On December 25, Jiangsu Sunshine announced that Lu Keping had received the Notice of Filing a Case issued by the Securities Regulatory Commission on December 23, 2023, because he was suspected of violating the law and regulations . The SFC decided to file a case against it.
At the same time, Jiangsu Sunshine said that after self-examination, the investigation of Lu Keping had nothing to do with Jiangsu Sunshine.
On the evening of September 9, https://img7.ccement.com/richtext/img/zkhekv72m61703502131273.10, Jiangsu Sunshine and Sihuan Biology announced at the same time that Lu Keping received the Notice of Filing a Case from the SFC on the same day, and the SFC decided to file a case on suspicion of illegal manipulation of the securities market.
Later, Jiangsu Sunshine Group developed into the world's largest wool textile production enterprise and high-end garment production base, and also became the only enterprise in China's textile industry to win the honor of "world famous brand" and "export garment inspection-free". Lu Keping was also known as "wool textile giant". Once
a man has, he wants more. When the textile industry was booming, Lu Keping had his eye on the ," but everything was difficult at the beginning. Lu Keping's first photovoltaic trip was not smooth.
In 2006, Lu Keping invested in Ningxia Sunshine Silicon Industry Co., Ltd. (hereinafter referred to as "Ningxia Silicon Industry") through Jiangsu Sunshine to carry out polysilicon business . In 2008, Ningxia Silicon Industry stopped production due to the downturn of the polysilicon market; in 2013, it entered bankruptcy proceedings; in 2019, the company cancelled its industrial and commercial registration.
year, Lu Keping directly controlled Hairun Photovoltaic , an eight-year-old photovoltaic enterprise, through Sunshine Group. In the same year, Hairun Photovoltaic was listed on the backdoor of Jiangsu Shenlong. However, after experiencing the "blood-sucking" and "internal turmoil" of major shareholders, Hairun Photovoltaic declared bankruptcy in July 2021. After
two failures of photovoltaic road, Lu Keping did not give up. In April
2022, Jiangsu Sunshine announced that it had signed the Investment Cooperation Agreement with Baotou Municipal Government and Jiuyuan District Government of Inner Mongolia to invest 20 billion yuan in the construction of 100000 tons of polysilicon, 10GW monocrystalline rods, 10GW batteries and components in Inner Mongolia . Jiangsu Sunshine officially announced a comprehensive transformation to the photovoltaic field.
But only eight months later, Jiangsu Sunshine announced the termination of the Inner Mongolia project and the construction in Ningxia. According to the semi-annual report of Jiangsu Sunshine in 2023, there is no significant progress in the project. Lu Keping's photovoltaic journey ran aground.
However, the wool textile tycoon has been investigated and filed successively because of his capital operation, and has even been ordered to leave the market by the SFC for life. Seeing that he was sent off, Lu Keping pushed his son onto the stage again. According to
the data, Lu Yu , the son of Lu Keping, was elected chairman of Jiangsu Sunshine in March this year. On June 3, Jiangsu Sunshine disclosed that Lu Yu was transferred to Jiangsu Sunshine Holding Group, the indirect controlling shareholder of the company held by Lu Keping.