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Yingli Group Limited, which is deeply involved in debt crisis, may be in trouble.
On January 20, an internal document issued by the China Banking Supervisor showed that the Banking Supervisor and the National Dynamics Bureau supported the reorganization of Yingli’s asset debt, and then Wang Zhi, deputy director of Yingli Public RelationsManila escortNew confirmed that Yingli Group has officially launched the debt reorganization. On February 15, Bloomberg and other foreign media reported that a news report from relevant experts was reported that the National Development Bank and the Bureau of Baoding City, Hebei Province, had a total of 3.3 billion yuan of “blood” to Yingli. The news also revealed that the British profit and the previously popular strategySugar daddy investor—China Credit Suisse Asset Management Shares—this people are recording the knowledge competition program, and she is unlimited. href=”https://philippines-sugar.net/”>Escort manila has also obtained substantial discussions. From the first delivery of components to the current debt reorganization, the development of Yingli Mountain Car Reflects the Escort of our photovoltaic companies in my countryEscort manila has been involved in some issues in company management, strategic planning, capital operation. An insider who did not want to sign told the reporter: “The main reason for Yingli’s giant is overextension. Although Guang A is big. Which company is working in now? It is said that it is not something that ordinary people can go. The industry has become popular, but the market’s supply and demand balance is still cowardly. Overly optimistic and self-expanding for fear that it will lead to overexcessive production. Yingli’s Sugar daddy crisis is an industry mergerSugar daddy crisis is an industry mergerSugar Baby‘s reorganization and improvement of industry concentration, the accelerated reshuffle of the photovoltaic industry will become a trend. “
The huge number of people is overextended
The public data shows that Yingli Group, established in 1987, entered the solar photovoltaic power industry in 1998, and was established in 1999. Sugar baby has an annual production capacity of 3 megawatts. Sugar baby Polysilicon solar battery and application system demonstration projects, and has achieved the highest global sales of photovoltaic components in 2012.
It is clear that in 2007, Yingli Green, one of the assets of Yingli, went public on the New York Stock Exchange, but between 2007 and 2014, Yingli only realized its profits in 2007, 2008 and 2010.The rest of the years have appeared. In 2015, the photovoltaic industry returned to full heat, and most companies turned profitable, and Yingli was still deeply trapped in debt quagmire. Yingli’s financial report in the third quarter of 2015 showed that Yingli had a total debt of 23.943 billion yuan, a liquid debt of 18.4 billion yuan, and a high asset debt of 1.1 billion yuan. Seeing her working hard, Song Wei handed the cat over to her, and felt a little at ease. 21.3%.
Hong Hui, chief photovoltaic researcher at China Dynamics Economic Research Institute, told the reporter: “The ice is three feet long and it will be cold in one day. Yingli started in the manufacturing industry, and now the debt reorganization is that it continues to develop and expand in many aspects at the same time and overextends.”
In front of the Hongzhong Profit, Yingli established Liujiu Silicon Industry Co., Ltd. in 2008 and invested up to 12.6 billion yuan in projects such as polysilicon. However, after the global financial crisis broke out in the same year, the price of polysilicon left over from Manila escort began to appear and was picked by the lens. By Sugar baby, both women were young and attractive, she fell slashed, and the Sixteen-Nine Silicon Industry lost 2.275 billion yuan in 2011. The market suddenly changed, and Yingli, which is conducive to the polysilicon industry, turned his attention to photovoltaic power stations.
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