亏损泥潭难自拔，实控人6年终退场，亿晶光电陷“无主”状态

Core Viewpoint - The exit of Weizhi Energy marks a significant turning point for Yijing Photovoltaic, transitioning the company into a "no owner" status after a judicial transfer of shares, leading to a change in actual control [1][10]. Group 1: Share Transfer and Control Change - Weizhi Energy's shares, approximately 150 million, were publicly auctioned by the Futian Court, resulting in a reduction of its holdings from 12.67% to 8.45% [1][2]. - The shares were divided into three batches, each sold to different buyers at prices around 3.05 to 3.08 yuan per share, totaling approximately 1.5 million yuan for each batch [2][3]. - The auction and subsequent transfer of shares signify a forced exit for Weizhi Energy due to financial pressures from its associated real estate company [4]. Group 2: Financial Performance and Challenges - Yijing Photovoltaic experienced significant financial struggles, with a debt ratio nearing 95% and a history of substantial losses since 2012, exacerbated by industry downturns and operational challenges [4][11]. - In 2022, the company reported a revenue of 9.876 billion yuan and a net profit of approximately 127 million yuan, but faced a sharp decline in 2023, with revenue and net profit both decreasing [5][7]. - Projections for 2024 indicate a revenue drop of 57.07% and a loss of approximately 2.09 billion yuan, with no profitable quarters anticipated [6][7]. Group 3: Governance and Future Outlook - The absence of a controlling shareholder raises governance concerns, as decision-making will rely on board collaboration, which could lead to inefficiencies [8][10]. - The company is under scrutiny from the Shanghai Stock Exchange regarding the potential risks associated with having no actual controller and the implications for corporate governance [9][10]. - Despite the challenges, the removal of Weizhi Energy may provide Yijing Photovoltaic an opportunity to shed historical burdens and potentially improve its operational strategies moving forward [8][12].