Acquiring Company
Tongwei Ltd
Acquired Company
Qinghai Lihao Clean Energy Ltd
ChinaQinghaiManufacturingEnergyRenewable EnergySolarEnergyRenewable EnergySolarBiomass EnergyDescription
Tongwei Co. Ltd. has signed an intention agreement to acquire Qinghai Lihao Clean Energy Co. Ltd. The deal involves acquiring 100% of the company through share issuance and cash payment. This acquisition aims to consolidate Tongwei's market share amid declining solar market conditions in China.
Quick answer
Tongwei Ltd is acquiring Qinghai Lihao Clean Energy Ltd, announced February 25, 2026. Tongwei Ltd is based in China.
- How much did Tongwei Ltd pay for Qinghai Lihao Clean Energy Ltd?
- The deal value was not disclosed.
- What does Tongwei Ltd do?
- Tongwei Co. Ltd. is the largest polysilicon producer in the world.
- Where are Tongwei Ltd and Qinghai Lihao Clean Energy Ltd based?
- Tongwei Ltd is based in China. Qinghai Lihao Clean Energy Ltd is based in Qinghai, China.
- Who are the decision-makers at Tongwei Ltd?
- Fundz holds 1 contact at Tongwei Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Qinghai Lihao Clean Energy Ltd?
Qinghai Lihao Clean Energy Ltd was acquired by Tongwei Ltd, based in China. The deal was reported on February 25, 2026. Tongwei Co. Ltd. is the largest polysilicon producer in the world. The company focuses on the development and manufacturing of products for the solar energy sector. Tongwei Ltd is privately held and operates in Manufacturing.
When did Tongwei Ltd acquire Qinghai Lihao Clean Energy Ltd?
Tongwei Ltd's acquisition of Qinghai Lihao Clean Energy Ltd was reported on February 25, 2026. Tongwei Co. Ltd. has signed an intention agreement to acquire Qinghai Lihao Clean Energy Co. Ltd. The deal involves acquiring 100% of the company through share issuance and cash payment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Qinghai Lihao Clean Energy Ltd do?
Qinghai Lihao Clean Energy Co. Ltd. is a smaller player in the solar energy market. The company specializes in clean energy technologies and aims to promote sustainable energy solutions. It is primarily focused on the development of solar energy projects. It is privately held, operating in Energy, and is based in Qinghai.
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