On October 31, Xinyi New Energy Technology (Quzhou) Co., Ltd. Since October 31 , 2025, the company has completely stopped all operational activities.
As for the reasons for the company's cessation of operations, the content of the document shows that: "Recently, the state has made major policy adjustments to the photovoltaic industry and implemented stricter regulation of the industry's production capacity." Due to this force majeure, the board of directors of the company carefully studied and finally decided to stop the operation of the company.
According to industry media reports, former employees of Xinyi New Energy disclosed that the company had paid compensation according to N + 1 for the suspension of production and dismissal of employees. On 21 July
this year, The official website of Quzhou Municipal Government released the EIA report of the new energy project with an annual output of 8GW high-efficiency solar cells and 2GW high-efficiency solar modules, announcing that
the new energy project will invest 4.025 billion yuan . A project with an annual output of 8GW high-efficiency solar cells and 2G W high-efficiency solar modules has been established in Qujiang District, Quzhou City. The project will be put into operation by stages, of which 3GW battery and 2GW component projects are planned to be put into operation first. The project adopts TBC production process. On August 1
this year, Quzhou Municipal Bureau of Ecology and Environment issued a review opinion on the EIA report of the above-mentioned project, agreeing in principle with the conclusion of the EIA report. According to
the data, Xinyi New Energy Technology (Quzhou) Co., Ltd. was established in March 2023, and its business scope covers the manufacture and sale of photovoltaic equipment and components; solar power generation technology services; Rental of photovoltaic power generation equipment, etc. According to the company's equity structure chart, Ni Zhirong, a natural person, is the controlling shareholder of the company, and Yidao Xinneng and Quzhou SASAC also hold the company's shares respectively.
However, according to industry media reports, the actual controller behind the company is Li Hua , former vice president of the Central Research Institute of Longji Green Energy. According to
the data, Li Hua, born in November 1976, is a doctor of the University of New South Wales. During her tenure at Longji Green Energy, she led the research team to continuously innovate in the field of high-efficiency battery technology, setting nine world records since 2017, involving PERC, TOPCon and BC technologies.
浙公网安备33010802003254号