Longi Leye Photovoltaic Technology Co., Ltd. announced that it will receive CNY 1,500,000,000 in an equity round of funding from returning investor LONGi Green Energy Technology Co., Ltd. (SHSE:601012) on August 15, 2020. Post closing, the registered capital of the company will increase from CNY 2,000,000,000 to CNY 3,000,000,000, and the investor will continue to hold 100% stake in the company. The transaction has been approved in the 12th meeting of the fourth directorate in 2020 of the investor.