DBM Video: Shocked! 65 Accounts Frozen, 140 Lawsuits, Former Lithium Power Leading Explosion!

2026-05-09 15:51:51

On May 6, 65 bank accounts of ST Nandu (formerly Nandu Power Supply) and its subsidiaries were frozen due to overdue debts, involving 857 million yuan (60.63% of net assets) and 552 million yuan of outstanding debts. In addition, the company and its subsidiaries were involved in 140 lawsuits and arbitrations in the past year, involving 886 million yuan.

On May 6, 65 bank accounts of ST Nandu (formerly Nandu Power Supply ) and its subsidiaries were frozen due to overdue debts, involving 857 million yuan (60.63% of net assets) and 552 million yuan of outstanding debts. In addition, the company and its subsidiaries have been involved in 140 lawsuits and arbitrations in the past year, involving 886 million yuan.

It is worth noting that in recent years, the company's performance has continued to deteriorate, with a huge loss of 5.4 billion yuan in more than five years, especially a net profit loss of 1.497 billion yuan in 2024, a loss of 2.642 billion yuan in 2025 and a loss of 305 million yuan in 2026Q1.

In addition, the company also has some negative factors, such as the chairman's cash, the departure of senior executives, the termination of the planning of H-share listing, and the change from "Nandu Power Supply" to "ST Nandu". The freezing of the account is undoubtedly a concentrated outbreak of the company's capital chain crisis.

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On May 6, 65 bank accounts of ST Nandu (formerly Nandu Power Supply) and its subsidiaries were frozen due to overdue debts, involving 857 million yuan (60.63% of net assets) and 552 million yuan of outstanding debts. In addition, the company and its subsidiaries were involved in 140 lawsuits and arbitrations in the past year, involving 886 million yuan.

2026-05-09 15:51:51

On April 20, Chen Hongliang, president of Huayou Cobalt Industry, said at the performance presentation meeting in 2025 and the first quarter of 2026 that at present, enterprises distributing lithium resources in Zimbabwe have received relevant approvals for the export of lithium concentrates, which are all in the process. After the export procedures are complete, the domestic cycle will take about 3 months.

2026-04-20 17:19:00

Recently, BYD Energy Storage reached a new strategic cooperation with Grenergy, Spain's leading clean energy company, to provide 468 MC Cube-T energy storage systems for the Oasis Optical Storage Project in Central Chile, with a total capacity of 2.6 GWh.

2026-03-27 15:06:53

On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.