June 7 (NBD) - With shares of LONGi Green Energy Technology Co Ltd (LONGi, 601012.SH) tumbling for 4 consecutive trading days (June 1, 4, 5, 6), Shaanxi Coal Industry Company Limited (Shaanxi Coal, 601225.SH), one of the top 10 circulating shareholders of the PV product maker, saw a slump of 1.223 billion yuan (191.3 million U.S. dollars) in market value of its holdings. 

Shaanxi Coal is now holding 182 million shares in LONGi, according to the Q1 fiscal report of the solar energy product manufacturer.

Following the continuous drop, the coal company is faced with an unrealized loss of 500 million yuan (78.22 million U.S. dollars).

Email: tanyuhan@nbd.com.cn