LONGi Advocates for Accelerating the Energy Just Transition Through Green Innovation at COP29
Research reports unearthed | Haitong Sec: Longi Green Energy Technology's Q3 profitability has rebounded somewhat, giving it an "outperform" rating.
According to the haitong sec research report, longi green energy technology (601012.SH) showed some recovery in profitability in Q3 2024. The company's silicon wafer shipments in the first three quarters reached 82.80 GW, and battery module shipments totaled 55.39 GW; in the third quarter, they were 38.37 GW and 21.39 GW respectively, both showing growth compared to the previous quarter. According to the company's semi-annual report, the HPBC2.0 product will be launched at scale by the end of 2024, and by the end of 2025, the production capacity of BC batteries will reach 70 GW, with HPBC 2.0 capacity accounting for about 50 GW. By the end of 2026, the domestic battery base is planned to be fully operational.
Longi Green Energy Technology (601012): Losses narrowed in the third quarter, BC technology firmly positioned.
In Q3 2024, the company's profitability has shown signs of recovery. According to the company's Q3 2024 financial report, the company achieved revenue of 20.064 billion yuan, a year-on-year decrease of 31.87% and a quarter-on-quarter decrease of 3.79%, mainly due to product price reductions.
Express News | The photovoltaic industry reopens a self-discipline meeting, hoyuan green energy responds: the overall industry's start-up rate has decreased, and the company has not been affected by policies in terms of start-up rate.
Express News | Longi Green Energy Technology established a photovoltaic technology company in Ningxia with a registered capital of 10 million.
Express News | Longi Green Energy Technology has established a new company that includes business related to contract energy management.