Chinese solar water

[Source: "New Industry" August issue / reporter Yang Yi] Originally not two well-known solar energy companies, recently due to the company's business operations and investment, fundraising and other numerous variables, and has received much attention.

The two companies are Jiangxi LDK High-Tech Co., Ltd. (hereinafter referred to as "Saiwei") and Huangming Jieeneng Holdings Co., Ltd. (hereinafter referred to as "Huangming Jie Neng").

When the market shrank and product prices plummeted, those companies that once had billions of value were questioned for various reasons. People can't help but wonder if the era of photovoltaic foaming is coming. Significant changes in the industrial landscape have also begun?

How to make the physical project operation more stable, how to not be influenced by other firms, how to choose when investing, this one question has now emerged, but how to solve it seems to be the market's concern. The website of the Standing Committee of the Xinyu Municipal People's Congress recently issued a message that the government has included a loan of several hundred million yuan in the company's annual budget. This seems to indicate that the government will play the role of a special savior in the high loan event of Saiwei.

At the end of 2011, Saiwei’s total debt amounted to US$6 billion. With government assistance, it may continue to survive in the short term. Assume that Peng Xiaofeng did not invest in a number of subsidiaries and did not invest in polysilicon. Perhaps Saiwei will not face the current financial crisis.

On July 12, the Xinyu Municipal People's Congress Standing Committee held its seventh meeting. “The meeting reviewed and approved the city's people's government's inclusion of the gap funds of Jiangxi LDK Company's repayment of trust loans to Huarong International Trust Co., Ltd. into the annual financial budget for the same period. motion".

"New Industry" learned that there is indeed a loan of 500 million yuan between Huarong Trust and Saiwei. The starting date is June 29, 2009 and expires on June 28 this year. However, it is not known from the annual budget that will help the amount of the gap that Saiwei has filled.

(unfinished)

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