoltaic products would now be below the cost line."

2024.12.18

19:51

Zhongjing Technology: Longi Green Energy plans to reduce its holdings of no more than 3% of the company's shares

Zhongjing Technology announced that its shareholder Longi Green Energy plans to reduce its holdings of the company's shares by no more than 3.9 million shares, accounting for 3% of the company's total share capital, through centralized bidding or block trading within 3 months after the 15th trading day from the date of disclosure of the reduction plan. As of the date of disclosure of the announcement, Longi Green Energy held 11.7 million shares of the company, accounting for 9% of the company's total share capital. This reduction is due to the shareholder's own capital needs, and the reduction price will be confirmed based on the secondary market price and trading method at the time of the reduction.

2024.12.17

14:48

LONGi Hydrogen Energy and European Customers Join Hands to Promote Important Hydrogen Energy Projects in Northern Europe

According to LONGi Hydrogen Energy, LONGi Hydrogen Energy has recently successfully signed an electrolyzer system purchase order with a European customer, and will provide multiple sets of safe, efficient, and low-power Hi1 series electrolyzers and their auxiliary systems (BoP) at the thousand-cubic-meter level for a landmark green hydrogen project in Norway. The project is scheduled to start operation in 2026, replacing fossil fuels with e-fuels. LONGi Hydrogen Energy was established in March 2021 and is a holding subsidiary of LONGi Green Energy.

2024.12.10

17:41

LONGi Green Energy: It is expected that the total guarantee amount between the company and its wholly-owned subsidiaries will not exceed 50 billion yuan in 2025

LONGi Green Energy announced that according to the business development needs of the company and its wholly-owned subsidiaries, it is expected that the total amount of new guarantees provided by the company to its wholly-owned subsidiaries, mutual guarantees between wholly-owned subsidiaries, and guarantees provided by wholly-owned companies to the company will not exceed RMB 50 billion in 2025. Among them, the new amount of guarantees provided to guarantee objects with an asset-liability ratio of 70% or more will not exceed RMB 40 billion, and the new amount of guarantees provided to guarantee objects with an asset-liability ratio of less than 70% will not exceed RMB 10 billion.

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