Terminate GDR release! Longji Green Energy's 20 Billion Fund-Raising Plan Fails!

2025-12-10 16:17:30

On December 9, Longji Green Energy announced that it had decided to terminate its plan to issue global depository receipts (hereinafter referred to as "GDR") overseas and list them on the Swiss Stock Exchange.

On December 9, Longji Green Energy announced that it had decided to terminate its plan to issue global depository receipts (hereinafter referred to as "GDR") overseas and list them on the Swiss Stock Exchange .

As for the termination of the issuance, Longji Green Energy explained that due to changes in various external factors and the expiration of the validity period of the company's relevant resolutions on the issuance and listing, the company, based on the actual situation and after discussion and analysis. Decide to terminate the issuance of global depositary receipts overseas.

Previously, on November 21, 2022, the company considered and approved the proposal of issuing GDR and listing on the Swiss Stock Exchange, and agreed to issue global depository receipts overseas and apply for listing. The resolution is valid for 18 months .

According to the previous announcement, Longji Green can issue GDR in Switzerland, which is expected to raise nearly 20 billion yuan . It will be used in Ordos 46 GW monocrystalline silicon rod and slice project, Ordos 30GW monocrystalline battery project, Malaysia 6.6GW monocrystalline silicon rod project, Malaysia 2.8GW monocrystalline module project, Vietnam annual output 3. Details are as follows:

Ordos' annual output of 30g W high efficiency monocrystalline battery project has been put into production for 0 H TML0UNK19。 0 HTML0 UNK2 0 Malaysia 6.6G/W Silicon Rod Project Progress 0 HTML0 UNK2 170.0 HTML0 UNK2 2 Vietnam Battery G2 Workshop Upgrading Project has been in 0 HTML0 UNK2 3 Suspension 0 HTML0 UNK2 4.

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On December 9, Longji Green Energy announced that it had decided to terminate its plan to issue global depository receipts (hereinafter referred to as "GDR") overseas and list them on the Swiss Stock Exchange.

2025-12-10 16:17:30

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.