# Solar Supply Chain

Silicon Giant Cracked: Hoshine’s Three-Billion-Yuan Loss Signals a Reckoning in China’s Green Supply Chain

Chinese silicon leader Hoshine Silicon reported a massive 2.99 billion RMB loss for 2025 due to plummeting material prices and asset impairments. The company is currently navigating regulatory sanctions for disclosure violations and is divesting loss-making chip assets to insiders to manage its rising debt.