Longi Green Energy to hedge commodity price risks in 2025

Longi Green Energy Technology (SSE:601012) announced its plan to conduct commodity futures hedging activities in 2025. The move aims to manage the risk associated with fluctuations in the prices of key raw materials like polysilicon, silver, copper, aluminum, and tin, which are critical to the company’s production. The total margin used for these futures transactions will not exceed RMB 1.5 billion at any point. The company will use commodity futures and options, transacting on exchanges approved by regulatory bodies. The hedging program has been approved by Longi’s board and supervisory committee. The company asserts that these activities are for hedging purposes only, and not for speculation. Longi has established internal controls and risk management procedures to oversee these operations.