Former photovoltaic leader Hanergy Group negatively entangled the "first negative" Li Hejun back to A's road or slim

In the past, Hanergy Film Power Generation, a related enterprise of Hanergy Group, a light -volatile leader, was difficult to conceal the state of corporation after the privatization of Hong Kong stocks. The remaining related companies were also constant judicial disputes.

Recently, the State -owned Assets Supervision and Administration Commission of the State Council formulated and issued the "Improvement of the Quality Work Plan for Improving the Listed Companies of Central Enterprises" to make arrangements for improving the quality work of central enterprise holding listed companies. It is found that the network is not only a high -quality development company or company that is not only a high -quality development company or company that has a high -quality development company with high -quality development with central enterprises. For example, Hanergy Mobile Energy Holding Group Co., Ltd. (hereinafter referred to as: Hanergy Mobile Energy) and its related companies have many central enterprises in cooperative customers, and its related company Hanergy Film Power Generation Group Co., Ltd. (hereinafter referred to as: Hanergy Film Power Generation ( Reice), 0566.HK) with some local governments have industrial park cooperation projects.

According to the data, as of now, Hanergy Mobile has applied for bankruptcy and liquidation three times, but in the end, the applicant has ended with the withdrawal of the applicant; in the company's investigation of the information, Hanergy Mobile Energy involves thousands of legal litigation information. How does the current situation develop high quality? Want to return to A's road? It was found that the network sent an interview letter to Hanergy's public energy public email to request doubts, but as of press time, the other party did not explain it reasonably.

Haven't handled a financial statement confirmed by the auditor for 4 years

Public information shows that in 2011, Hanergy Holdings landed in the Hong Kong capital market and changed its name to Hanergy Film Power Generation Group Co., Ltd. 3 years later. It was suspended on July 15, 2015. Hanergy Mobile Energy used Hamane Mobile Energy Holdings Co., Ltd., which was established in 2016. It was a major shareholder of Hanergy Film.

Hanergy Film Power Generation is mainly engaged in the manufacturing equipment and the entire production line of the manufacture of silicon -based thin film power generation components; the technology development and production of the entire production line of copper -chopped selenium (CIGS) film power generation line; Development of thin film power generation products.

It is worth noting that in the announcement of the media report or the announcement of Hanergy's thin film power generation, Hanergy Mobile was the controlling shareholder of Hanergy's thin film power generation. However, data disclosed at the end of 2018 before the delisting of Hanergy Film Power Generation, the largest shareholder of Hanergy's thin film power generation is Hanergy Investment Limited with a shares of 35.27%; the second largest shareholder is Hanergy Hydropower Group Co., Ltd. ( It is now renamed Jinjiang Hydropower Group Co., Ltd., hereinafter referred to as: Jinjiang Hydropower), holding 24.54%of the shares; the former is 100%holding subsidiary.

(Picture source: Wind)

Judging from the currently disclosed relationship map of enterprises, Hanergy Mobile has no direct connection with Jinjiang hydropower, but the two disclose the same official phone calls, both of which are related companies in Hanergy Group.

Hanergy's film -based power generation in Hong Kong stocks has just begun a few years of performance. Until 2015, Hanergy's thin film power generation was hit. The market value of 10 billion yuan in 20 minutes, the founder Li Hejun's net worth almost 100 billion yuan. On July 15 of the same year, Hanergy's film power generation was suspended by the exchange and stopped trading of listed companies shares. On July 20, Hanergy's thin film power generation disclosed "Termination of Continuing Continuing Transactions".

Since then, the privatization withdrawal of Hanergy Film power generation has been successfully withdrawn on June 11, 2019, and Hanergy's thin film has not been able to resume trading. It is understood that it is mainly because it cannot complete a resuming condition, that is, a financial statement confirmed by the auditor. In the 2018 financial report, due to the unable to judge whether the receivables could be recovered, the auditors reserved the entire annual report. In other words, Hanergy Film has been unable to issue a financial statement confirmed by the auditor.

At that time, Hanergy Mobile Energy said: "For the listing of A shares in the Mainland, Chinese consultants have been hired to conduct due diligence review on the A -share market listing. It is expected that the steps of listing reorganization will be completed within six months after the plan is completed." The situation, Back A has been put on hold indefinitely.

