“Photovoltaic Mao” enlarges again!
Today, Longi Green Energy Technology Co.Ltd(601012) announced that the company and Tongwei Co.Ltd(600438) signed a polysilicon long order purchase agreement, with an estimated total contract amount of about 44.2 billion yuan.
As the two leading PV companies, Longi Green Energy Technology Co.Ltd(601012) and Tongwei Co.Ltd(600438) have a total market value of more than 640 billion and a total of more than 910000 shareholders.
Longi Green Energy Technology Co.Ltd(601012) and Tongwei Co.Ltd(600438) signed a large polysilicon material order of more than 44 billion yuan
On March 21, Longi Green Energy Technology Co.Ltd(601012) ( Longi Green Energy Technology Co.Ltd(601012) . SH) announced that according to the cooperation agreement signed between the company and Tongwei Co.Ltd(600438) (” Tongwei Co.Ltd(600438) “) on September 25, 2020, the company has established a long-term and stable intention of polysilicon material supply and demand cooperation with Tongwei Co.Ltd(600438) . On this basis, in order to ensure the stable supply of polysilicon materials of the company, on March 21, 2022, eight subsidiaries of the company and four subsidiaries of Tongwei Co.Ltd(600438) signed a long single purchase agreement for polysilicon materials. According to the agreement, the transaction volume of polysilicon materials between the two parties from January 2022 to December 2023 was 203600 tons.
The announcement shows that according to the calculation of the average transaction price of 245300 yuan / ton of single crystal high-purity silicon published by the silicon branch of China Nonferrous Metals Industry Association on March 16, 2022, it is estimated that the total contract amount is about 44.2 billion yuan (excluding tax), and the total contract amount accounts for 107.42% of the audited operating cost of the company in 2020 (this calculation does not constitute a price commitment).
Longi Green Energy Technology Co.Ltd(601012) said that the signing of the contract is in line with the company’s future business needs. Through the long-term order mode of locking quantity without locking price, monthly price negotiation and batch procurement, it is conducive to ensuring the long-term stable supply of polysilicon raw materials of the company and will not have a direct impact on the company’s current performance. The main business of the company will not rely on the counterparty due to the performance of the contract, and will not affect the business independence of the company.
is related to the “photovoltaic leader” with a market value of more than 640 billion. More than 900000 investors hi: “lie down and win!”
As a “photovoltaic leader”, as of the closing, the latest market value of Longi Green Energy Technology Co.Ltd(601012) was 447.1 billion yuan and Tongwei Co.Ltd(600438) market value was 2016 billion yuan.
As of the third quarter of last year, the number of Longi Green Energy Technology Co.Ltd(601012) shareholders exceeded 630000, and the number of Tongwei Co.Ltd(600438) shareholders was nearly 280000.
As soon as the news came out, the investors were boiling. One after another said, “lie down and win!”
In terms of share price, Longi Green Energy Technology Co.Ltd(601012) once fell to around 63 yuan this year, but it has rebounded nearly 30% in the past two months, and the latest share price has returned to above 80 yuan.
This year, Tongwei Co.Ltd(600438) also once fell to around 36 yuan, but it began to rebound by more than 15% in recent months, and the latest share price returned to above 40 yuan.
“photovoltaic Mao” frequently shot
Recently, “photovoltaic Mao” has made frequent moves.
On the evening of March 13, Longi Green Energy Technology Co.Ltd(601012) announced the signing of a major investment agreement, which proposed to invest in the construction of 20GW silicon wafer + 30GW battery wafer + 5GW component capacity, with an investment amount of about 19.5 billion yuan.
Shanxi Securities Co.Ltd(002500) said that the photovoltaic industry chain in 2021 was affected by the sharp rise in the price of silicon material. With the gradual production of new silicon material capacity from Q4, the shortage of silicon material in 2022 may be effectively alleviated. It is expected that the silicon material capacity in 2022 can support 230gw of installed capacity. With the reduction of silicon price, the profitability of downstream links is expected to be repaired. At present, China has sufficient reserves of installed projects, and next year is expected to usher in a big year of photovoltaic installation. The new installed capacity of photovoltaic in China may reach 75gw in the whole year, with a year-on-year increase of 30% +.
On March 9, Longi Green Energy Technology Co.Ltd(601012) enlarged the bidding and disclosed the equity incentive plan. The incentive plan plans to grant a total of 37.54 million shares of rights and interests to incentive objects, with the exercise price of stock options of 62.20 yuan / share and the grant price of restricted shares of 38.87 yuan / share.
On March 7, Longi Green Energy Technology Co.Ltd(601012) increased silicon wafer production capacity. The announcement shows that the investment scale of Qujing (phase II) monocrystalline silicon wafer project is changed from 20GW per year to 30GW According to the analysis of Kaiyuan securities at that time, the company’s silicon wafer production capacity was 110gw by the end of 2021. With this expansion, the company’s silicon wafer production capacity is expected to reach 140 ~ 150gw by the end of 2022 Now, the further expansion of production means that Longi Green Energy Technology Co.Ltd(601012) production capacity is expected to exceed expectations again Longi Green Energy Technology Co.Ltd(601012) said that the stock incentive plan aims to promote the development of the company, safeguard and enhance shareholders’ rights and interests. It also aims to better ensure the effectiveness of the company’s incentive plan, further stabilize and motivate core talents, and provide effective incentive and restraint mechanism and talent guarantee for the long-term and steady development of the company.
