Defendant 15 times! This old photovoltaic company can't hold up.

On March 19, Yijing Optoelectronics issued a notice on cumulative litigation and arbitration.

The data show that as of the disclosure date of the announcement, there are 16 lawsuits and arbitration cases that have not been disclosed by the company and its subsidiaries within the scope of the consolidated statements for 12 consecutive months. Among them, the company was the plaintiff in one case, and the amount involved was 20 thousand yuan; As the defendant, there are 15 cases, and the total amount of litigation and arbitration is about 8251.

It should be noted that in the above cases, the amount of disputes over sales contracts between Pioneer Intelligence and the company is the highest, reaching 6145. The case is still at the trial stage.

As the former "first share of photovoltaic modules ", Yijing Optoelectronics was founded in 2003 with registered capital of about 21.

Official website shows that the company's main business is the research and development, production and sales of high-efficiency crystalline silicon solar cells and modules. It has a total annual production capacity of more than 25 GW solar cell and module products.

However, behind the halo, the company's performance has been declining all the way. Data show that since 2019, Yijing Optoelectronics has accumulated a deficit of 15 for three consecutive years . By 2022, although Yijing Optoelectronics has achieved a short-term turnaround, it has only made a profit of about 1 in the next two years .

By 2024, the photovoltaic industry has entered a downward cycle, and Yijing Optoelectronics has suffered heavy losses. Huge losses 20.

. In December

2025, the project of 10g W photovoltaic cells , 10g W slices and 10g W components in Quanjiao County, Chuzhou, Anhui Province has not been put into production for a long time as agreed. Yijing Optoelectronics was pursued by the local Economic Development Zone Management Committee for 1. ( that in February 2026, Yijing Optoelectronics announced that. It has publicly recruited investors for pre-reorganization, and has appointed Jiangsu Century Tongren Law Firm as the guide for pre-reorganization.

In terms of the qualification of intentional investors, Yijing Optoelectronics requires it to have a one-time investment capital strength of more than 500 million yuan, and to be able to issue corresponding asset certificates or other performance certificates.