At 14:00 on May 20, 2022, the annual general meeting of LONGi Green Energy officially started!
This time, the abbreviation of the company has changed from “LONGi Shares” to “LONGi Green Energy”.
Due to the impact of the epidemic, LONGi Green Energy chose to hold the shareholders’ meeting at the Xinghewan Hotel in Xi’an, which is about seven or eight kilometers away from the company.
Last year (2021), there were many shareholders, hundreds of people, and it was very lively. However, due to the epidemic this year, some institutional personnel and investors were unable to arrive at the site, and the number of people was relatively small. Everyone is basically a masked guest, wearing a mask to increase safety.
An investor said: “The first time I came to participate, I just wanted to see how the management is doing? If the management is good, then I can rest assured. At present, my position in LONGi is quite large.”
Attendance of the company: 9 incumbent directors of the company attended the meeting; 3 incumbent supervisors of the company attended the meeting; Mr. Liu Xiaodong, secretary of the company’s board of directors, attended the meeting.
At the conference, everyone exchanged views on LONGi’s production capacity, corporate advantages, development strategies and other issues.
(1) Regarding LONGi’s corporate advantages, Chairman Zhong Baoshen said that LONGi will continue to maintain high investment in R&D and is committed to building stronger core advantages. In 2021, the company invested 4.4 billion yuan in research and development, and obtained 1,387 authorized patents at the end of last year, building competitive advantages in materials, equipment, technology and other aspects.
(2) Some investors asked questions about battery module technology.
President Li Zhenguo said that LONGi ranks among the best in the world in the fields of heterojunction and TOPCon cells.
(3) An investor asked: “What kind of battery technology route will LONGi take?”
President Li said that the company has strong competitive advantages in various technical routes, and it is still uncertain which one to adopt.
(4) There is a shareholder consultation: “What do you think of the hydrogen energy field?”
Qu Fang said that LONGi Green Energy has a relatively complete upstream and downstream industrial chain, with obvious first-mover advantages, which can ensure a competitive advantage in the field of hydrogen energy.
(5) Shareholders are also concerned about the business goals for 2022.
The management said that in 2022, it will strive to achieve an operating income of more than 100 billion yuan, and the world has successively introduced photovoltaic support policies, which is conducive to the rapid development of the photovoltaic industry. During the 14th Five-Year Plan period, the incremental space for building photovoltaic integration is vast.
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