On July 5, Longji Green Energy answered some questions from investors on the interactive relationship platform. Investors ask whether the company has technological attributes and why the stock market defines the company as a low-end manufacturing industry?
Longji Green Energy responded that the company has always insisted on innovation as the source of enterprise growth, leading the technological change of the industry and promoting the development of the industry with technological innovation. In recent years, the company's annual R & D investment accounts for about 5% of its revenue, and since its listing in 2012 to 2022, the cumulative R & D investment has reached 19.5 billion yuan . It is the photovoltaic enterprise with the highest R & D investment in the industry.
Since 2021, the company has refreshed the world record of battery conversion efficiency 15 times in different technical routes . It has recently achieved the world's highest conversion efficiency of 33.5% for crystalline silicon-perovskite tandem cells on commercial-grade textured CZ silicon wafers. In addition, the market's concern about overcapacity in the industry is the main factor affecting stock prices and valuations.