Convertible Bond Conversion and Share‑Issuance Update

Longi Green Energy Technology Co., Ltd. (stock code 601012) reported the results of its convertible bond conversion programme. As of 31 December 2025, a total of 90,697 shares—representing 0.001 % of the pre‑conversion share base—were issued in exchange for 4 725 000 CNY of the “隆 22 转债” (bond code 113053). The remaining outstanding convertible debt amounts to 6 994 696 000 CNY, constituting 99.92 % of the original issue. During the fourth quarter of 2025, 72 000 CNY of the convertible bonds were converted, producing 4 109 new shares. The convertible bond programme, first launched on 5 January 2022 with a principal of 700 million CNY and a six‑year maturity, had an annual coupon schedule of 0.20 % for the first year, rising to 1.20 % in the fourth year. The board affirms that the disclosure is complete and accurate.

Environmental Leadership Recognition

Longi Green Energy Technology Co., Ltd. has been granted an “A” score by the Carbon Disclosure Project (CDP) for its performance in water security. This rating places the company among the top performers on CDP’s annual “A” list. For the third consecutive year, Longi achieved a “B” Management Level rating for climate change, underscoring its sustained commitment to water resource management and sustainable development practices.

Transition from Silver to Base Metals in Solar Cells

In a strategic move to reduce manufacturing costs, Longi announced that it will replace silver with base metals in its solar cell production. The transition is driven by escalating silver prices, which have exerted pressure on manufacturers facing intense competition and financial losses. Mass production of solar modules using base metals is slated to commence in the second quarter of 2026. This change is expected to lower the cost of solar modules while maintaining performance standards.

Investor Relations Activity

Investor‑relations documentation for the period 1 December 2025 – 31 December 2025 has been filed and is available for public review. The filing can be accessed through the Shanghai Stock Exchange information portal (link: https://sns.sseinfo.com/resources/images/upload/202601/202601051525032853281159.pdf) .


These developments collectively highlight Longi Green Energy Technology Co., Ltd.’s efforts to optimise capital structure, strengthen its environmental credentials, and manage cost pressures in the solar manufacturing sector.