LONGi to inject RMB2 billion into wholly owned subsidiary
2023-02-07 16:12:45 [Print]
LONGi Green Energy Technology Co., Ltd. (LONGi) announced on February 6 that the company plans to raise money for its 29GW high-efficiency monocrystalline cell project which will be implemented by its wholly owned subsidiary, Xixian Leye. As per the project progress, LONGi intends to raise funds of RMB2 billion (USD295 million) to invest in LONGi Leye, and then the latter will increase investment in Xixian Leye by RMB2 billion (USD295 million).
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