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

Core Viewpoint - The photovoltaic industry has not yet recovered, and Yijing Optoelectronics is facing significant challenges due to a stalled investment project and ongoing financial losses [1][4]. Group 1: Investment and Project Status - Yijing Optoelectronics announced a high-profile investment of 10.3 billion yuan in a photovoltaic project in Chuzhou, Anhui, which was planned to be developed in three phases, with the first phase costing 5 billion yuan [1][5]. - Due to market changes, only the first phase was completed, and the project has since faced production halts starting in October 2024 [1][6]. - The Chuzhou Economic Development Zone has issued a hearing notice to Yijing Optoelectronics, seeking to terminate the investment agreement and recover 140 million yuan due to the company's failure to meet 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%, and 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, with 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 severe financial pressure, with total liabilities significantly exceeding available cash [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 complicate the company's recovery efforts [10].