JinkoSolar: The company and its subsidiaries controlled by creditors have applied for reorganization.
Richtek Opto-Electronics announced that on February 4, 2026, the company and its holding subsidiary, Changzhou Richtek Opto-Electronics Technology Co., Ltd., received a "Receipt of Delivery" from the Changzhou Intermediate People's Court of Jiangsu Province. Creditors Jiangsu Jieyang Energy Equipment Co., Ltd. and Changzhou Kaino Aluminum Co., Ltd. respectively applied to the Changzhou Intermediate People's Court for reorganization of the company and Changzhou Richtek on the grounds that the company is unable to repay its debts when due and clearly lacks the ability to repay, but has reorganization value. They also applied for pre-reorganization registration before the reorganization is accepted. The company has not yet received the court's acceptance documents for the creditors' application for reorganization of the company and its subsidiaries, and there is uncertainty as to whether the creditors' reorganization application will be accepted by the court, as well as the specific timing.
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