Core Viewpoint - Longi Green Energy has announced a significant personnel change involving its actual controller, Li Zhenguo, who will focus on research and technology management while resigning from his positions as director, general manager, and legal representative [1][4]. Company Changes - Li Zhenguo submitted a written resignation report on May 23, 2025, and will continue as the head of the Central Research Institute and Chief Technology Officer, leading the team in photovoltaic technology advancements [4][7]. - After Li Zhenguo's resignation, current chairman Zhong Baoshan will assume the roles of legal representative and general manager [4]. - The fifth meeting of the fifth board of directors was held on May 26, 2025, to elect candidates for the sixth board, including Li Zhenguo's daughter, Li Shuxuan, as a non-independent director candidate [4]. Financial Data - As of the end of Q1 2025, Li Zhenguo directly held 1.067 billion shares of Longi Green Energy, accounting for 14.08% of the total share capital, with a market value of approximately 16 billion yuan based on the closing price on May 26 [5]. Industry Context - The photovoltaic industry has experienced rapid growth in recent years, elevating Longi Green Energy to a leading position globally. However, the industry is currently facing challenges such as intensified competition and performance losses [6]. - Li Zhenguo's decision to resign from his managerial roles was unexpected but aligns with his long-standing focus on research and development [7][8]. Research and Development Focus - Longi Green Energy has committed significant resources to research and development, with an investment of 5.014 billion yuan in 2024, representing 6.07% of its revenue, making it one of the few A-share photovoltaic companies with R&D spending exceeding 5 billion yuan [9]. - The company is betting on Back Contact (BC) technology as a key to revitalizing its market position, with Li Zhenguo expressing strong confidence in this technology's potential [10][11]. Leadership Transition - The transition from a managerial role to focusing on research is seen as a return to a scientific mindset for Li Zhenguo, allowing him to concentrate on advancing photovoltaic technology [12].
隆基绿能创始人李振国辞职,知情人士:系请辞、专注研发