# bankruptcy risk

Former A‑Share Solar Champion Faces Delisting Risk as Creditors Push for Pre‑restructuring

Yijing Photovoltaic, a once‑prominent A‑share solar module maker, has been hit by creditor applications for pre‑restructuring, prompting an immediate delisting warning under exchange rules. The company is burdened by heavy losses, mounting litigation and a local government effort to reclaim 140 million yuan tied to a stalled project, raising real prospects of restructuring or bankruptcy.