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Home / Chinese PV Industry Brief: Tongwei clears antitrust hurdle for acquisition of polysilicon competitor Qinghai Lihao
Back·September 11, 2026·pv-magazine.com
Read at pv-magazine.com

Chinese PV Industry Brief: Tongwei clears antitrust hurdle for acquisition of polysilicon competitor Qinghai Lihao

SolarNews Brief

Tongwei has cleared a key antitrust hurdle for its planned acquisition of polysilicon competitor Qinghai Lihao Clean Energy. The transaction would deepen consolidation in China’s upstream solar supply chain as manufacturers try to stabilize prices after a severe profitability downturn.

Tongwei said it has largely completed auditing, valuation and due diligence for a 100% stake in Qinghai Lihao and has received clearance from China’s State Administration for Market Regulation. The target is a fast-scaling Qinghai polysilicon producer whose first 50,000 metric ton project reportedly reached commissioning in 2022. The broader industry brief also noted Longi’s CNY 3.68 billion first-half loss, GCL SI’s AI-enabled carbon-management partnership with Ant Digital Technologies and JinkoSolar’s proposed parent-company rename as it expands beyond pure solar manufacturing.

Read the full story at pv-magazine.com

Source: pv-magazine.com. Solar News summarizes; the complete story is on the publisher's site.

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