- Business
- Triumph New Energy Company Limited (600876.SS), formerly Luoyang Glass Company Limited, engages in the research, development, production, and sales of new energy materials, specializing in advanced photovoltaic glass and ultra-thin electronic glass substrates; its core products include screen printed glass, drilled tempered glass, ultra-clear and ultra-thin photovoltaic glass, rolled photovoltaic coated and tempered glass, rolled photovoltaic glass, original glass, tempered glass, AR coated glass, back glass, double glass component glass, AR photovoltaic coated glass, ultra-white embossed front panel glass for solar modules, and high-transmittance photovoltaic glass sheets, offered through segments of information display glass, new energy glass, and other functional glass. Founded in 1994 and headquartered in Luoyang, China, the company operates seven intelligent photovoltaic glass production bases across eastern, central, northern, and southwestern China with daily original sheet capacity of 4,550 tons and deep-processing lines yielding approximately 340 million square meters annually; it serves solar photovoltaic module manufacturers globally under the control of China National Building Material Group, a state-owned enterprise. In March 2023, the company rebranded from Luoyang Glass to Triumph New Energy to align with its strategic focus on new energy materials; most recently, in late 2024, it announced plans to acquire 74.60% equity in Jiangsu Kaisheng New Materials Co., Ltd., via capital increase and merger, pending shareholder approval, to expand its new materials portfolio.