LONGi Green Energy Technology said its revenue is expected to surpass 160 billion yuan in 2023 from 128.998 billion yuan in 2022.
LONGi’s revenue rose 52.35 percent to 28.319 billion yuan for the first quarter of 2023.
LONGi Green Energy said its revenue increased 60.03 percent to 128.998 billion yuan in 2022 with a net profit of 14.812 billion yuan (+63.02 percent).
In 2022, LONGi has produced 85.06GW of monocrystalline silicon wafers, including 42.52GW for external sales and 42.54GW for internal use, steadily ranking 1st in global shipments of monocrystalline silicon wafers for 9 consecutive years.
In 2022, LONGi produced 46.76GW of monocrystalline silicon modules, including 46.08GW for external sales and 0.68GW for internal use, steadily ranking 1st in global shipments of modules and market share for 3 consecutive years.
Since its IPO in 2012 to September 2022, LONGi has invested over 18 billion yuan on R&D. By the end of 2022, the company has obtained 2,132 patents. LONGi now has a team of 4,036 employees for R&D and technological innovation, accounting for 6.66 percent of its entire global staff.
By the end of 2022, LONGi’s production capacity for monocrystalline silicon wafers, cells, and modules have respectively reached 133GW, 50GW, and 85GW.
In 2023, LONGi is targeting production capacity to reach 190GW for monocrystalline silicon, 110GW for monocrystalline silicon cells, and 130GW for monocrystalline silicon modules.
LONGi is targeting to ship 130GW of monocrystalline silicon wafers (internal use included) and 85GW of monocrystalline silicon modules (internal use included).