The performance is dazzling, but it is exposed to the arrears of salary

In July 2019, Hanergy Group exposed a large -scale wage arrears. On October 15 of the same year, Li Hejun released a three thousand words of "A letter to all employees" on the official website of Hanergy Group. Based on this, on this basis, in addition to the salary of the month in the next month, the salary of the previous monthly pays 50%of the monthly wages, until it is all supplemented. "

But now, the incident has not been resolved. In an interview with the media at the end of 2019, Li Hejun stated that the direct reason for the arrears of the arrears was that the accounts receivable did not return in a timely manner. The annual report issued a situation of reservation. Wind data shows that in 2018, Hanergy's thin film power receivables totaling 12 billion yuan, of which accounts receivable and notes were 3.6 billion yuan, and other receivables were 8.4 billion yuan.

(Picture source: Wind)

Before the arrears of salary incidents revealed, Hanergy's film -based industrial park project was in full swing. The 2017 annual report shows that as of December 31, 2017, three industrial park project companies have purchased thin film production lines from Hanergy Group, namely Sichuan Mianyang, Shanxi Datong and Zibo Industrial Park in Shandong, with a total sales contract of about RMB 11.3 billion Yuan.

(Source: 2017 annual report) Wind data shows that from 2016 to 2018, Hanergy's thin film power generation operating income was 4.050 billion yuan, 5.169 billion yuan, and 18.687 billion yuan, respectively. The same period of net profit was 225 million yuan, 218 million yuan, and 4550 million yuan, respectively, with a year -on -year growth rate of 102.06%, 3.77%, and 1888.91%.

(Picture source: Wind)

Three applications for bankruptcy liquidation, involving multiple lawsuits

At present, Hanergy's mobile energy has applied for bankruptcy liquidation three times, but the applicant has ended with the withdrawal of the applicant. This is still the case for Hanergy Mobile Energy, and other related companies of Hanergy Group are liquidated. According to the data, Hanergy Group includes Zhejiang Changxing Hanergy Film Solar Co., Ltd. Many companies including Power Generation Co., Ltd. have been gone bankrupt.

According to the company's investigation data, as of June 17, 2022, Hanergy's mobile energy involved over 999 lawsuits, and 13 pieces of information were executed; 52 dishonesty information; 333 high consumption; 274 cases in this case; 325 referee documents.

(Photo source: Enterprise check)

Among them, Hanergy Mobile Energy and Datong Dazhen Mobile Energy Co., Ltd. sue Hanergy Mobile Energy and Beijing sincerity Platinum Sunshine Electric Equipment Co., Ltd. (hereinafter referred to as: sincere platinum yang) trading contract disputes.

It is understood that the actual controller of Datong Dazhen Mobile Energy Co., Ltd. is the State -owned Assets Supervision and Administration Commission of the Shanxi Provincial People's Government. Earlier, in order to build Datong Mobile Energy Industrial Park, Datong Economic Development Investment Co., Ltd., which represented Datong Municipal Government, and Datong local state -owned enterprise Datong Coal Mine Group Tongxi New Energy Co., Ltd. and Hanergy Mobile Energy. Mobile Energy Co., Ltd. ".

On October 11, 2020, the Datong Intermediate People's Court of Shanxi Province accepted the above -mentioned trading contract dispute [(2020) Jin 02 Minchu No. 100, (2020) one of Jin 02 Minchu No. 100]. The 20%equity of Datong Datong Mobile Energy Co., Ltd. held by Hanergy Mobile was frozen, and the term was August 20, 2022.

On March 31, 2022, Datong Datong Mobile Energy Co., Ltd. and sincere Platinum Yang, Hanergy Mobile Energy Sales Contract Dispute [(2022) Jinmin No. 136] opened, the appellant was Datong Dazhen Mobile Energy Co., Ltd. In this trial, the appellee of Hanergy's mobile energy and sincere platinum yang all appeared in court.

The "old friend", which once worked together, has now facing the court, and the development of Hanergy Group can be described as ups and downs. Some people in the industry have analyzed that the leader of the photovoltaic industry is the most dangerous, because technical changes need to be changed, and all the equipment is the sunk cost. Li Hejun was even more emotional: "From the beginning, I knew the difficulty of the film industry, but I thought it would be almost the same. Many, the industry cultivation period is so long. "

(Reporter Luo Xuefeng Financial Researcher Liu Yue)

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