The Digital New Energy DataBM. Com has learned that. The administrator of Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd. (Hereinafter referred to as the "administrator") will conduct a public auction on Taobao Ali Auction Bankruptcy Platform from 10:00 on September 22 to 10:00 on September 23.

According to the bidding announcement, The administrator will auction 7 deep processing production lines of photovoltaic glass J1, J2, J3, J4, J5, J6 and J7 under the name of Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd. Details are as follows:

According to the public information, Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd. (Hereinafter referred to as "Haikong Sanxin") is a holding subsidiary of Hainan Development, which was established in Bengbu City, Anhui Province in August 2008. Its main business includes the production and sales of ultra-white solar glass and deep-processed glass.
Since 2022, due to the excessive competition in the photovoltaic glass industry market and the continuous decline in prices, Haikong Sanxin has fallen into continuous losses. By the end of June 2025, the total assets of Haikong Sanxin were 499.49 million yuan, the total liabilities were 659.01 million yuan, and the net assets were -159.52 million yuan . Under
heavy pressure, Haikong Sanxin has completely stopped production lines since the end of September 2025 to reduce costs and stop losses. In October of
the same year, Hainan Development decided to apply to the court for bankruptcy liquidation as a creditor or as a debtor; In December 2025, the court formally accepted the case and appointed Anhui Huaihe Law Firm and Anhui Tiancheng Accounting Firm as bankruptcy administrators. (For details, please click: Insolvent! A photovoltaic enterprise in Anhui started bankruptcy liquidation!
Up to now, Haikong Sanxin has not been declared bankrupt by the court and is still in the stage of centralized disposal and auction of assets.
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