[Energy people are watching, click on the upper right corner to add 'Follow'] Recently, the worst people in 2019 have become popular. This year is really not the worst, only even worse. Looking at the energy circle, the year when it fell from the altar in 2019, the worst people m

[Energy people are watching, click on the upper right corner to add 'Follow']

Recently, the worst people in 2019 have become popular. This year is really not the worst, only even worse. Looking at the energy circle, in 2019, the worst people must be the former chairman of Hanergy's board of directors Li Hejun . Li Hejun, who has experienced strong winds and waves, was the worst in 2019. He is still optimistic and can be described as a big heart.

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Wage arrears incident broke out

In early October, Hanergy Holdings Group, a thin film photovoltaic company under Li Hejun, was reported to have arrears of wages. Hundreds of resigned and in-service employees gathered at Hanergy headquarters to protect their rights and seek wages. Most of the rights protection employees have been owed wages for up to 5 months, and the provident fund and social security have also been cut off. The wage arrears have spread to the entire Hanergy Group, and there are also employees who have come from other places on site. Haner Group currently has about 7,500 employees, most of which are involved.

When the wage arrears were intensifying, Li Hejun personally posted it and published a rare letter from Hanergy Li Hejun to all employees. officially apologized for the "slow salary and social security payment", admitting that Hanergy encountered some problems in funding and took the initiative to assume responsibility. In the letter, Li Hejun clearly stated that he would not "run away". No matter how difficult it is, he will continue to do a firm job of thin film power generation , which is accumulating virtue for his descendants, and even sacrifice his life!

Li Hejun's open letter moved most of the onlookers, and praised the courage to take responsibility and the indomitable entrepreneurial spirit. Some people also questioned Li Hejun's letter, believes that he is avoiding the important and changing the concept of . No matter how touching the words and sentences are, they cannot conceal the fact that "wage arrears".

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0 China's richest man

Haneng Group was once the largest and most professional clean energy power generation company among all private enterprises in China, and is also a global clean energy multinational company. In 2009, Hanergy invested more than US$10 billion and officially entered the thin-film solar industry. It entered the Hong Kong stock market in 2011 and was renamed " Hanergy Thin Film Power Generation " three years later.

Haner's market value in Hong Kong stocks was once as high as 300 billion yuan. Its founder Li Hejun even ranked first among the richest people in China with a net worth of 160 billion yuan in 2015, and is a veritable Chinese energy tycoon.

Thin film power generation industry was once the country's five strategic emerging industries, and the rapid development of Hanergy is closely related to it. In May 2014, Hanergy's stock price was less than HK$2. In August of the same year, Hanergy was renamed "Hanergy Thin Film Power Generation", which attracted great attention in the capital market. In 2015, Hanergy's stock price soared to HK$9.07, an overall increase of nearly 5 times compared with a year ago, with a market value of up to HK$300 billion.

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The Fall of China's Richest Man

On May 20, 2015, Hanergy encountered a short selling campaign in the Hong Kong stock market. Because it was suspected of having a large number of related transactions and was suspected of operating the stock price, the Hong Kong Securities Regulatory Commission investigated it. At the same time, in just 20 minutes, Hanergy's stock price faced a wash-out decline, with a drop of nearly 47%. The company's market value instantly evaporated by HK$144 billion, and Hanergy was subsequently suspended trading.

"Thrilling 520" is undoubtedly a heavy blow to Hanergy, but the real "catastrophe" has just begun.

On July 15, 2015, the Hong Kong Securities Regulatory Commission ordered the suspension of Hanergy Thin Film Power Generation share trading and no reviews were allowed. Hanergy then began a four-year suspension. In addition, according to Hanergy's annual report, the company lost HK$12.2 billion in 2015, nearly twice the total profits in the previous four years.

When it comes to Li Hejun, it is very appropriate to use the word "fall". His emergence and his fall, like a meteor, crossing the starry sky of Chinese entrepreneurs. In just three years, Li Hejun has become the "deadbeat" that people now call now, from the glorious richest man in China.

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"Making a car" in desperate situation

Helpless Li Hejun can only try hard. During the suspension period, Hanergy continued to seek adjustments and transformation. But the consequence is that not only related transactions always exist, Hanergy's performance also plummeted until 2018. Not only did contract revenue increase by 2.46 times; annual profit also increased by 18.89 times.In contrast, Hanergy thin film cash and cash equivalents decreased by 85.62%, leaving only HK$360 million.

