15, the family infighting of the actual controller of Tuori Xinneng, which lasted for several months, ushered in new progress.
The announcement shows that the company recently received two Civil Rulings from the actual controller, and the court has allowed Chen Wukui and Li Fenli to withdraw two lawsuits against their daughter Chen Chen and Shenzhen Aoxin Investment Development Co., Ltd. (Hereinafter referred to as "Aoxin Investment").
In retrospect, the storm of family infighting originated from May 23 this year, when Shenzhen Dongfang Hexin Technology Co., Ltd. (Hereinafter referred to as "Dongfang Hexin"), the second largest shareholder of Tuori Xinneng, suddenly proposed to dismiss Chen Chen as a director. Equity penetration shows that the actual controllers of Dongfang Hexin are Chen Chen's brother Chen Jiahao (51%), mother Li Fenli (39%) and father Chen Wukui (10%). Photovoltaic Listed Companies Trapped in Family Infighting? Parents and younger brothers join hands to dismiss their daughters .)
In the face of the family's joint attack, Chen Chen quickly counterattacked. On May 26, Chen Chen asked the company to remove his mother Li Fenli and brother Chen Jiahao from the board of directors .
At the same time, Chen Wukui and Li Fenli filed a lawsuit against the shareholder qualification confirmation dispute of 53.6% equity of Aoxin Investment registered under Chen Chenming's name, requesting that the equity of the relevant company registered under Chen Chen's name be owned by Chen Wukui and Li Fenli, and that Chen Chen assist in the registration of equity change.
According to the disclosure, Aoxin Investment, which is jointly held by Chen Wukui, Li Fenli and Chen Chen, is the largest shareholder of Tuori Xinneng, accounting for 28.14% of the shares, while Dongfang Hexin, which is jointly held by Chen Wukui's husband and wife and their son Chen Jiahao, is the second largest shareholder of the listed company, holding 9.10%.
Now, less than four months later, Chen Wukui and Li Fenli have decided to withdraw two lawsuits against their daughters Chen Chen and Aoxin. Behind this, the probability is closely related to the company's recent dismal secondary market performance.
Since the outbreak of family infighting in May, Tuori Xinneng's share price has fallen from 5.11 yuan per share on May 22 to 4.18 yuan per share on September 15, with an interval decline of 18.20% . The total market value of the company has shrunk by about 1.310 billion yuan .
After the disclosure of the withdrawal of the lawsuit, Tuori Xinneng's share price today rose 5.74% from yesterday, closing at 442 yuan per share, with a total market value of 6.225 billion yuan. According to
the official website, Tuori Xinneng was founded in August 2002 and listed on the Shenzhen Stock Exchange in February 2008. It is the first pure solar energy company listed on the A-share market in China. The company has seven major production bases in five provinces and more than 40 subordinate companies. Now it has formed photovoltaic glass and EVA material manufacturing, high-efficiency solar cell module manufacturing, The whole industry chain of "vertical integration" of intelligent photovoltaic application product supply and integration and operation of photovoltaic power plants.
According to the semi-annual report of 2026, Tuori Xinneng achieved a revenue of 473 million yuan during the reporting period, down 6.91% year-on-year, and a net profit loss of 57.8808 million yuan , a slight decrease of 3.86% year-on-year; Operating cash flow improved significantly to 128 million yuan , an increase of 289.31% over the same period last year.
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