Market Chatter: LONGi Ties Up With Wuliangye Yibin's Parent to Set Up Venture

MT Newswires Live2025-02-21

LONGi Green Energy Technology (SHA:601012) partnered with the controlling shareholder of baijiu manufacturer Wuliangye Yibin (SHE:000858) to establish a 1 billion yuan joint venture, 21st Century Business Herald reported Thursday.

The venture manufactures photovoltaic equipment and components, sell solar thermal utilization equipment, and develop electronic special materials, the report said, citing the Chinese solar wafer manufacturer's response to its query on the matter.

Wuliangye Yibin told the media outlet that the venture is held by its parent, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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