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China Private Equity Firm Hillhouse Capital under Investigation for Failure to Declare Share Sale of Longi Green Energy Technology, with Actual Shareholding Fluctuating from 4.85% to 5.85% with Declaration Required at 5% Shareholding
11th November 2023 | Hong Kong
China private equity firm Hillhouse Capital is under investigation by China securities authorities for failure to declare share sale of Longi Green Energy Technology, with its actual shareholding fluctuating from 4.85% to 5.85% (since December 2022 to March 2023). Declaration of securities transaction is required if shareholding is more than 5%. Founded in 2000, LONGi Green Energy Technology Co., Ltd. (LONGi) is committed to being the most valuable solar technology company in the world. Under the mission of “To make the best of solar energy to build a green world” with a brand positioning of “The most trusted, reliable solar company that blazes the trail for green technology,”LONGi is developing solutions for large-scale power plants, for different industries and households with its innovation-focused development.
“ China Private Equity Firm Hillhouse Capital under Investigation for Failure to Declare Share Sale of Longi Green Energy Technology, with Actual Shareholding Fluctuating from 4.85% to 5.85% with Declaration Required at 5% Shareholding “
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