Hanergy financial controller resigns

Facebook
Twitter
LinkedIn
Reddit
Email

Li Guangim, the financial controller and an executive director of troubled Chinese manufacturer Hanergy Thin Film Power has resigned from the company.

Hanergy announced Li’s departure in a statement to the Hong Kong stock exchange, on which the company is currently suspended from trading following its share price collapse earlier in the year.

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

In its statement, Hanergy said Li’s resignation was due to his “personal career development” and that he had “no disagreement with the board and there are no matters relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong”.

Hanergy has brought in three new directors. Huang Songchun has been appointed financial controller and as an executive. Si Haijian and Zhang Bo have both also been appointed as executive directors of the company

Li’s departure caps a difficult year for Hanergy, in which it has gone from being largest biggest company by market capitalisation to ignominy.

Since its share price tumbled in the middle of the year, Hanergy’s woes have deepened. Shortly after trading of its shares was suspended, the Hong Kong Securities and Futures Commission revealed it was investigating the company. It has subsequently been forced to cancel a number of large contracts, and recent reports suggested it was being sued for unpaid rent and utility bills.

Read Next

September 9, 2025
Nautilus and Summit Ridge Energy secured major financing deals to expand community solar projects across multiple US states.
September 9, 2025
The US is forecast to reach between US$55-60 billion in clean energy tax credit monetisation in 2025, according to a report from clean energy financing technology platform Crux.
September 9, 2025
The average price of solar modules sold in Europe fell marginally between July and August, while buyers’ confidence remained steady.
September 9, 2025
The US Solar Energy Industries Association (SEIA) has released a policy blueprint which it claims would “strengthen the reliability of America’s electric grid with solar and storage technologies.”
September 9, 2025
US solar tracker manufacturer Nextracker has acquired Origami Solar, a steel frame technology-focused company, for approximately US$53 million. 
September 9, 2025
China has advanced in the integration of AI and new energy, covering areas such as power forecasting, electricity markets, and O&M.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
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