Highland capital 15.8 billion yuan to become the second shareholder of Longji

Longji shares, which has exceeded the market value of 300 billion yuan, are once again sought after by capital. Highland capital will invest 15.8 billion yuan to become the second largest shareholder of Longji. < / P > < p > “judging from the investment philosophy and past investment of Hillhead capital, it has a good prospect for the photovoltaic industry.” Liu Lang, senior investment consultant of Kaiyuan securities, said in an interview with the “Securities Daily” that Hillhead capital focuses on long-term investment. Entering Longji shares in a relatively high position this time is an optimistic view on the future development of photovoltaic industry. < / P > < p > “from the perspective of Longji, the entry of highland capital proves that it has won the attention of international capital, and has made a good start for enterprises in the western region, especially those in Shaanxi, which shows that enterprises in the western region can actually grow into world-class enterprises.” Ding Bingzhong, general manager of Shanghai Jimao Asset Management Co., Ltd., told the Securities Daily. On the evening of December 20, Longji announced that Li Chun’an, the second largest shareholder of the company, signed a share transfer agreement with hillhood capital. Li Chun’an plans to transfer about 226 million shares of the company, accounting for 6.00% of the total share capital of the company, to hillhood capital by way of transfer agreement, with a transaction consideration of 15.84 billion yuan. After the completion of the transaction, highland capital held 6.00% of the company’s shares, becoming the second largest single shareholder of Longji shares. < p > < p > affected by the news, on the 21st, Longji shares opened high and rose rapidly. By the end of the day, its total market value reached 322.1 billion yuan, up 29.2 billion yuan from the previous trading day. On the 22nd, Longji continued to rise against the trend, closing at 87.90 yuan, with a total market value of 331.5 billion yuan. < / P > < p > for the purpose of this equity change, highland capital said that based on its confidence in the sustainable and stable development of the listed company in the future and its recognition of the value of the listed company, it plans to obtain the shares of the listed company through this equity change, so as to obtain the share appreciation income. < / P > < p > “the investment of Hillhead capital in Longji shows that it is interested in the development prospect of China’s manufacturing industry under the background of the development of China’s hard science and technology, and that the ceiling of the photovoltaic new energy track where Longji shares is still far from reaching.” Ding Bingzhong said, “in a certain sense, hillhood capital’s heavy position in Longji shares is in line with our main investment direction, that is, to comply with the national strategy and develop the future of” made in China “in the field of hard science and technology.” < / P > < p > “from the perspective of policy, market and technology, the future development prospect of photovoltaic industry is still very good.” Liu Lang said that the white paper “China’s energy development in a new era” issued by the Information Office of the State Council provides policy support for the future development of the photovoltaic industry. According to the white paper, by the end of 2019, China’s total installed capacity of renewable energy power generation is 790 million kilowatts, accounting for about 30% of the total installed capacity of global renewable energy power generation. Wind power, photovoltaic power generation equipment manufacturing has formed a complete industrial chain, the technical level and manufacturing scale is in the forefront of the world. < / P > < p > “the photovoltaic industry will maintain a relatively high increment in the next five to 10 years,” Liu Lang said. From the perspective of the market, the photovoltaic industry will enter a period of great development in the future, not only in the domestic market, but also in the European and American markets. < p > < p > as the photovoltaic enterprise with the highest market value in the world, Longji is the largest manufacturer of monocrystalline silicon products in the world at present, with its business running through the monocrystalline silicon rods, silicon wafers, batteries, modules and power stations in the photovoltaic industry chain. < p > < p > according to the PV module shipment data released by global data, Longji ranked the top 4 in the global module shipment list in 2018 and 2019. In 2019, according to the statistics of the photovoltaic industry association, the global single crystal silicon wafer shipment volume is 90gw, and Longji’s market share is 40%, ranking first in the world. < p > < p > the third quarter performance report of Longji shows that in the first three quarters of this year, the company achieved operating revenue of 33.832 billion yuan, a year-on-year increase of 49.08%, mainly due to the increase in sales of components and silicon chips; realized net profit of 6.357 billion yuan, a year-on-year increase of 82.44%; basic earnings per share of 1.69 yuan, a year-on-year increase of 72.45%. < / P > < p > Disclaimer: the purpose of this article reprinted by CNFC is to convey more information, and it does not represent the opinions and positions of CNFC. The content of this article is for reference only, and does not constitute an investment proposal. 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