Longi Green Energy Technology Co., Ltd. has recently announced its intention to launch an IPO in Hong Kong, marking its third attempt to enter the capital market. The IPO is expected to be an important step for the company as it aims to accelerate its market presence.
On May 7, 2025, the company shared news of its IPO plans, indicating that the market’s response will be closely monitored. The company experienced a financial setback in its recent quarterly report, revealing a revenue of 106.72 billion RMB, a decline of 33.18% compared to the previous period. Meanwhile, its net profit was reported at 16.56 billion RMB, down 168.61%.
Longi Green Energy, established in 2005, specializes in solar energy technology, primarily manufacturing photovoltaic products. The company has seen significant growth since its inception, becoming a major player in the renewable energy sector. It went public for the first time in the US in 2007 and has since expanded its operations globally.
The company’s share price has fluctuated over the years, with its market value peaking at 1.7 trillion RMB. In recent years, Longi has focused on enhancing its production capacity and technological advancements to maintain its competitive edge.
As part of its growth strategy, Longi plans to invest significantly in expanding its manufacturing capabilities, with a goal of increasing its annual production capacity by up to 20 GW in the coming years. This expansion is expected to bolster its position in both domestic and international markets.
Looking ahead, the company aims to enhance its market penetration through strategic collaborations and increased investment in research and development. Longi’s IPO is anticipated to raise substantial capital, enabling it to further its mission of promoting sustainable energy solutions worldwide.
In conclusion, Longi Green Energy’s upcoming IPO reflects its commitment to innovation and growth within the renewable energy sector, paving the way for future advancements and contributions to global sustainability efforts.
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