Continue to stop production! A Photovoltaic Enterprise in Jiangsu May "Change Ownership"

June 2, Bangjie issued a progress announcement on the temporary suspension of production of its subsidiaries .

The announcement shows that due to the intensified competition in the photovoltaic industry and the sharp drop in product prices in various links of the industrial chain, the company continue to stop production.

for more than 3 months at that time.".

Today, the situation is not getting better. Bangjie shares said that because Yangzhou Bangjie is currently in a loss state , it is difficult to turn around losses in a short time, and continuing to stop production will reduce the company's operating losses and avoid larger losses and capital investment caused by continued production. During the shutdown period, other business activities except production will continue, and employees will be on duty to deal with daily business affairs.

In addition, the announcement data showed that in the first quarter of 2025, the company 's 70000 yuan 45175. 40% of its total revenue.

According to the agreement, The above shareholders sold a total of 23.1 million shares to Shanghai Qishuo, accounting for 5.03% of the total share capital of the listed company , accounting for 5.03% of the total share capital excluding the number of shares in the repurchase account.

On the same day, Tao Jianwei and his concerted actor Tao Shiqing also signed the Entrustment Agreement on Voting Rights with Shanghai Qishuo, which stipulated that after the transfer of the above-mentioned shares was registered. It holds 68.48 million shares (accounting for 14.91% of the total share capital and 15% after excluding the repurchase account).

The term of this voting right entrustment is 36 months .

It is worth noting that after the completion of the above-mentioned transfer of equity and the entrustment of voting rights. Shanghai Qishuo holds 19.94% of the voting rights (excluding the proportion of repurchased shares). The actual controller of the Company will also be changed from Mr. Tao Jianwei to Mr. Huang Rongyao. The details are as follows:

for the acquisition of the target shares .

Based on the previous announcement," As of May 27, the company and its subsidiaries had added about 393 million yuan of undisclosed litigation and arbitration cases in 12 consecutive months, and the cumulative amount involved amounted to 130% of the company's audited net assets in 2024. Amount involved 3.