News

On November 4, Linyang Energy held a signing ceremony in Qilong Town to donate 20 Million Yuan($2.81 million) to the Qidong Charity Association. Under the agreement, starting in 2024, Linyang will donate 1 million yuan($140,647) annually for the next 20 years. A portion of this—250,000 yuan($35,162) each year—will go specifically to public welfare projects in Qilong Town, supporting education, healthcare, and poverty alleviation.

The report highlights that the company’ s three major business segments continue to advance steadily, achieving revenue of 5.17 billion yuan($723.53 million) in the first three quarters, representing a year-on-year increase of approximately 8.76%. The net profit attributable to shareholders reached 910 million yuan($127.45 million), reflecting an increase of 6.95%.

From October 3 to 5, the 17th Renewable Energy India Expo (REI 2024) took place at the India Expo Center in Greater Noida. As one of the largest and most influential renewable energy exhibitions in Asia, REI focuses on cutting-edge technologies and core product research in the global renewable energy sector. Jiangsu Linyang Energy Co., Ltd. (Booth No: Hall 3-B126), a leading provider of innovative energy solutions, made a strong impression with its new high-efficiency solar&storage products, garnering widespread attention and praise.

​Linyang Energy has been recognized as one of the Global Top 500 New Energy Enterprises for 2024 at the 2024 Conference on Innovative Development of the New Energy & Power Market and the 14th Global Top 500 New Energy Enterprises Forum held in Taiyuan, China!

In August, Yonghua Lu, President of Linyang Group and Chairman of Linyang Energy, led the company’s international business executives on a visit to Germany’s Hoppecke Group. Following productive discussions, both parties reached a consensus, culminating in the signing of a Strategic Cooperation Memorandum by Dr. Marc Zoellner, CEO of Hoppecke Group, and Yonghua Lu. This marks a new chapter in their collaboration.

The Qidong Yongqing Energy Storage Project is an 88MW/176MWh energy storage power station located in Hezuo Town, Qidong City, Jiangsu Province, China.