24,800,000,000 been the delisting warning selling assets rescue price

  LDK Solar Co., Ltd. plight once again faced with the predicament of matters worse.

    Recently, the LDK's third quarter results, third-quarter sales of $ 291.5 million, far below the $ 471.9 million in the same period in 2011, third-quarter loss of $ 136.9 million. Previously, LDK's stock price below $ 1 because of the 30 consecutive trading days,solar panel the receipt of the NYSE delisting warning, in accordance with the requirements of the company must let the share price and the average price per share in the six months to return to higher than 1 The level of the U.S. dollar, or face delisting.

    The end of November, the LDK's stock difficult to return to $ 1 per share mark, but bad earnings to continue the company's share price on December 5 dropped back to $ 1 or less, only $ 0.939, Zevi liabilities amounted to 24.893 billion yuan, heavy debt once the industry giants increasingly dejected the new energy richest man old Peng Xiaofeng also caught on the cusp.

    Although the previously state-owned background Jiangxi Hengrui New Energy Co., Ltd. has acquired LDK part of the shares, but also difficult to save the ship ran aground giant ship. Analysis of the industry, Zevi if the delisting will be facing a shareholder transnational litigation, creditors liquidation, suppliers Dumen and other series of questions, and finally inevitable bankruptcy, "now has to Zevi most difficult moments."

    Debt pressures facing banks and suppliers, Zevi goods and power stations as repossessed two ways. A Jiangsu supplier told reporters that most of the small and medium-sized suppliers choose to take wafers and components repossessed from the factory, and then be sold on the market, these products as soon as possible in order to sell goods reflux funds basic are playing low discount, otherwise difficult to sell in this market environment to go. "

    An LDK leaving sources said, the current local government and creditor banks, Zevi tripartite preserve the stock price back to $ 1 stabilized to avoid delisting, although now Zevi engineering companies, power inverter  plants has begun to sell repossessed , but is still core assets. "At this stage to keep the production of silicon-based U.S. listed companies can be the right opportunity, the silicon material and components business spin-off in Hong Kong public financing, which is one of the methods of the LDK for themselves." (China Business newspaper)

    National electricity expansion the sequelae of existing liabilities rate too high of Chang'an energy price cuts Bargain

    In listing the subject no one should be the subject of the case, the the State Power fuel "and decided to" have chosen to lower the listing price, this initiative is very rare in the central enterprises equity transfer, the determination of the State Power transfer Chang'an energy determination is also evident.

    November 6 this year, the China Beijing Equity Exchange to hang out transaction information to sell its holdings of Pingmei Chang'an Energy Development Co., Ltd. (referred to as Chang'an energy), the Guodian its Guodian Fuel Co. want the price of 2.356 billion 40% stake in listed expiration of the period from December 3.

    And on the day after the listing expires, the China Beijing Equity Exchange once again hang out information about a 40% stake in Changan energy trading, while the listing price dropped to 2.121 billion yuan, listed expiry date of December 29.

    Before there were the Shaanxi local insiders told reporters Shaanxi Province Energy Group (Shaanxi investment group formerly) with the the Chang'an energy controlling shareholder Pingmei Group has more than a year of in-depth contact may transferee Guodian equity. But during the last month listed, but no figure of any intention of the transferee, the State Power dramatic downregulation of the listing price.

    The debt ratio is too high, capital chain tension, has been a major problem of the five major power of central enterprises, including the State Power. The high-priced acquisition in the coal fields of a few years ago, no doubt also add to the financial burden. In fact, in the 2008 -2010 period, the State Power also acquired shares of a large number of small and medium-sized coal projects. With coal prices fall this year, in the coal fields, rapid expansion of the drawbacks of extensive management began to show. (21st Century Business Herald)

    Sinovel holiday event upgrade: staff requirements Wei Wenyuan come forward

    Events "on leave" because of the staff continues to heat up, the Sinovel power station to the cusp of public opinion.

    This investment institutions in the capital market, creating a five-year investment in wind power enterprises of more than 500-fold return on myth, because of the downturn in the overall economic situation and the impact of the industrial policy tightening, face difficulties in production and operation of many jobs underemployment or discontinued staff made the decision to leave work stoppage and boycott by the employees.

    The one hand, the downturn of the economic environment affect the growth of the industry as a whole, on the one hand, industry-wide overcapacity is also due to the early blind investment and expansion, not only inventory severe limit cash flow, also caused a series of chain reaction, so predators of the wind power industry, the recent troubles constantly.

    The wind power industry is in a period of structural adjustment, hindered the development of the industry, a serious deterioration of the overall environment, the sharp drop the Sinovel Affected profitability. Reason for downtime, production and operation difficulties explanation given Sinovel is not full of excuses.

    Sinovel third quarter results for the year to September 2012, its net operating cash flow of -4.3 million, the net cash flow generated by investing activities -9 billion, net cash flow generated by financing activities $ -33 billion, the financing only raised $ 5.7 billion, to reach $ 3.1 billion in cash to repay debt incurred. The same time, it is worth noting that,grid tie inverter  as of September 30, the amount of inventories reach 85 billion.