LINTON Technologies, a leading PV and semiconductor equipment supplier, is among the 81 enterprises listed on the Beijing Stock Exchange (BSE) when the market officially starts trading this Monday.
Source: LINTON
As the company with the second-largest market capitalization on BSE, the PV equipment manufacturer’s closing price today was 111.11 yuan, down 0.8%. Its market capitalization maintained the second place, reaching 25.629 billion yuan, second only to another renewable energy company, BTR.
Li Dong’an, LINTON’s chairman and largest shareholder, is LONGi’s former director. He also served as a director of Shenyang LONGi Electromagnetic Technology Co., Ltd. and resigned on January 14, 2021. As LONGi’s former shareholder, Li used to sell his shares at LONGi at 15.84 billion yuan to Hillhouse Capital.
LINTON now makes major equipment to manufacture silicon wafer, cell, and modules. It still has plans to extend its scope of business to consumables, automated factories, and robots.
It is estimated that the company will supply 2,500 mono-crystalline furnaces and about 700 wire cutting machines.
LINTON’s operating revenue reached 1.131 billion yuan in the first nine months of the year, a year-on-year increase of 35%. The net profit attributable to shareholders of the companies was 177 million, among the top three on the BSE.
