PVTIME – Ning Xia Yin Xing Energy Co., Ltd. (Yin Xing Energy, 000862.SZ), a China-based renewable energy generation and equipment manufacturing company, has announced that its PV equipment manufacturing subsidiary has recently entered bankruptcy.
The reason for the bankruptcy has not been disclosed, but Yin Xing Energy claims that the closure of its PV equipment business will not affect its production or operations, in particular its profit this year.
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