What happened when Jiangxi Peng Xiaofeng was arrested? Once worth 40 billion, it is now heavily in debt.

At the age of 32, he boarded the rich list with 40 billion yuan and became the "youngest rich man". Young people are naked, horses are naked, and they are proud of the world. Now in the second autumn, success or failure lies in photovoltaic. Wealth dreams of photovoltaic, the photovoltaic industry has created many rich people, brought countless wealth and glory, and made more entrepreneurs become tragic heroes.

Recently, the Suzhou Industrial Park Procuratorate announced that Jiangsu Lvnengbao Financial Leasing Co., Ltd. (a wholly-owned subsidiary of SPI), Xia Houmin, Liu Jing and Lin He filed a public prosecution with the Suzhou Industrial Park People's Court for the crime of illegally absorbing public deposits.

In China, it was found that the cases involving Jiangxi Saiwei and Peng Xiaofeng were (20 15) Hezhizi No.00130 and (20 17) Ganzhizi No.34, which were not fulfilled in the column of performance by the executed person, among which (20 15) Hezhizi.

1, aged 32, became "the youngest richest man in China" and the richest man in new energy in China, with personal assets as high as 40 billion.

In 2007, 32-year-old Peng Xiaofeng ranked sixth on Forbes China Rich List, with a net worth of 28.66 billion. At this time, Peng Xiaofeng's personal assets reached 40 billion, making him the richest man in new energy in China. 1990, when Peng Xiaofeng was admitted to Jiangxi Foreign Trade School with the first place in the county, he got full marks in mathematics. Although he won the first place in the senior high school entrance examination, he had to go to technical secondary school, and he accidentally achieved 10 billion from 0, so he became a businessman. Since then, 500 million has entered the photovoltaic industry in 30 years, and its market value has soared by 40 billion. He is the founder of Saiwei, Peng Xiaofeng.

Peng Xiaofeng, male, born in 1975, from Anfu, Jiangxi, graduated from Jiangxi Vocational College of Foreign Studies. 1997, 22-year-old Peng Xiaofeng started a business in Suzhou with 20,000 yuan and established Suzhou Liu Xin Industrial Co., Ltd., leading Suzhou Liu Xin Industry to become one of the largest manufacturers of safety protection products in Asia. In July 2005, Peng Xiaofeng founded Jiangxi Saiwei Solar Company, and in 2007, he led Saiwei to go public in the United States, which became the largest IPO completed by China enterprises in the United States at that time. At that time, Peng Xiaofeng, who was only 32 years old, became the youngest richest man in the rich list in China, the richest man in the new energy field in China and the richest man in Jiangxi.

2. Together: Peng Xiaofeng led LDK to the NYSE, creating the largest IPO record of China enterprises in the United States at that time.

In 2003, when Peng Xiaofeng was on a business trip in Europe, he found that people were talking about new energy sources, especially solar photovoltaic. The following year, the EU introduced subsidies for photovoltaic power generation, which directly led to the rise of photovoltaic industry in China, and the industry pioneers Suntech and Yingli achieved explosive growth. However, Peng Xiaofeng found that there were obvious defects in the photovoltaic industry in China at that time: most enterprises made photovoltaic cells instead of the upstream raw material polysilicon, and the raw materials were basically imported. Moreover, because the demand exceeds the supply, the price keeps rising, and foreigners make a lot of money.

Peng Xiaofeng decided that this was a golden opportunity. In July, Peng Xiaofeng formally established LDK solar high-tech company, which is the abbreviation of its English name "Light DK Peng", meaning "beyond the speed of light". Peng Xiaofeng did achieve a speed that his peers could not reach. He bought tens of millions of dollars of polysilicon wafer production equipment in one breath, and achieved the production capacity of 100 MW in just one year, and soon reached 200 MW, accounting for 80% of the national polysilicon market production capacity. At the same time, winning the top of Asia is a state of swallowing mountains and rivers.

Supported by huge production capacity and beautiful revenue, in June 2007, Peng Xiaofeng led LDK to land on NYSE, creating the largest IPO record of China enterprises in the United States at that time. On the day of listing, the market value exceeded 654.38+0.9 billion yuan, which soared in the following months, making Peng Xiaofeng, who held 72. 13%, once close to 40 billion yuan, becoming "the youngest billionaire in China". He was only 32 years old.

