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Express News | Longi Green Energy Says It Plans to Switch 2024 Auditor From Pwc Zhongtian to Kpmg Huazhen
LONGi Green Energy Technology (601012.SH): Some fundraising investment projects have been re-evaluated and postponed for implementation.
On December 10, GeLonghui reported that LONGi Green Energy Technology (601012.SH) announced that, based on the current supply-demand imbalance in the photovoltaic Industry and the uncertainty of the supply-side capacity clearing timeline, combined with the company's development Global Strategy and the current actual Operation situation, if the company continues to advance the Wuhu (Phase II) annual production of 15GW monocrystalline module project, there will be uncertainty in the project returns in the short term. After comprehensive evaluation, as the existing module production capacity can meet the current operational needs, the company intends to carry out the Wuhu (Phase II) annual production of 15GW monocrystalline module project without changing the investment content, total investment amount, or implementing entity.
LONGi Green Energy Technology (601012.SH): Subsidiary LONGi Leye plans to absorb and merge Shaanxi Leye.
On December 10, GELONGHUI reported that LONGi Green Energy Technology (601012.SH) announced that the Board of Directors approved the absorption merger of the wholly-owned subsidiary LONGi Leye Photovoltaic Technology Co., Ltd. (referred to as "LONGi Leye") with its wholly-owned subsidiary Shaanxi LONGi Leye Photovoltaic Technology Co., Ltd. (referred to as "Shaanxi Leye"). After the absorption merger is completed, LONGi Leye will continue to exist, while the legal entity qualification of Shaanxi Leye will be lawfully canceled. All assets, liabilities, personnel, and Business of Shaanxi Leye will be assumed by the newly established branch of LONGi Leye in accordance with the law. Therefore, one of the fundraising projects of the company's 2019 convertible corporate bonds is "Annual production of 5GW monocrystalline Battery project.
Soochow Securities: The turning point for photovoltaic supply has arrived by 2025, with breakthroughs in mass production of new technologies.
The supply side of photovoltaics is accelerating in clearing and optimization, and the Ministry of Industry and Information Technology has noticeably tightened regulations on energy and water consumption for new production capacity, potentially using energy consumption control as a means to further curb existing output.
Longi Green Energy Technology (601012.SH): has repurchased 0.27% of the shares.
On December 2, according to Gelonghui, longi green energy technology (601012.SH) announced that as of the end of November 2024, the company had repurchased a total of 20.1776 million shares, accounting for 0.27% of the company's total share capital. The highest price for the repurchase was 19.11 yuan/share, the lowest price was 13.23 yuan/share, and the total amount of funds paid was 302.8826 million yuan (excluding transaction fees).
Shareholders in LONGi Green Energy Technology (SHSE:601012) Are in the Red If They Invested Three Years Ago