On June 4, 2019, during the SNEC Shanghai Photovoltaic Exhibition, the two giants of domestic photovoltaic industry, Longji Share and Tongwei Share, held a strategic signing ceremony. This is another in-depth cooperation between the two companies following the signing of a long-term polycrystalline silicon procurement agreement in May last year. The signing of the contract will push the bilateral cooperation to a new height, and the two companies will have further opportunities for cooperation in strategic investment, supply chain cooperation and so on.

On June 3, Tongwei shares and Longji shares announced that in order to further develop their respective professional advantages in the industrial chain, the two sides reached cooperation intentions on high purity silicon and silicon wafers. Tongwei shares in Longji 15GW mono solar panels silicon rod and slice project in Yinchuan, Ningxia, and holds 30% of the project after the investment. Longji shares in Baotou 50000 tons high purity silicon project of Tongwei shares in accordance with the equivalent amount strategy, and holds 30% of the project after the investment.

The two sides pledged that Longji shares encouraged and supported Tongwei shares to continue to grow stronger and bigger in the field of high purity silicon, and Tongwei shares encouraged and supported Longji shares to continue to grow stronger and bigger in the field of mono solar panels silicon rods. In addition, in the field of solar panels and batteries, the two sides maintain close communication, explore cooperation opportunities and jointly promote the healthy development of the industry.