Tuo Ri Energy staged a family drama, the company responds: Investors and employees want a quick resolution.
From the first pure solar energy company to a family court battle, the well-established photovoltaic company Tuorixineng is currently embroiled in its most complex power struggle since its establishment. Since the end of April, conflicts between the company's founders, couple Chen Wuikui and Li Fenli, and their children, Chen Chen and Chen Jiahao, have escalated. From public "tearing apart" of the board of directors, proposing the dismissal of directors, to finally resorting to legal means to fight for control of the holding platform's equity, this family dispute revolving around the actual control rights of the listed company has once again brought the enterprise, which once saw a surge in stock price due to the "space photovoltaic concept", into the spotlight of the market. On the morning of May 27th, a Tuorixineng securities department staff member told a journalist from Beike Finance that the company's production and operation are currently normal, and any progress on the founder family dispute will be announced by the company. "Investors and internal employees of the company all hope for a quick resolution," the staff member said.
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