ZN Shine out of EU-China price undertaking, severs ties with Europe subsidiary

Facebook
Twitter
LinkedIn
Reddit
Email

Module manufacturer ZN Shine has been formally removed from the minimum import price (MIP) undertaking agreed between China and the EU.

A document published by the European Commission confirms that the company was under investigation for transhipping modules via a third country, thought to be Japan but not named, in order to avoid trade duties and the limitations of the MIP. There were also question marks about some of the company's record keeping.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Claims by ZN Shine that discrepancies in the dates of export and import documentation were the result of a clerical error by inexperienced staff were dismissed but the commission.

ZN Shine becomes the fourth company to be removed from the MIP after Canadian Solar, ET Solar and ReneSola.

Meanwhile, Yingchun Wang, the general manager of the ZN Shine parent company in China, sold his shares in ZN Shine Europe on 29 July. The European company changed its name to Grand Solar GmbH earlier this year.

On 18 August, all the shares, included those held by its former European boss Qingke Xiang, were sold to a German national.

There is now no ownership link between Grand Solar, its former management or the parent company, ZN Shine PV-Tech Co. Ltd, which is now removed from the undertaking.

The document published by the commission also confirms that the findings against ZN Shine do not necessitate a closure of the MIP.

An “interested party”, most likely Solarworld or EU ProSun, called for retroactive measures to be taken against ZN Shine, including payment of all the duities relating to sales made under the MIP, stating that customs losses across all four removed companies were running into millions of euros. However, the commission said the third party failed to provide sufficient evidence of this retroactive measures were ruled unnecessary.

Reviews

EU ProSun, the original complainant in the EU-China trade case, has until 7 September to request an expiry review. This would trigger a mandatory investigation period if accepted by the commission, which has until December this year to make a decision.

It is widely assumed that the MIP would continue during this period extending restrictions on Chinese imports into Europe well beyond their 7 December expiry.

Reviews into how the MIP is calculated and the possibility of extending limitations to Malaysia and Taiwan are already under way.

Read Next

September 30, 2025
Chinese solar firm SoleFiori (Hongjun New Energy) has signed an agreement with the Saudi Arabian government to build a 6GW heterojunction technology (HJT) module production facility in the country.
September 30, 2025
SynergyRED, a wholly owned subsidiary of Synergy, has submitted a development application for a 2GW hybrid renewable energy project in Western Australia's Mid-West Region.
September 29, 2025
German renewables developer ABO Energy is looking to begin owning and operating its energy projects in a transition from a “pure play” developer to an independent power producer (IPP) model.
September 29, 2025
Burns & McDonnell examines the outlook of the utility-scale solar sector amidst the latest policy and tariff changes.
September 29, 2025
US solar installer SunPower has taken the next step in its rehabilitation with the acquisition of residential installer Sunder.
September 29, 2025
Indian solar manufacturer Waaree has said it does not expect to pay additional duties on its solar cell imports to the US, following the start of an antidumping and countervailing duty (AD/CVD) investigation by the US Customs and Border Patrol (CBP).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA