The company says employees will not be affected by the restructure.
Image: Yingli
Heavily indebted Yingli Solar has confirmed parts of its main Chinese solar panel making division are set to be parceled off to creditors after a court in Hebei province accepted a petition to restructure the business.
A filing made by the OTC Markets Group-listed company to the U.S. Securities and Exchange Commission (SEC) yesterday revealed the Baoding Municipal Intermediate Peoples Co…
Read the full article at: https://www.pv-magazine.com/2020/06/10/court-appoints-administrators-to-oversee-yingli-restructure/