Former global photovoltaic leader Wuxi Shangde files for bankruptcy reorganization again.

After 12 years, Wuxi Shangde is once again facing bankruptcy. According to reports, on June 16th, the National Enterprise Bankruptcy Reorganization Case Information Network published a notice for the pre-reorganization debt claim of Wuxi Shangde Solar Power Co., Ltd. The notice shows that on May 26, 2025, the People's Court of Xingwu District of Wuxi City issued Decision No. Su0214 Boshen 37, deciding to carry out pre-reorganization of Wuxi Shangde.