FilingReader Intelligence

LONGi shareholder plans $2.3m share swap amid renewed strategy

May 5, 2025 at 07:21 AM UTCBy FilingReader AI

** LONGi Green Energy Technology (SSE:601012) faces a year of both significant change and strategic recalibration, as revealed in its recent filings. HHLR Management Pte. Ltd., a key shareholder, announced plans to swap shares worth $2.3 million (CNY16,449,764), representing 0.5% of total shares, for units in an exchange-traded fund (ETF). This move comes as the company unveils its "Quality and Efficiency Action Plan" to address recent financial headwinds.

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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