LONGi opens 50 GWh storage base: Finam cuts target for LONGi stock to CNY 14.02

Published on 10/15/2026 at 10:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 17.58 percent to CNY 27.045 billion. LONGi stock is valued at CNY 81.4 billion on October 15, 2026.

Storage expansion and earnings pressure

LONGi PotisEdge began operating a 50 GWh storage base on October 9, 2026.
First-half 2026 revenue fell 17.58 percent to CNY 27.045 billion.
Finam cut its LONGi target to CNY 14.02 on October 6, 2026.

LONGi, CNE100001FR6, Illustration mit AI erstellt.

LONGi (CNE100001FR6) has put a 50 GWh energy-storage manufacturing base into operation, according to TaiyangNews on October 13, 2026. The Suzhou facility adds a new capacity platform while LONGi is still working through steep first-half losses.

Three milestones reshape the story

On September 24, 2026, LONGi announced a 28.29 percent HIBC solar-cell efficiency record in an official LONGi release. On October 6, 2026, Finam cut its target from CNY 17.90 to CNY 14.02 while retaining its Buy rating, as reported by Finmarket. On October 9, 2026, LONGi PotisEdge started the Suzhou storage base, whose utility-scale line is planned to reach 31 GWh in October 2026 and 50 GWh in the first half of 2027, according to EnergyTrend.

What does storage mean for earnings?

The expansion broadens LONGi's product base, but the financial burden remains visible. In the first half of 2026, revenue fell 17.58 percent year over year to CNY 27.045 billion, while net profit attributable to shareholders was a CNY 3.684 billion loss, according to Futunn. Second-quarter revenue reached CNY 15.853 billion, up 41.66 percent from the first quarter but down 17.26 percent year over year. The quarter still produced a CNY 1.764 billion loss. For investors, the storage base offers a capacity milestone, while the reported figures show that earnings recovery remains the harder test.

Market value reflects the pressure

LONGi's market capitalization stood at CNY 81.4 billion on October 15, 2026. The 52-week range was CNY 10.53 to CNY 23.57 on the same date, placing the latest quoted market value close to the lower end of that interval. Finam's CNY 14.02 target remains above the latest CNY 10.77 quote, but the target cut from CNY 17.90 shows how expectations have changed since the second-quarter report.

Stock context

LONGi's latest quoted value was CNY 10.77 on October 15, 2026, at 3:00 p.m. CST. The company is listed under ticker 601012 and operates across solar technology, storage and related clean-energy solutions.