Tongwei Co Ltd 2024 AR2

The report highlights Tongwei Co., Ltd.'s operations in 2024, focusing on its dual core segments of green agriculture and green energy. Despite global supply-demand imbalances in the photovoltaic sector leading to a net loss of 7.039 billion yuan, the company maintained positive operating cash flow of 1.144 billion yuan. Tongwei achieved record feed sales of 6.8686 million tons and expanded its high-purity polysilicon sales by 20.76% to 467,600 tons, securing the top global market share. Additionally, the company advanced its Aquaculture-Photovoltaic Integration model, operating 56 power plants with a total capacity of 4.67 GW.

Company: Tongwei Co Ltd

Sector: Information Information Technology

Country: China

Year: 2024

Type: AR2

Pages: 269

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Tongwei Co Ltd

Tongwei Co Ltd 2024 Annual Report

Annual Report

The report highlights Tongwei Co., Ltd.'s operations in 2024, focusing on its dual core segments of green agriculture and green energy. Despite global supply-demand imbalances in the photovoltaic sector leading to a net loss of 7.039 billion yuan, the company maintained positive operating cash flow of 1.144 billion yuan. Tongwei achieved record feed sales of 6.8686 million tons and expanded its high-purity polysilicon sales by 20.76% to 467,600 tons, securing the top global market share. Additionally, the company advanced its Aquaculture-Photovoltaic Integration model, operating 56 power plants with a total capacity of 4.67 GW.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Net Zero Target

Employees