In the past few years, Li Hejun of has indeed boldly planned a new path for Hanergy, which is one thing that is a bit bad in the Chinese business world - making cars. In July 2016, at the "Mobile Energy Strategy and Full Solar Cars Launch Conference", Hanergy released 4 solar cars in one go. At the press conference, Li Hejun said excitedly: "The most difficult time for Hanergy has passed, and it will only get better and better day by day in the future."

thin film battery leading companies to make new energy vehicles, which sounds like a good idea. Ideally, if you install enough thin film batteries, the car can charge while driving, and as long as there is a sun, the car can drive forward forever. When the Han energy is bigger, the haze will be smaller; when the Han energy is bigger, the exhaust gas will be less; how beautiful!

Looking back now, after three years of , Hanergy New Energy Vehicles are still a flashy PPTh, and Gao Weimin, CEO of Hanergy Solar Automobile Division, and a veteran in the automotive industry technology industry, has also resigned. Perhaps within Hanergy, the matter of car manufacturing has become a "history" that needs to be wiped out.

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0 The house is leaking and raining all night

On the one hand, the resumption of trading is far away, and on the other hand, the losses have increased significantly. Hanergy is struggling to move forward in the face of old and new debts.

In recent years, Hanergy has weighed heavily on the photovoltaic industry and has widely deployed the "Mobile Energy Industrial Park" project in the country. As the saying goes: The house is leaking and raining all night. While high investment cannot wait for high returns, the photovoltaic industry has also brought considerable problems to Hanergy.

On May 31, 2018, the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration of issued the "Notice on Matters Related to Photovoltaic Power Generation in 2018". The notice pointed out that based on the actual development of the industry, the scale of construction of ordinary photovoltaic power stations in 2018 will not be arranged yet. Before the state issues a document to start the construction of ordinary power stations, localities shall not arrange the construction of ordinary power stations that require state subsidies in any form. The suspension of photovoltaic subsidies in

further deepened Hanergy's financial dilemma. In order to alleviate the crisis in the capital chain, Hanergy has made many attempts. For example, in 2018, Hanergy tried to raise funds from employees.

In October 2018, Hanergy Mobile Energy Holding Group Co., Ltd. issued an announcement stating that it had decided to issue a privatization offer to all investors holding Hanergy Thin Film Power Generation Group Co., Ltd. (0566.HK, "Hanergy Thin Film"), and then intends to list on the domestic A-share market in China. At the privatization "return to A" thank-you meeting on June 12 this year, after giving routine thanks to Hanergy shareholders, partners and employees' families, Li Hejun said that the hardships of Hanergy for completing the privatization have ended, "The next 30 years will be the best 30 years for Hanergy."

In mid-August this year, Jin'anqiao Hydropower Station, one of Hanergy's best assets, was forcibly auctioned 51% of its shares by the court. Previously, the hydropower station could provide Hanergy with billions of cash income every year.

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2019 The worst person in 2019

2019 is an extraordinary year for entrepreneurs. There are many worst people, and Li Hejun is one of them. He should have been guarding the Jin'anqiao Hydropower Station with a billion in cash flow every year, and living a stable life, but he insisted on making trouble. Li Hejun, who is unnatural, bet on thin film power generation. While crystalline silicon modules are currently dominant, he still expands production capacity, seeks scale advantages, and takes the lead in developing the household photovoltaic market.

When the stock was suspended, Li Hejun of still refused to surrender and released a number of "disruptive" products, including Hantou, Han wall, solar cars, etc., hoping to change the world. Li Hejun once said at his press conference that many people laughed at him as stupid as he was just firm in his beliefs.

Unfortunately, he saw the worst Li Hejun in 2019. Hanergy, which is both internal and external troubles, and there are still many problems to be solved. We believe in Li Hejun's courage and belief, and hope that he can regroup and create a legend again.

Original title: Li Hejun, the worst person in 2019

Disclaimer: The above content is reprinted from photovoltaic policy, and the content posted does not represent the position of this platform.National Energy Information Platform Contact Number: 010-65367817, Email: [email protected], Address: People's Daily, No. 2, Jintai West Road, Chaoyang District, Beijing