FilingReader Intelligence

Longi chairman boosts stake, half of buyback complete

February 26, 2025 at 09:55 AM UTCBy FilingReader AI

Longi Green Energy Technology Co., Ltd. announced that Chairman Zhong Baoshen has already exceeded the halfway mark of his planned shareholding increase. From February 24 to February 25, 2025, Mr. Zhong acquired 3,323,000 shares through the Shanghai Stock Exchange, representing 0.04% of the company's total share capital, with a total investment of 54.45 million RMB. This brings his total holdings to 107,971,106 shares, or 1.42% of the company. The Chairman intends to continue purchasing shares, as planned, with an initial total commitment of no less than 100 million RMB by November 2025. The share increase demonstrates faith in Longi's long-term stability and growth.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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