NBD AI Bulletin - Longi Green Energy Technology Co Ltd (the Company, SH 601012, close price: 104.46 yuan) announced on February 26 that the Company has agreed to provide joint liability guarantees for subsidiary Longi Leye Photovoltaic Technology's comprehensive credit line of no more than 3.1 billion yuan in RMB and 315 million yuan in RMB or equivalent in foreign currency. And the Company has also agreed to provide guarantee for wholly-owned subsidiary Baoji Longhe Green Energy Co Ltd's fixed assets loan of 360 million yuan.

As at February 24, 2021, the Company has cumulatively provided financing guarantee of 8.186 billion yuan in RMB and 682 million in US dollars for subsidiaries, performance guarantee of 760 million in US dollars, supply chain financing guarantee of 103 million yuan, and external guarantee of 346 million yuan.

The 2019 annual report shows that LONGi Green Energy Technology's main business is the new energy industry, accounting for 100.0% of revenue.

LONGi Green Energy Technology's chairman is Zhong Baoshen, male, 54 years old, Chinese nationality, bachelor's degree. LONGi Green Energy Technology's general manager is Li Zhenguo, male, 53 years old, master's degree.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 18.9993 million in the past 30 days, representing 0.51% of the Company's circulating shares.

2. There was no institutional research on the Company in the past 30 days. 

(By Lan Suying)

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