亿晶光电103亿项目停摆遭追索出资款 负债率95%涉23起诉讼寄望行业回暖

Core Viewpoint - The photovoltaic industry has not yet recovered, and Yijing Optoelectronics is facing significant challenges due to market conditions and legal issues [1][4]. Group 1: Investment and Project Status - Yijing Optoelectronics announced a substantial investment of 10.3 billion yuan for a photovoltaic project in Chuzhou, Anhui, which was planned to be developed in three phases [1][5]. - The first phase, involving an investment of 5 billion yuan, was completed, but subsequent phases have not progressed due to market downturns, leading to the project being halted [1][6]. - The company has received a notice from the Chuzhou Economic Development Zone, indicating plans to terminate the investment agreement and reclaim 140 million yuan due to non-fulfillment of contractual obligations [1][6]. Group 2: Financial Performance - In 2024, Yijing Optoelectronics reported a revenue of 3.478 billion yuan, a year-on-year decline of 57.07%, with a net loss of 2.09 billion yuan [9]. - For the first three quarters of 2025, the company achieved a revenue of 1.556 billion yuan, down 42.58% year-on-year, and a net loss of 214 million yuan, although this represented a 62.64% reduction in losses compared to the previous year [9]. - As of September 2025, the company's debt-to-asset ratio was 95.24%, indicating significant financial pressure [2][9]. Group 3: Legal Issues - Yijing Optoelectronics is currently involved in 23 legal cases, with a total amount in dispute of approximately 71.16 million yuan [3][10]. - Among these cases, 10 are in the trial phase, while 3 are still in the filing stage, indicating ongoing legal challenges that may further impact the company's financial stability [10].