A wave of bankruptcies? In less than two months, 30 photovoltaic enterprises were filed for bankruptcy/liquidation.

2025-07-07 17:39:39

Since this year, the photovoltaic industry has accelerated shuffling! According to incomplete statistics from the Digital New Energy DataBM. Com, 23 photovoltaic enterprises have been filed for bankruptcy and 7 photovoltaic enterprises have been forced to liquidate since May.

Since

this year, the photovoltaic industry has accelerated shuffling! According to incomplete statistics, since May, there have been 23 https://www.databm.

, of which 23 have been filed for bankruptcy, mostly because of insolvency . Most of the applicants are debtors .

In terms of regional distribution, 23 photovoltaic enterprises filed for bankruptcy are located in Shandong Province , with the largest number of 10 enterprises . Followed by Jiangsu , a total of 7 enterprises were filed for bankruptcy. As follows:

in Shandong on May 28 The application includes the company and its nine subsidiaries . According to

public information, Dongying Photovoltaic Solar Energy Co., Ltd. was established in April 2006, the legal representative is Sun Cuicui, the registered capital is 400 million yuan, is a state-owned enterprise . Its business scope covers the production and sale of photovoltaic power generation equipment , solar cell modules and solar series products, system integration, etc.

It is worth noting that three other enterprises have filed for bankruptcy many times, namely Huanglong Dongze New Energy Development Co., Ltd., Suzhou Jingang Photovoltaic Technology Co., Ltd. and Chifeng Guangda Photovoltaic Agricultural Development Co., Ltd.

Specifically, Huanglong Dongze New Energy Development Co., Ltd. was jointly filed for bankruptcy by Chongqing Shengjing Hongyang Finance Leasing Co., Ltd. and Shaanxi Haimeike Electric Power Technology Co., Ltd. on June 3. The reason for the

application is that the respondent Huanglong Dongze New Energy Development Co., Ltd. has not fulfilled many debts due, can not pay off the debts due on time, and the respondent obviously lacks the ability to pay off. On September 25, 2024,

Suzhou Jingang Photovoltaic Technology Co., Ltd. was filed for bankruptcy by Suzhou Wutonghua Intelligent Technology Co., Ltd. because the company was still operating normally at that time, and the court rejected its bankruptcy application.

Since then, Suzhou Jingang Photovoltaic Technology Co., Ltd. has been filed for bankruptcy by Suzhou Junwei Security Service Co., Ltd. and Suzhou Jingang Photovoltaic Technology Co., Ltd. on June 23, 2025. As early as April 2021

, Chifeng Everbright Photovoltaic Agricultural Development Co., Ltd. was applied for bankruptcy reorganization by East Electric Power Construction Third Engineering Co., Ltd. and Beijing Huateng Green Park Science and Technology Development Co., Ltd. On July 5, 2025, the People's Court of Wengniute Banner publicized the progress of the case.

Since May, in addition to 23 businesses that have been filed for bankruptcy, seven businesses have been filed for/forced liquidation .

The seven enterprises applied for/forced liquidation are: Hunan Muhui Photovoltaic Power Generation Co., Ltd., Ruiqi (Shanghai) Photovoltaic Technology Co., Ltd., Jiangsu Xukun New Energy Technology Co., Ltd., and Cixian Huineng Photovoltaic Technology Co., Ltd. Jianshui Aoteswei Photovoltaic Power Generation Co., Ltd., Lianyungang Baoxin Photovoltaic Technology Co., Ltd. and Huaxia Focus (Inner Mongolia) Photovoltaic Power Co., Ltd. The

details are shown in the following table:

https://img7.ccement.com/news/2507/richtext/img/ka3xfnbw4me1751881081630.

Huaxia Concentrator (Inner Mongolia) Photovoltaic Power Co., Ltd. 0 HTML0 UNK2 0, as a subsidiary of TCL Central Ring, was established in November 2013, with legal representative Wang Xucheng and registered capital of 400 million yuan. Its scope of business includes of the case.

In addition , Lianyungang Baoxin Photoelectric Technology Co., Ltd. , a subsidiary of Baoxin Technology , is unable to pay off its debts due. On July 4 , it was applied for bankruptcy liquidation by Xinchunsheng Energy Development Co., Ltd. of Suzhou Industrial Park. According to

the data, Lianyungang Baoxin Photoelectric Technology Co., Ltd. was established in July 2022, with legal representative Xu Huaxin and registered capital of 15 million yuan . The business scope includes < a href = "https://www.databm.".

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Since this year, the photovoltaic industry has accelerated shuffling! According to incomplete statistics from the Digital New Energy DataBM. Com, 23 photovoltaic enterprises have been filed for bankruptcy and 7 photovoltaic enterprises have been forced to liquidate since May.

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