Longi holdings of shares issued implementation Li Zhenguo increased 3.9 million shares

Polaris solar PV net news: Lungi shares today announced that on August 12, 2013 to August 11, 2014, company’s controlling shareholder, Li Zhenguo accumulated holdings 3.903 million shares, accounting for 0.72% of the total share capital of the company. The holdings also shows the company’s controlling shareholder confidence in the company, a development firm.

As of market close on August 11, 2014, Li Zhenguo holds shares of 98.674 million shares of the company, the company’s total share capital of 18.32%. Li Xiyan stock holders of the company by controlling shareholders 35.559 million shares, together with concerted action, Li Chunan holders shares 97.167 million shares, triple equals stock holders of the company of 231 million shares, accounting for 42.97% of the total share capital of the company.

On August 13, 2013, the company issued the notice on the controlling shareholders hold company stock for the first time. According to the bulletin, “second, subsequent increase plan”, “Li Zhenguo want to increase its stake within 12 months after the (August 12, 2013 to August 11, 2014) timing for overweight, less than 2% of the firm’s total accumulated holdings (including the holdings of shares) will not result in change of controlling shareholder, actual control of the company.”

With the increase in demand for monocrystalline PV market at home and abroad, longi shares wafer shipments would increase. 2014 wafer shipments are expected to close to 500 million in 2013 and shipments compared to 260 million, almost doubled.

According to the journalist’s understanding, longi shares through equipment modification and the added capacity for procurement. By the end of 2014, shares longi Silicon Rod production capacity will reach 4GW, monocrystalline silicon slicing capacity of not less than 3GW, compared to the end of 2013, 2.2GW and 1.6GW, showed a substantial increase.

Original title: longi holdings of shares issued implementation Li Zhenguo increased 3.9 million shares

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