Another look at the LONGi Shareholders’ Meeting

After about two years,

At 1:55 pm yesterday,

Once again, I saw my “God of Wealth” President Zheng Guo and “First Male God” Zhong Zong at close range.

Punctual and brilliant as always!

The shareholders meeting at 2 o’clock started on time,

Not many shareholders attended the meeting.

It may be due to the epidemic or President Zhong has publicly disclosed a lot of effective information at the performance briefing.

It is estimated that there are less than 40 shareholders participating in the meeting.

Most of the local shareholders in Xi’an.

More than a dozen proposals with nearly 60 pages,

80 minutes.

The most exciting, of course, was the question-and-answer session between the shareholders on site, President Zhong of Zhenguo and President Li of Finance.

The 100 billion who participated in the fourth shareholders’ meeting,

This time I came prepared,

Two questions of concern have been carefully prepared,

And get a chance to ask questions in the first few.

“Thank you to President Zhong and LONGi people for continuing to create value for shareholders! I have two questions to ask President Zhenguo:

Q1. Yesterday’s announcement from Dier Laser indicated that the purchase amount of LONGi so far this year is between 600 million and 700 million. I would like to ask whether LONGi has an exclusive agreement with the equipment manufacturer or other binding terms related to technology or time? What time period do you think the technology will diffuse? In what way will LONGi continue to maintain its leadership in cell technology? ;

Q2. The iteration of new cell technology is an important way for LONGi to reduce costs and increase efficiency. The distributed P-type IBC cells used by LONGi are about to be mass-produced. May I ask when LONGi’s ground-based centralized bifacial cells will be finalized and launched? , I would like to ask President Zhenguo to share your more optimistic battery route and the conditions that should be met for mass production? “.

The cost reduction and efficiency increase of batteries and the multi-scenario photovoltaic + application are important factors for LONGi to build leadership and differentiation; how LONGi delays the spread of new technologies is a necessary factor for LONGi to continue to expand its leadership in the next 3-5 years. Of course, it is also the concern of hundreds of millions. Whether it is possible to “pry” a little bit of valuable information from the mouth of President Zhenguo who was “banned” due to technical secrecy, 100 billion must use “circumferential tactics”, this is a “fight of wits and courage” with President Zhenguo face-to-face battle.

“Everyone believes in LONGi! In the future battery surface route, LONGi must be ahead!” Mr. Zhenguo answered with confidence and determination!

“LONGi maintains a comprehensive layout in battery routes that may lead or are more economical. P-type heterojunctions, indium-free heterojunctions, P-type topcons, N-type topcons, LONGi are all in the lead!” Haha, Zhenguo It’s always an open secret.

“Next year, LONGi will launch new battery products for ground power stations! But today, there is no way to tell LONGi the specific route chosen.” The time node of next year disclosed by President Zhenguo is very important! It is estimated that the 30GW battery capacity in Ordos is the new battery product that President Zhenguo said! A year is very short, just fight for the day and night…

Mr. Zhong finally “made up the knife”, and LONGi and its suppliers have a relatively complete plan for intellectual property protection and win-win interests! Win-win cooperation is an important part of Mr. Zhong’s 16-character policy. Hundreds of billions can rest assured…

At the same time, 100 billion is also very grateful to other shareholders for their wonderful questions, so I will not say it again.

At the beginning of 4 o’clock, the shareholders’ meeting ended successfully.

After the meeting, I took a group photo with Mr. Zhong, the “male god”, and visited the new LONGi exhibition hall. Of course, it was unavoidable to take a photo at the new LONGi headquarters building.

After Longji’s trip,

“Longi F4” drove to Yan’an, the holy place of revolution.

in addition:

Special thanks to Blue Gemini @Blue Gemini for sharing the minutes of the general meeting of shareholders. The link is as follows:

Web links

$LONGi Green Energy (SH601012)$ $LONGi Convertible Bonds (SH113015)$

#LONGiGreen Energy# #2022 General Meeting of Shareholders Research News# #Today’s topic#

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