On January 20, Bangjie shares issued a notice to disclose recent new lawsuits that have not yet been disclosed. Among them, the case of Jiangsu Yangzhou Economic and Technological Development Zone Management Committee (hereinafter referred to as "Yangzhou Economic and Technological Development Zone Management Committee") suing Yangzhou Bangjie New Energy Technology Co., Ltd. (Hereinafter referred to as "Yangzhou Bangjie") and Bangjie Share Contract Dispute has attracted wide attention. On December 9,
2022, Bangjie Co., Ltd. and Yangzhou Jingkai District Management Committee signed the Agreement on Investment in High Efficiency Photovoltaic Cell Projects. Invest in the construction of a high-efficiency photovoltaic
In order to promote the above projects, the Management Committee of Yangzhou Economic Development Zone provides relevant support policies for the project company in accordance with the agreement between the two parties. According to
the indictment, during the period from November 2023 to April 2024, the Yangzhou Economic Development Zone Management Committee successively paid relevant subsidies
through the Xinyang Investment Service Center of Yangzhou Economic and Technological Development Zone. On March 4, 2025, Yangzhou Bangjie announced that since March 1, 2025, Yangzhou Bangjie had temporarily shut down its high-efficiency photovoltaic solar cell production line and carried out a comprehensive large-scale overhaul of its core production equipment. It is expected that the shutdown time will not exceed 3 months .
Up to now, Yangzhou Bangjie battery production line has not yet resumed production.
In response, the Yangzhou Economic Development Zone Management Committee asked Yangzhou Bangjie and Bangjie shares to refund 140 million yuan of related subsidies and interest losses of about 6.6832 million yuan (based on 140 million yuan, according to one-year LPR). From July 1, 2024 to January 11, 2026, and then to the date of actual payment), totaling about 1.
At the same time, Yangzhou Economic and Technological Development Zone Management Committee also requests that Bangjie shares and Yangzhou Bangjie be ordered to bear the litigation costs of this case, and the fees paid in advance should be returned.
In recent years, as the photovoltaic industry has entered a downward cycle and the losses of enterprises have continued to expand, a number of projects that had been "launched quickly" have been forced to stop one after another, and even no longer have the possibility of continuing. Faced with this situation, Yijing Optoelectronics, * ST Mubang, * ST Yunwang, Beijing Express, Baoxin Technology and many other https://www.databm. < a href = ".
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