Solar photovoltaic applications to ease liquidity strains dragon photoelectric borrow a holding 9. 5 million yuan

It is understood that a holdings denon photoelectric 2. 80% of the company, on March 28, 2020 in jiangxi province higher people's court judicial auction auction company 20 million shares, if the auction finished transfer, a holding will hold dragon photoelectric 12. A 80% stake, becoming the first big shareholder. The connection transaction is fair and reasonable for both parties, solar energy, no damage to non-affiliated shareholders' interests, in the interests of the company all the shareholders. The article content is for reference only. Net profit attributable to shareholders of listed companies to - 75. 69 million yuan, from last year to reduce losses of 44. 30%. In 2018 and 2019, denon photoelectric again for two consecutive years of losses, such as the 2020 results cannot turnround, solar installation dragon photoelectric will face the risk of suspension of listing. Once the photovoltaic equipment leading enterprises. Draco photoelectric 2012 and 2013, 2015 and 2016 consecutive losses, protect shell twice. Specifically, solar net, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group the people vote for 200 mw, 190 mw hubei energy group, how much solar energy mix water valve huaneng 180 mw photovoltaic network statement: this information is reproduced from the power grid cooperation media or other Internet website, solar photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. In addition, the dragon photoelectric dishonest person subjected to execution is still in the state, because there is no ability to perform the payment obligation of court decisions, lift its state of broken time is uncertain. In addition, tianlong optoelectronic company Shanghai James is still in a state out of control, and its assets and business sites were blocked, has been unable to continue as a going concern, can not benefit from the subsidiary business activities. Among them, the EPC project owner units is given priority to with soe/state, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. And the company continued to keep factories and workers idle equipment manufacturing production line, production management has an impasse, money is tight, the going-concern ability has significant uncertainty. , denon, said photoelectric main products of the single crystal furnace, polycrystalline furnace failed to win the market order, early has to undertake not delivery order as of April 7, 2020, has not obtained the customer orders, delivery time, the company no production plan. To make matters worse, how many Qian Tianlong photoelectric land, monocrystalline silicon furnace of high carbon ferromanganese materials property was seized by the court, all seized items involved case is currently in execution phase, the seizure of land property have been court for compulsory execution risk; As of April 7, the solar energy, denon photoelectric besides its union account of the remaining 5 bank accounts have been frozen, there is no ability to perform the payment obligation of court decisions, account unlock time has significant uncertainty. Then, on April 7, denon photoelectric released first-quarter earnings forecast in 2020, according to the announcement, denon photoelectric XuKui performance in the first quarter of 2020, net profit attributable to shareholders of listed companies is negative 2 million yuan to 4 million yuan, compared with the same period last year, solar energy, basic flat, in the first quarter of 2020 non-recurring profit and loss amount is about 20000 yuan. This paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information.

for - profit total 76. 66 million yuan, from last year to reduce losses of 47. 42%; Solar photovoltaic net news: on April 17, denon photoelectric announcements about lending to shareholders, according to the announcement, due to the need of daily management, borrow a holding company of 9. 5 million yuan, the two sides signed on April 15, 2020 'shareholder loan contract', according to the one-year LPR4. 05% computation, the principal and interest of the total 988. 4. 75 million yuan. And Draco photoelectric ShengRong wealth investment funds guarantee for Beijing court has a case, solar installation that guarantees invalid, denon photoelectric due to fault case criminal recovered after Beijing ShengRong wealth investment fund is unable to repay part of a third. For borrowing, denon photoelectric said, is the company's production and operation of the practical need of the transaction, in line with the company actual situation, to relieve the strain on the company liquidity conditions, maintenance in the company's ability to continue as a going concern, in the interests of the company long-term development. It is worth noting that in recent years, the dragon photoelectric production line production, funds frozen, such as trouble, according to the solar photovoltaic (pv) incomplete statistics, solar equipment, in 2019 - 2020 released a total of 10 times the tip about the risk of company equipment manufacturing production line to continue production announcement, so far, its main business equipment manufacturing production line performance letters, business revenue of 17. 18 million yuan, an increase of 79 from a year earlier. 47%, operating profit - 52. 45 million yuan, to reduce the losses of 62 from a year earlier. 10%?