LONGi Reaches a 500 Billion Yuan Market Cap

PVTIME – Today, the price of LONGi shares crossed 93 yuan per share during the trading day, propelling the company’s market capitalization beyond 500 billion yuan and making it the first photovoltaic enterprise in history of A-shares to reach this milestone.

Back on August 28, 2019, LONGi closed at 27.9 yuan per share and officially became the first photovoltaic enterprise with a market cap exceeding 100 billion yuan in the history of China A-shares.

On July 24, 2020, the market cap of LONGi shares reached 200 billion yuan.

On October 9, 2020, the market cap of LONGi shares reached 300 billion yuan.

On January 5, 2021, the market cap of LONGi shares exceeded 400 billion yuan.

Half a year later, the market cap of LONGi shares has now exceeded the 500 billion yuan mark.

Since it first landed on A-Shares in 2012, LONGi’s market cap has increased nearly 33 times.

Established in 2000, LONGi Green Energy Technology Co., Ltd. is a leading Chinese solar technology company that produces silicon wafers, solar cells, solar modules, and has formed an absolute competitive advantage in the monocrystalline silicon segment.