Fortune released the 2021 Future 50 List (Future 50) recently, and LONGi came out in the 42nd place, ranking first among the PV enterprises on the list.
As a joint product of Fortune and BCG (Boston Consulting Group), the Future 50 assesses the long-term growth prospects of the world’s largest publicly traded companies based on indicators and signals of their future potential. It complements traditional performance metrics as a way to reflect a company’s future potential.
According to Fortune, the value of "vitality" will be manifested sooner or later, but not always fully in the short term. In face of the threats and challenges brought by COVID-19, the enterprises that are able to create opportunities will be more resilient to fight against shocks, adapt to the changing environment, and thrive in a new environment . Among them, renewable energy companies in the 2021 list represented by LONGi performed excellently, which indicated increasing concern about sustainable development issues.
Fortune also published the two criteria for selecting the Future 50: top-down, market-based assessment of a company’s potential, and bottom-up analysis of its capacity to deliver growth. As stated by the criteria, LONGi, always focusing on the future technology development, has not only kept stable operations and sustainable development but also been highly engaged in R&D in the previous year.
In 2021, LONGi renewed by the seventh time its world record of cell efficiency and led the development of the industry by its advanced technology innovation; continuously developed PV + application scenarios and actively deployed its Hydrogen Business Unit to facilitate deep decarburization. At the same time, LONGi also demonstrated its zero-carbon vision and determination by releasing the first sustainability report, building the first carbon-free emissions factory, and publishing the first White Paper on Climate Action. The company will continue to focus on technology innovation and development of greener solutions, and persist in creating long-term value for its global customers.
LONGi (SSE Code: 601012), headquartered in Xi'an, China, is a global solar technology company providing innovative products and solutions for customers in Mono crystalline wafers, Cell and Modules, Industrial & Commercial and residential distributed generation solutions, Green energy solutions and Hydrogen energy equipment markets. LONGi fulfills business demands through technology innovations under guidance of the corporate mission of "Utilizing solar energy, building a green energy world" and brand philosophy of "Steadfast and Reliable, Technology Leadership". LONGi became the first Chinese solar energy company to join the RE100, EV100, EP100 and SBTi initiatives in 2020. We have capabilities of “Green energy” and “Green hydrogen” to accelerate energy revolutions and the vision of “Green earth”. For more information, please visit www.LONGi.com.