New proceedings are million crystal photoelectric sued amount accumulated more than 96 million

On July 22, solar photovoltaic webex: after-hours, hundred million crystal photoelectric released the latest issue of the statement on the progress of the investor litigation matters, which shows that so far, the company has received a number of investors in total 866 cases of civil lawsuit filed against the company material, Does not contain three causes the plaintiff did not press formulary pay court costs, is processed by the court according to the plaintiff to withdraw prosecution cases) , litigation value of RMB 96915964. 56 yuan ( The amount of the claim amount, did not consider some cases dropped or modify his claims amount) 。

from the perspective of the cost of double battery costs or even lower than that of single cell ( Per piece for the unit) , the reason is double battery to save the consumption of aluminum paste, this is a very exciting thing, because obviously increases the two-sided cell monolithic component power cost was lower, also recently heard that some seemingly unexpected are understandable, that is the one side of the component factory and factory bought the Perc batteries, delivery battery plant was double the battery according to the price of single battery delivery. Actually factory also not stupid, the logic behind is double battery costs are lower, accounting down per piece cost than single low perc seven cents.

back antecedents, on May 3, 2018, the crystal photoelectric disclosure, said the company and related parties received the China Securities Regulatory Commission ningbo regulatory authority of the administrative penalty ( ( 2018] 1) 。 Securities regulatory commission investigation concluded that million crystal photoelectric on June 22, 2016 to January 25, 2017, during three separate arbitration matters disclosed in a timely manner in accordance with stipulations. Three separate arbitration matters respectively:

1, changzhou million crystal photoelectric technology co. , LTD. ( Million crystal optoelectronic company) With Fast Thinker Limited arbitration matters;

the above three in the aggregate amount of the arbitration matters more than hundred million crystal photoelectric audited net assets of 10% in 2015, the third arbitration are single amount more than hundred million crystal photoelectric audited net assets of 10% in 2015. In the end, the securities and futures commission decided to hundred million crystal photoelectric shall be ordered to correct, given a warning, and fined 600000 yuan. Other relevant responsible persons have been give a warning, and a different amount of fine penalty.

in accordance with the relevant judicial interpretations, on January 12, 2017 to May 25, 2017 to buy crystal photoelectric, on May 26, and in 2017 after selling or still hold and produce certain negative ( No matter whether the solution set) Investors can participate in professional law firms organize for million crystal photoelectric claim solicitation. Have a claim for demand, and the qualified investors, name, contact information and stock trading records can be ( Suggestions for Excel file) Sent to the email:, participate in red weekly & other; Civil rights & throughout; Column claim solicitation activities organized by the group. Being paid for the final condition and maintaining the claim amount will be subject to court. Investors before didn't get compensation, without any lawyer fee.

is despite its claims of vortex, but million crystal photoelectric cash flow remains fairly strong. This year on January 31, million crystal photoelectric issued a 'about 2019 annual plans to use its own funds to entrust financing spare announcement. Announcement content, to make full use of the company idle its own funds, to further improve its use efficiency and reduce financial cost, in does not affect the normal operation under the premise of capital requirements, and ensure the safety of fund, is expected to use the balance is not more than RMB 800 million of spare their own money to buy high safety, timely liquid products. Entrusted with the entrusting party (for the company And subordinate subsidiary) Bank such as qualified financial institutions. Entrust financing deadline for 2019 years, that is any financial product purchase starting date not later than December 31, 2019, and a single financial product investment period of no more than 12 months. Commissioned by the finance does not constitute a related party transactions. As of announcement date, the company accumulated to entrust finance balance of 400 million yuan ( Does not contain the entrusting) 。

notice from the above it is not hard to see, hundred million crystal photoelectric or & other; Money & throughout; , the company's future business development and subsequent rights damaged people, all is good news.

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