3. A fall: The total liabilities of LDK climbed to 27 billion, and finally went bankrupt and reorganized.

Since 20 1 1, Europe and the United States have launched anti-dumping and countervailing investigations against Chinese PV companies. Foreign markets have shrunk dramatically, and enterprises are suffering. The bigger the scale, the bigger the trouble. In 20 12, due to unsalable products and major investment mistakes of10 billion yuan, the total liabilities of LDK climbed to 27 billion yuan, and the company began to lay off employees, and suppliers who were in arrears came to collect debts.

In order to calm things down, Peng Xiaofeng was forced to resign, and the aftermath was taken over by the local authorities. Two years later, the local LDK could not solve the debt problem, so it had to operate LDK for bankruptcy and reorganization. Prior to this, Peng Xiaofeng had signed a joint settlement agreement with several creditors, and an American creditor sued Peng Xiaofeng for personal bankruptcy with the US Securities and Exchange Commission on 20 14.

4. Second: Peng Xiaofeng returned to public view with SPI Green Energy Treasure, and landed on NASDAQ on 20 16.

Peng Xiaofeng made a high-profile comeback, founded Green Energy Treasure, and invested heavily to invite young pianist Lang Lang as the image spokesperson. Two years after fading out of LDK, in 20 14, Peng Xiaofeng announced that he was in charge of SPI and launched the financial platform "Green Energy Treasure" which cost 500 million dollars. In 20 15, Peng Xiaofeng returned to the public with SPI jade. Peng Xiaofeng, who was good at dancing in the capital market at that time, also invited many business leaders to speak for Green Energy Bao. Lvnengbao has a "gorgeous" investor lineup, which is blessed by business leaders in various fields such as Giant Group Shi Yuzhu, Evergrande Group Xu Jiayin, Kerui Fund, United Finance, Motive Sports, Urban Real Estate King, and other central enterprises such as Xinxing Group and China Energy Conservation and Environmental Protection Group.

According to the data of official website, SPI Green Energy Bao successively acquired or strategically invested in cooperation with SolarJuice, ZBB, Shanghai Yaze Roofing, Convigit, German PV distributor Energiebau, Jiangshan Holdings, etc., and landed on NASDAQ on 20 16 and 19.

5. Rolle: Lvnengbao is suspected of self-absorption and illegal absorption of public deposits.

2065438+On July 26th, 2008, the Procuratorate of Suzhou Industrial Park released the latest progress in the case of Jiangsu Lvnengbao Financial Leasing Co., Ltd., Xia Houmin, Lin He, who were suspected of illegally absorbing public deposits, and filed a public prosecution with the People's Court of Suzhou Industrial Park.

According to official website Green Energy Network, financial leasing means that the lessor buys the leased property from the supplier according to the specific requirements of the lessee and the choice of the supplier, and rents it to the lessee for use. The lessee pays the rent to the lessor by installments. During the lease period, the ownership of the leased property belongs to the lessor, and the lessee has the right to use the leased property. In the green energy treasure mode, the investor assumes the role of lessor and entrusts the purchased green energy treasure products to the power station project party (or charging pile project party) for use, and the power station project party (or charging pile project party) pays the rent to the investor on a monthly basis (paid by green energy treasure). During the lease period, the property rights of Green Energy Bao products always belong to investors.

On April 20 17, Lvnengbao went into bankruptcy crisis. On April 17, its platform was unable to pay on time, and it was unable to pay 222 million yuan, involving 5746 investors. After the news was announced, investors were in an uproar. Although e-Lease went bankrupt before, many P2P bosses ran away, but investors still find it hard to believe that something will happen to Green Treasure.

Peng Xiaofeng has always told them that Green Energy Treasure is not P2P, but a kind of physical financing lease. They bought real solar panels instead of wealth management products. Because lighting and electricity prices are extremely stable, investment security is almost equal to national debt.

Since it is so safe, why is there a redemption crisis? The financial leasing service provider of You Mei No.39, one of the investment targets of Lvnengbao, is Jiangsu Lvnengbao Financial Leasing Co., Ltd., the investor is Jiangxi Fuzhou Meiourui Power Co., Ltd., and the lessee is Fuzhou Meiourui Power Co., Ltd., but after investigation, the provider, investor and lessee of You Mei No.39 are all the same enterprise.

In May last year, the "Announcement on the Overdue Status of Green Energy Treasure" issued by Green Energy Treasure showed that the total amount of accounts receivable owed by Green Energy Treasure currently exceeded 600 million yuan, most of which was the rent of power station projects. The total amount of overdue normal rent, normal leaseback expiration and overdue projects of the network platform lessee is 308 million yuan; The total amount of overdue project financing is 430 million yuan.