**: Global Tiger Finance.
On the evening of January 29, LONGi Green Energy announced that the company received a notice from Chairman Zhong Baoshen on January 29 that it intends to implement the first increase in holdings on January 30, 2024, and will continue to implement its shareholding increase plan in the future.
According to the disclosure, Zhong Baoshen plans to increase his holdings of the company's shares in a manner allowed by the Shanghai ** Exchange system within 12 months from October 31, 2023, with an increase of no less than 100 million yuan and no more than 1500 million yuan.
As of September 30, 2023, Zhong Baoshen held 98.35 million shares of LONGi Green Energy, accounting for 130%, is the fifth natural person shareholder of LONGi Green Energy.
The chairman of the company personally increased his holdings by a large amountBehind it may be because of the company's stock price sharply**.
In terms of stock price, taking the 29th as an example, yesterday's A-share photovoltaic sector ** saw a sharp dive, and the Wind photovoltaic index fell by 58%。More than 10 stocks such as TCL Zhonghuan and JA Solar Technology all recorded a fall limit on the same day. Among them, LONGi Green Energy reported 204 yuan shares, down 71%, and the stock price is close to the 2023 stage low of 2001 yuan shares, a single-day decline hit a new low in nearly 16 months.
Look at it for a long timeCompared with the beginning of 2023, LONGi's share price has been cut in halfIf it is higher than the all-time high of 72Compared with 55 yuan shares, as of January 29**, the company's stock price has fallen by more than 70%.
In terms of operation, the cost of the photovoltaic industry chain will accelerate in 2023, of which photovoltaic modules** will have dropped to less than 1 yuan by the end of 2023, a decrease of about 48% during the year; In addition, from a number of photovoltaic industry chain listed companies recently released performance forecasts can also be glimpsed, a number of listed companies in the fourth quarter of last year performance declined quarter-on-quarter, of which the silicon wafer leader TCL Zhonghuan in the fourth quarter of last year net profit is expected to lose 13$8.8 billion to $198.8 billion yuan.
At present, LONGi Green Energy has not disclosed the 2023 annual performance forecast, and past financial reports show that in the first three quarters of 2023, LONGi Green Energy achieved operating income of 9410 billion yuan, a year-on-year increase of 855%；The net profit was 1169.4 billion yuan, a year-on-year increase of 654%；However, in terms of quarters, the company achieved operating income of 294 in the third quarter4.8 billion yuan, down 1892%；Net profit in the third quarter was 251.5 billion yuan, a year-on-year decrease of 4405%。
Despite the single-quarter results**, LONGi Green Energy predicted at the third quarter of 2023 results briefing that global PV demand will increase in 2024, but the growth rate will slow down, and it is expected to increase by 20% on the market basis in 2023.
Overseas, LONGi Green Energy's U.S. module factory has started production in January 2024, and it is expected that PV module shipments to the U.S. will continue to grow in 2024 with the improvement of the company's overseas localization capabilities.
Up to now, LONGi Green Energy has an existing HPBC cell production capacity of about 35GW, which will be fully launched to the global distributed market in 2024. In the first half of 2023, the company's 46GW monocrystalline silicon ingot wafer project in Ordos, Lijiang (Phase III) 10GW monocrystalline silicon ingot project and Vietnam with an annual output of 3The 35GW monocrystalline cell project has been put into operation, the Ordos 30GW monocrystalline cell project is progressing as planned, the Xixian Leye 29GW monocrystalline cell project and the Taizhou Leye 4GW monocrystalline cell project are climbing, and Malaysia has an annual output of 66GW monocrystalline silicon rod, Malaysia with an annual output of 28GW monocrystalline modules and other projects are in progress.