Core Viewpoint - Longi Green Energy is acquiring approximately 61.9998% of the voting rights in Suzhou Jingkong Energy Technology Co., Ltd. through a combination of equity acquisition, capital increase, and voting rights entrustment, indicating a strategic move into the energy storage sector [1] Group 1: Transaction Details - The transaction will result in Longi Green Energy holding 61.9998% of the voting rights in Jingkong Energy, allowing it to have sole control over the company [1] - Prior to the transaction, natural persons controlled 44.79% of Jingkong Energy's equity corresponding to its voting rights [1] - Specific details regarding the total transaction amount have not been disclosed by Longi Green Energy [1] Group 2: Industry Context - Jingkong Energy primarily engages in lithium-ion battery energy storage systems, which aligns with the growing demand for energy storage solutions [1] - Longi Green Energy's chairman, Zhong Baoshan, highlighted the importance of integrating photovoltaic and energy storage solutions to address the intermittent nature of solar energy, indicating a strategic focus on this area [1] - The company is actively evaluating the feasibility of combining photovoltaic and energy storage businesses, reflecting a proactive approach to market challenges [1]

Core Viewpoint - Longi Green Energy is actively evaluating the integration of photovoltaic and energy storage businesses to address the challenges of solar intermittency and to seize market opportunities [1] Group 1: Business Performance - By the third quarter of 2025, the company has shipped over 60 GW of solar modules, with approximately 70% being TOPCon modules and nearly 25% being BC modules [1] Group 2: Market Challenges and Opportunities - The current issue of grid absorption in China has become a key problem that needs to be addressed, and the combination of photovoltaic and energy storage is seen as an effective solution [1] - The company is focusing on assessing the integration of photovoltaic and energy storage to capitalize on market opportunities [1] Group 3: Operational Focus - The company does not currently engage in the specific operational business of silicon materials [1]