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LONGi Green Energy Technology Chair Plans to Raise Stake; Shares Up 3%
Express News | Longi Green Energy Says Chairman to Increase Company Holdings by No Less Than 100 Mln Yuan Within 12 Months
Longi Green Energy Technology (601012.SH): Chairman Zhong Baoshen plans to increase shareholding of no less than 0.1 billion yuan shares.
Gelonghui, November 25th | Longi Green Energy Technology (601012.SH) announced that on November 25, 2024, the company received a notification from Chairman Zhong Baoshen, stating that Mr. Zhong Baoshen intends to increase his shareholding in the company through the method permitted by the Shanghai Stock Exchange system within 12 months from the date of this announcement, with the amount not less than RMB 0.1 billion.
Boc International: Energy consumption, water consumption, and other indicators are tightening, and the photovoltaic supply side is expected to continue to optimize.
On November 20, the Ministry of Industry and Information Technology released the revised "Specifications for the Infrastructure (2024 Edition)", strengthening the requirements for energy consumption, water consumption, and other indicators at various stages of the industry chain. The difficulty of new capacity for silicon materials, silicon wafers, and batteries has further increased, continuously optimizing the supply side of photovoltaics.
LONGi Advocates for Accelerating the Energy Just Transition Through Green Innovation at COP29
Debon Securities: The photovoltaic sector has a high margin of safety, emphasizing opportunities for overall market valuation improvement.
According to CPIA, the domestic production of polysilicon in 24H1 is approximately 1.06 million tons, a year-on-year increase of about 60.6%. The production of silicon wafers is about 402 GW, a year-on-year increase of about 58.9%. The production of solar cells is about 310 GW, a year-on-year increase of about 37.8%. The production of modules is about 271 GW, a year-on-year increase of about 32.2%. The capacity in each major link continues to maintain an upward trend.