In 2006, Shi Zhengrong breath Asia Silicon (Qinghai) Co., Ltd. (hereinafter referred to as "Asia's Silicon")

Glory Silicon Technology Investments (Hong Kong) Company (hereinafter referred to as the "the brilliant Science and Technology (14.14, -0.01, -0.07%) "), registered in the British Virgin Islands. The two companies are media has burst and there are a large number of unusual related party transactions between Suntech, Shi Zhengrong alleged transfer of benefits.

Seven years after the establishment of the two companies, Shi Zhengrong through interest-free loan of RMB guarantees，power inverter cash advances, and the procurement of goods and many other Asia Silicon and brilliant technology Suntech earned pours.

Since the establishment of the Asia Silicon Suntech at least $ 1.5 billion contract to pay unconditionally Asia Silicon hundred million dollars in prepayments, and in July 2011, Suntech with the signing of a new polysilicon purchase contracts, that is, from the in the nine years from 2012 to Asia Silicon to purchase 63,300 tons of polysilicon.

After the establishment of the brilliant technology, Suntech not only the $ 63.7 million of raw materials purchased from the brilliant technology also the two silicon signed the purchase contract,power inverter contract price of close to 300 million U.S. dollars.

According to the estimates that the amount of related party transactions between Suntech and the two companies turned in more than $ 2.2 billion.

Xi'an Longji Zhengrong Shi figure, the company was listed on the Shanghai Stock Exchange in April 2012, November, power converter  in Lungi shares (8.23, -0.02, -0.24%) (601,012) initial public offering prospectus, Suntech become shareholders of the company in May 2008, holds 4.98% of the shares,grid tie inverter currently holds 4.4% of the pre-release of the company's shares, and Suntech and its affiliates Luoyang Suntech Shanghai Suntech actual control Zhengrong Shi was also The directors of the company.

It can not be ignored, the prospectus Xianlongji, Suntech and its related parties (including Luoyang Suntech Suntech) during the reporting period are the company's first customer. During the reporting period,power converter the proportion of total operating income in the Company's sales to of Suntech its related parties (labor) income of 67.61%, 27.37% and 42.32%, respectively. Said customer, will be the company's sales performance and financial condition could be adversely affected if the operating conditions of a problem and to reduce or cancel orders.

Obviously Xi'an Lungi, such as Asia Silicon and brilliant technology, become adsorbed on the top of the Suntech another "parasites".

Interestingly, I do not know what the reason, June 20, 2010, Shi resigned Xi'an Longji directorships, and the company's actual control artificially Li Zhenguo and JIANGXI YOUTH couple. As for the end what relationship exists between the named Li couples with power inverter,power converter so far unknown.

In addition, Shi also back home founded Rongde new energy technology companies and other companies.

Insiders who declined to be named, told reporters that: "at stake in Suntech, Shi had refused to do unlimited guarantee to the introduction of the proposed CDB inject the Wuxi municipal government Zhengrong Shi All personal assets, grid tie inverter it is clear, Wuxi Suntech Zhengrong Shi,power inverter use value has been little Suntech bankruptcy, to Shi Zhengrong just belonging and corporate assets owned by individuals into the "shell" of the Suntech, another made a "Suntech".