Photovoltaic equipment leading men heaven dragon photoelectric trouble

Once China pv equipment is the first brand in deep mire.

on October 9, Jiangsu Huasheng Tianlong Photoelectric Co. , Ltd. ( Hereinafter referred to as dragon photoelectric, 300029. SZ） Receive the inquiry letter. Shenzhen stock exchange trading company management department after the review half-year, require the company to explain relevant litigation matters, has boosted revenue and gross margin is high, the liabilities and liquidity risk, the controlling shareholder's equity is frozen and so on many problems.

dragon photoelectric also have revealed the tip about the risk of company bank account is frozen announcement, the announcement about the company's bank account is frozen.

the company had in June 6th, July 5, on September 6, August 7, and disclosed the news of the equipment manufacturing production line shut down many times. As of October 8, denon photoelectric main business equipment manufacturing production is still unable to restore.

in December 2018, dragon photoelectric production announcement, said no new orders recently, cause its headquarters production line at all. This means that, as of now, the company has nearly 10 months production.

the latest announcement, the company main products of the single crystal furnace, polycrystalline furnace failed to win the market order, early has to undertake not delivery order, has not obtained the customer orders as of October 8, the specific delivery time, the company no production plan & throughout; 。

dragon photoelectric admit its poor situation, the current liquidity remains tense, solar net, monocrystalline silicon, polycrystalline silicon materials production, financing plan has not been made substantial progress.

dragon photoelectric founded in 2001, involved in December 2009. Is engaged in the photovoltaic (pv), photoelectric specialized equipment research and development, production and sales of listed companies, was hailed & other; Throughout the first brand of Chinese photovoltaic equipment &; , shares up to 38. 24 yuan.

winter photovoltaic industry since 2012, the company's frequent losses, China solar energy network, sell assets, and protect shell twice.

　　2012- In 2013, dragon photoelectric consecutive losses. At the end of 2014, through the change controls are easy to master, at the same time to sell subsidiary to the controlling shareholder in order to realize the turnround shell.

　　2015- Solar panels in 2016, the company loss-making again, again change controls. In 2017, through strengthening the sales turnround, 6702 profit. 190000 yuan.

in 2018, the company by the auditor issue the audit report of reservations, revenue is only 957. The net loss of 660000 yuan, 1. 3. 6 billion yuan.

according to the announcement, denon photoelectric disclosure solar portal, so far, the company has sued for liquidation value of 2320. 050000 yuan, Including the ruling, pending amount) , in accordance with the company has sued a third of the amount involved in the provision 773 estimated debts. 350000 yuan.

because of involving a is provided by the joint liability guarantee of litigation, so far, China's solar energy network, denon photoelectric had five bank account is frozen, no new accounts.

among them, the only remaining 303 basic door. Balance of 1 yuan, four general door is about 3 yuan, 6000, respectively. 9 yuan, 33. 620000 yuan, and 557. Fifty-nine yuan.

announcement, the bank account is frozen on the normal operation of the company, management caused certain effect, but not significant effects on the normal production and operation of the company as a whole.

in the first half of this year, dragon photoelectric revenues of about 1110. 580000 yuan, rose 41. 08%; A net loss of about 386. 40000 yuan, a year earlier to 2137 loss. 860000 yuan.

the company said it will take a contraction strategy, adjust the development plan, as far as possible reducing losses to a minimum.

closed as of October 10, denon photoelectric share price is 6. 43 yuan, up 4. 05%. （ The reporter | jiang fan)