later, East China Light Energy Technology (Xuzhou) Co., Ltd. (Hereinafter referred to as "Xuzhou Light Energy"), a former subsidiary of East China Heavy Machinery, countersued 12, East China Heavy Machinery announced that. The People's Court of Peixian County, Jiangsu Province has recently made a first-instance judgment on the case: the defendant Jiejia Weichuang and its two subsidiaries, Jiejia Chuang Precision and Jiejia Chuang Intelligence, shall return the payment of 411 million yuan and the guarantee fee paid by Xuzhou Solar Energy within 30 working days
. The court ruled that Xuzhou Guangneng should return the equipment supplied by Jiejia Weichuang and its two subsidiaries within 30 days, and the defendant Jiejia Weichuang and its two subsidiaries should dismantle and retrieve it .
In addition, the case acceptance fee is 2.1032 million yuan and the preservation fee is 5,000 yuan, totaling 2.1082 million yuan, of which 1,573 yuan is borne by the plaintiff Xuzhou Solar Energy, and 210 yuan is borne by the defendant Jiejia Weichuang and its subsidiaries.
It was mainly engaged in high-end equipment manufacturing business with container handling equipment and intelligent CNC machine tools as its main business.
Due to the depression of the original main business, East China Heavy Machinery announced the cross-border photovoltaic field in March 2023. It plans to invest 2 billion yuan to build 10GW high-efficiency solar energy in Peixian County , Jiangsu Province May of the same year." Xuzhou Solar Energy, a former secondary subsidiary of East China Heavy Machinery, signed three equipment procurement contracts with Jiejia Weichuang and two subsidiaries, mainly supplying TOPCon battery line equipment, and then purchasing crystalline silicon deposition furnace and other equipment, with the total amount further increased from 561 million yuan to about 5.
The batch of equipment was delivered in July 2023 and completed in September. Xuzhou Solar Energy issued all equipment acceptance documents, and the project was put into operation in August 2023, with an initial capacity of 4G W.
During this period, Xuzhou Solar Energy paid about 411 million yuan for the goods, and the remaining final payment was 1. By November 2024, Jiejia Weichuang filed a lawsuit against Xuzhou Solar Energy and Wuxi East China Solar Energy Technology Co., Ltd. because Xuzhou Solar Energy was in arrears with the equipment payment. There are four cases in total, totaling 2.
Among them, two cases have been judged in the first instance, and Xuzhou Guangneng has been judged to pay Jiejia Weichuang a total of 1. The other two cases have been judged in the first instance, and the amount involved is 66 million yuan.
East China Heavy Machinery also said that Xuzhou Solar Energy commissioned a professional technical appraisal agency to appraise the equipment. The appraisal opinion holds that the whole line equipment supplied by Jiejia Weichuang and its subsidiaries does not conform to the contract agreement .
In this regard, Xuzhou Solar Energy claims that Jiejia Weichuang shall pay liquidated damages for delayed delivery, economic losses caused by delayed delivery of equipment, Economic losses due to equipment not conforming to the agreed technical standards, etc . 3. (For details, please click: about the verdict." The company will appeal to the Intermediate People's Court of Xuzhou City, Jiangsu Province within the statutory time limit to safeguard the company's interests in accordance with the law and regulations.
Previously, in April 2025, Zhejiang Kaiying New Materials Co., Ltd. had applied for bankruptcy reorganization of Xuzhou Solar Energy and Wuxi East China Solar Energy Technology Co., Ltd. on the grounds that it could not pay off its debts and still had the value of reorganization. In June of the same year, due to bankruptcy reorganization, East China Heavy Machinery announced that it would no longer be included in the scope of consolidated statements.
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