On January 15, the Hebei Xingtai Intermediate People's Court announced that it had accepted the bankruptcy liquidation case of Xingtai Tengyong Photovoltaic Equipment Sales Co., Ltd. applied by He Zengxiang on December 31, 2025. On January 9, 2026, Hebei Huixin Bankruptcy Liquidation Service Co., Ltd. was appointed as the administrator of the company.
According to the announcement, the creditors of Xingtai Tengyong Photovoltaic Equipment Sales Co., Ltd. should declare their claims to the administrator of Xingtai Tengyong Photovoltaic Equipment Sales Co., Ltd. before March 17 , 2026. According to
the data, Xingtai Tengyong Photovoltaic Equipment Sales Co., Ltd. was established in March 2015, and its legal representative is Matthew Fang. The company focuses on the installation services of solar photovoltaic equipment and air energy equipment.
It should be noted that in January 2025, He Zengxiang applied to the People's Court of Pingxiang County, Xingtai City, Hebei Province for filing a case against Tengyong Photovoltaic Equipment Sales Co., Ltd. for disputes over sales contracts. In July
2025, Tengyong Photovoltaic Equipment Sales Co., Ltd. of Xingtai City failed to fulfill the payment obligations specified in the effective legal documents within the period specified in the notice of execution. The court finally ruled that it should be listed as a discredited executor , while restricting the company's legal representative Matthew Fang's high consumption , involving a total amount of 4030 yuan .
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