Longi Green Energy has issued its annual performance forecast for 2024, anticipating a net loss attributable to shareholders of the listed company ranging from 8.2 billion yuan to 8.8 billion yuan for the entire year. This marks the company's maiden annual loss since its debut on the stock market in 2012 and constitutes its most significant loss in 12 years. Prior to this, Longi Green Energy only incurred a loss of 54.67 million yuan in its inaugural year due to "anti-dumping and anti-subsidy" measures. The current loss is primarily attributed to intensifying industry competition, rapid technological advancements, and a decline in shipments to the US market.
