Singapore-Based China Private Equity Firm Hillhouse Capital to Buy Back Longi Green Energy Technology Shares Sold without Disclosure, Placed under Investigation in 2023 November for Failure to Declare Share Sale of Longi Green Energy Technology, with Actual Shareholding Fluctuating from 4.85% to 5.85% with Declaration Required at 5% Shareholding
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Singapore-Based China Private Equity Firm Hillhouse Capital to Buy Back Longi Green Energy Technology Shares Sold without Disclosure, Placed under Investigation in 2023 November for Failure to Declare Share Sale of Longi Green Energy Technology, with Actual Shareholding Fluctuating from 4.85% to 5.85% with Declaration Required at 5% Shareholding
20th April 2024 | Hong Kong
Singapore-based China private equity firm Hillhouse Capital (HHLR Management) will buy backLongi Green Energy Technologyshares sold without disclosure.In 2023 November, Hillhouse Capital was placed under investigation by China securities authorities for failure to declare share sale of Longi Green Energy Technology, with its actual shareholding fluctuating from 4.85% to 5.85% (since December 2022 to March 2023).Declaration of securities transaction is required if shareholding is more than 5%.Founded in 2000, LONGi Green Energy Technology Co., Ltd. (LONGi) is committed to being the most valuable solar technology company in the world. Under the mission of “To make the best of solar energy to build a green world” with a brand positioning of “The most trusted, reliable solar company that blazes the trail for green technology,”LONGi is developing solutions for large-scale power plants, for different industries and households with its innovation-focused development.
“ Singapore-Based China Private Equity Firm Hillhouse Capital to Buy Back Longi Green Energy Technology Shares Sold without Disclosure, Placed under Investigation in 2023 November for Failure to Declare Share Sale of Longi Green Energy Technology, with Actual Shareholding Fluctuating from 4.85% to 5.85% with Declaration Required at 5% Shareholding “
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China Private Equity Firm Hillhouse Capital under Investigation for Failure to Declare Share Sale of Longi Green Energy Technology, with Actual Shareholding Fluctuating from 4.85% to 5.85% with Declaration Required at 5% Shareholding
Shanghai Pudong City | Leading Financial Centre in Asia
11th November 2023 – China private equity firm Hillhouse Capital is under investigation by China securities authorities for failure to declare share sale of Longi Green Energy Technology, with its actual shareholding fluctuating from 4.85% to 5.85% (since December 2022 to March 2023). Declaration of securities transaction is required if shareholding is more than 5%. Founded in 2000, LONGi Green Energy Technology Co., Ltd. (LONGi) is committed to being the most valuable solar technology company in the world. Under the mission of “To make the best of solar energy to build a green world” with a brand positioning of “The most trusted, reliable solar company that blazes the trail for green technology,”LONGi is developing solutions for large-scale power plants, for different industries and households with its innovation-focused development.
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