Assets failed 10 times in 2 years! Bankruptcy reorganization of this photovoltaic enterprise

2025-06-24 09:24:05

Digital New Energy DataBM. Com learned from the National Enterprise Bankruptcy Restructuring Case Information Network that on June 19, the announcement of the voting results of the draft Ott Photovoltaic Restructuring Plan was published.

Digital New Energy DataBM. Com learned from the National Enterprise Bankruptcy Restructuring Case Information Network that on June 19, the announcement of the voting results of the draft Ott Photovoltaic Restructuring Plan was published. According to

the notice, the People's Court of Jianshui County, Yunnan Province, issued a civil ruling in 2022, which ruled to accept the bankruptcy liquidation application filed by Nanjing East Power Transmission Technology Co., Ltd. for Jianshui Otter sville Photovoltaic Power Co., Ltd. It also appointed Jianwei (Kunming) Law Firm as the administrator of Jianshui Ottersville Photovoltaic Power Generation Co., Ltd. (Hereinafter referred to as the "administrator"). On May 23, 2025, Jianshui County Court ruled that Ott Photovoltaic entered the reorganization process. On June 14,

2025, the administrator requested the creditors, shareholders and reorganization investors of Ott Photovoltaic to vote in writing on the Reorganization Plan (Draft) of Jianshui Ott Sway Photovoltaic Power Generation Co., Ltd. before 18:00 on June 18, 2025.

The voting results show that the tax creditor group and the capital contributor group have voted to pass the reorganization plan (draft); the creditor Hairun Photovoltaic Technology Co., Ltd. objected because of the low liquidation rate of ordinary creditor's rights, and the ordinary creditor group failed to pass; Shanghai Electric Finance Leasing Co., Ltd., a secured creditor with property, did not vote on the grounds that the scope of priority liquidation of pledge of accounts receivable should be expanded. According to Article 87 of the Enterprise Bankruptcy Law of the People's Republic of China, the administrator will vote again on the objecting creditors. As the draft has not been changed, the deadline for voting again is June 20. Founded on April 22, 2015

, Ott Photovoltaic has focused on the development of new renewable energy, but due to poor management in recent years, it has fallen into bankruptcy liquidation dilemma. According to Ali Asset Auction Information, since October 2023, Aote Photovoltaic Machinery and Equipment, Housing and Construction and other non-current assets have issued ten auction announcements, all of which have been unsold.


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