Longi Green Energy has reported a projected revenue of 20.05 billion yuan for the year 2024, according to their financial statement released on April 11, 2024. The company anticipates selling 1,521 MWh of products in 2024, with revenue expected to be 20.05 billion yuan, reflecting a gross profit margin of 41.10%.
In their statement, Longi Green Energy indicated that the main product sales momentum would continue to recover in 2024. At the same time, the company is focused on maintaining a stable core gross margin while enhancing the market's pricing stability. Compared to the same period last year, the company's core gross margin remains flat.
The financial report highlighted that Longi Green Energy is committed to enhancing its core technology, optimizing its product system, and application scenarios. This is particularly relevant in the context of technological breakthroughs, market trends, and national product certification standards.
From a market perspective, Longi Green Energy has begun establishing subsidiaries and representative offices focused on core photovoltaic product sales management systems, forming a business layout that promotes the integration of multiple energy sources.
In 2024, the company plans to deepen collaborations within the core customer base, aiming to explore new business models and enhance value creation. At the same time, Longi Green Energy has received certification from the <a href=''>Japanese JET</a> for its household energy storage products, and its industrial energy storage products have passed various international standards including <a href=''>IEC 62619</a>, <a href=''>UL 1973</a>, <a href=''>UL 9540A</a>, <a href=''>UN 38.3</a>, <a href=''>UL 9539</a>, and <a href=''>VDE 2510-50</a>.
In the domestic market, Longi is rapidly expanding its energy management solutions (EMS) and is committed to broadening its energy product offerings. The company has plans to introduce new household energy storage products such as the <b>Force-H3X</b>, which integrates advanced batteries, BMS, inverters, and EMS, achieving an efficiency rate of <b>97%</b> with a lifespan exceeding <b>10 years</b>.
Additionally, Longi is set to launch its M7 series lithium-ion battery products, which are designed to operate optimally in extreme temperatures ranging from <b>-25°C to 55°C</b> and are expected to have a lifespan of over <b>10 years</b>.
Looking ahead, Longi Green Energy aims to stabilize its operations while focusing on "photovoltaic + energy storage" integration to enhance market competitiveness. The company is committed to continuous innovation and exploring new business segments, thereby improving its operational capabilities and enhancing revenue growth levels.
Longi Green Energy's projections and strategies seem to align with the evolving energy landscape, as they adapt to meet the demands of the market and regulatory frameworks.
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