Longi(SH:601012) Xin Lang Cai Jing·2025-09-26 21:08Core Insights - Longi Green Energy Technology Co., Ltd. has released empirical data for its Hi-MO X10 BC module, which features "fire prevention," "shadow prevention," and "dust prevention" capabilities, demonstrating superior performance compared to TOPCon modules in various tests [1][2] - The Hi-MO X10 is the world's first photovoltaic module with these three protective functions, addressing safety concerns and enhancing energy yield for distributed solar applications [2] - Longi's differentiated product strategy focuses on scenario-based and innovative technology, with over 50% of its module shipments currently being the "three prevention" components [2][3] Company Performance - Longi's HPBC2.0 battery production yield exceeds 97%, indicating strong manufacturing efficiency and product quality [2] - The company has established a leading position in the commercial distributed solar market, despite having the highest-priced components in the industry [2] - Longi aims to maintain its competitive edge through continuous technological innovation and a deep understanding of market needs, with plans to develop more advanced products and solutions [2][3] Industry Trends - The photovoltaic industry is facing significant homogenization, prompting companies to focus on technological innovation and differentiation to gain competitive advantages [2][3] - The shift from quantity growth to quality breakthroughs in the solar industry is essential, with firms that possess unique technological advantages likely to navigate the industry's challenges more effectively [3]