LONGi set a 28.29 percent cell record: what it means for LONGi stock

Published on 10/12/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LONGi's first-half revenue fell 17.58 percent to CNY 27.045 billion in 2026. LONGi stock posted a CNY 3.684 billion loss.

Key points in brief

LONGi set a 28.29 percent HIBC cell efficiency record on September 24, 2026.
First-half 2026 revenue fell 17.58 percent to CNY 27.045 billion.
The company reported a CNY 3.684 billion net loss for the first half of 2026.
LONGi stock was last quoted at CNY 11.12 on October 12, 2026, on the Shanghai Stock Exchange.

LONGi, CNE100001FR6, Illustration mit AI erstellt.

LONGi (CNE100001FR6) set a 28.29 percent conversion-efficiency record for an HIBC solar cell on September 24, 2026, according to LONGi. The result marked the company's third crystalline-silicon efficiency record of 2026 and reached 96.2 percent of the theoretical limit.

What the record means for margins

The technology milestone contrasts with a difficult earnings picture. Futubull reported that first-half 2026 operating revenue fell 17.58 percent year over year to CNY 27.045 billion, while net profit attributable to the parent company was a CNY 3.684 billion loss.

The same report put second-quarter 2026 revenue at CNY 15.853 billion, down 17.26 percent year over year but up 41.66 percent quarter over quarter. Net loss attributable to the parent company was CNY 1.764 billion in the quarter, showing that sequential improvement in revenue did not yet translate into profitability.

BC shipments provide a measurable offset

LONGi's first-half BC-module sales reached 19.55 gigawatts, up 125 percent year over year, according to Futubull. The company also recorded 48.91 gigawatts of wafer shipments and 29.93 gigawatts of module shipments in the first half of 2026.

The shipment mix matters because the latest cell record is tied to a technology already moving toward commercial production. LONGi said modules above 700 watts were showcased alongside the HIBC cell, while the first-half figures show that BC products are gaining scale even as revenue and earnings remain under pressure.

Three dated signals from LONGi

On September 21, 2026, LONGi's Shanghai quote stood at CNY 11.36. On September 24, 2026, the company announced its 28.29 percent HIBC efficiency record. On September 19, 2026, a report on the interim results cited first-half revenue of CNY 27.045 billion and a CNY 3.684 billion loss.

Shanghai quote and investor context

LONGi was last quoted at CNY 11.12 on the Shanghai Stock Exchange on October 12, 2026, at 3:00 p.m. CST. The same market data showed a CNY 10.75 to CNY 23.57 52-week range and market capitalization of CNY 84.0 billion as of October 12, 2026.