The report put LONGi's operating revenue for 2021 at
In terms of results for Q1 2022, the company achieved an operating revenue of
Wafer & Module production sees rapid growth and shipments remain No.1 globally
In 2021, LONGi achieved wafer shipments of 70.01GW, split between external sales of 33.92GW and 36.09GW for internal use and shipped 38.52GW of mono-crystalline modules, of which external sales accounted for 37.24GW and internal use 1.28GW. During the reporting period, the company's global sales performance, market share and brand influence ranked it 1st in the world, with its total shipment volume of domestic and exported modules exceeding 2nd place by more than 10GW.
In Q1 2022, LONGi achieved 18.36GW in mono-crystalline silicon wafer shipments, split between external sales of 8.42GW and 9.94GW for internal use and shipped 6.44GW of mono-crystalline modules, of which external sales accounted for 6.35GW and internal use 0.09GW.
As of the end of 2021, the company's production capacity for wafers, cells and modules had reached 105GW, 37GW and 60GW respectively, with 2022 capacity targets increased to 150GW, 60GW and 85GW.
LONGi has issued 2022 shipment targets of 90GW-100GW (including internal use) for wafers and 50GW-60GW (including internal use) for modules.
Globalization and localization strategy enables the business market to enter a new phase
As a key player in implementing a globalization and localization strategy, LONGi has achieved a leading position in market share for
With trade disputes (WRO) and other ad-hoc issues having an impact on
Sustainable investment in technology R&D leads industry innovation
LONGi maintains a long-term commitment to R&D in technology. From the company's listing in 2012 to 2021, the compound annual growth rate of operating revenue reached 53.52% and its total revenue increased from
As of 2021, LONGi had secured a total of 1,387 authorized patents and invested
International organisations validate LONGi's renowned brand and product quality
In 2021, the
At Intersolar 2021, LONGi was recognized as the winner in the Photovoltaics category for its high-efficiency Hi-MO 5 (182mm) series module, the award given to companies making a significant contribution to the industry via technological innovation.
In 2021, LONGi was once again recognised at the TÜV Rheinland "All Quality Matters"
Promoting the Environmental, Social and Governance (ESG) concept to achieve sustainability
LONGi actively implements sustainable development efforts. In 2021, the company announced an ambitious pledge at the
2021 also saw LONGi issue its first White Paper on Climate Action at the
The 2021 annual report additionally states that LONGi has now reached 40.19% of renewable electricity use in its global operations and reduced greenhouse gas emissions by 1,687,933 tons, via the three disciplines of self-owned power generation facilities, procurement of third-party power generation facilities and contract procurement of green power.
As a socially responsible company headquartered in
Moving forward, LONGi will continue to enhance its product leadership strategy, taking the creation of value for customers as its starting point. The company will drive technological innovation with ambitious goals and continuously work toward the reduction of product cost and improvement in efficiency and quality, continuing to support high-intensity R&D investment and delivery of high-value results to global customers.
Note: The financial figures in the report are quoted in Chinese Yuan (CNY).
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