Our Rise Era

Chapter 220 Rise at this moment!

history……

Always strikingly similar.

The global financial crisis three years ago...

[Suzhou Deschamps] almost collapsed, but finally relied on the [Golden Sun] plan and Zhang Yang's final help to attract investment from coal boss Chen Tiangui, and finally survived.

Three years later, the European debt crisis almost destroyed all Chinese photovoltaic companies in Europe...

[Suzhou Deschamps] is on the verge of death again...

But this time...

"Mr. Zhang, we can sell all the shares to you! It's no problem if I don't want any of them!"

"I will sell you all the technologies that you like! Although we [Suzhou Deschamps] are in trouble now, the accumulation of these years is far beyond the reach of some small companies. We also have our own research institute, and some of the research has been completed halfway..."

"Chairman and Chairman of the [China Photovoltaic Industry Alliance], I can step down at any time..."

"As long as we [Suzhou Deschamps] survive!"

"..."

8 month 15 day.

evening.

Zhou Xinsheng called Zhang Yang again.

This time, he revealed his trump card without reservation, hoping that at this critical moment, Zhang Yang would lend a helping hand like before.

And in this situation, only Zhang Yang can lend a helping hand.

However, on the other end of the phone, Zhang Yang's reaction became increasingly cold, and no emotion could be heard.

finally……

"Mr. Zhou, when your company [Suzhou Deschamps] was regaining vitality and generating revenue overseas again, and you joined forces with other photovoltaic companies to isolate me, have you ever considered our current situation?" Zhang Yang suddenly asked.

"Mr. Zhang, I know I made some mistakes before, but now, I hope we can put aside the previous grudges. Now it is not a problem of individual companies, but a problem of the entire industry... I am not standing on the side of a single company, I am standing on the side of China's photovoltaic industry. I hope, no, I beg you, I ask you, I can even kneel down for you, I hope you can lend a helping hand to China's photovoltaic industry... If our old photovoltaic companies fall, will other photovoltaic companies in China... still be able to fight?"

"Old photovoltaic companies may die, but China's photovoltaic companies will not die! Now, they are alive and well and healthy..."

"But……"

"Don't worry, I will make arrangements for those who are unemployed..."

"..."

Zhang Yang interrupted Zhou Xinsheng before he finished speaking and hung up the phone.

After hanging up the phone, Zhou Xinsheng stared at the phone blankly.

................................................

January.

For Chinese photovoltaic companies that were booming in the European and American markets in the first half of the year, this was like a fatal blow that pierced the heart of the industry.

There are no subsidies, no market, and no way out for the Chinese photovoltaic market, and the United States is wielding the big stick of sanctions...

All of this was like adding insult to injury, pushing these more than 30 companies to the brink of collapse.

In August, in response to the sudden deteriorating market conditions in Europe and the United States, China's Ministry of Commerce naturally stepped in to coordinate, traveled to Europe and the United States several times, and also invited the European and American Ministries of Commerce to come to China for negotiations.

Unfortunately, the result of the negotiation was not ideal. The US side firmly ruled that China was dumping and issued a sky-high fine to Chinese photovoltaic companies headed by Suzhou Deshang. If the fine is not enforced, the assets of Suzhou Deshang and other companies in the US will be confiscated and all industries of Suzhou Deshang and other companies in the US will be returned to domestic companies...

At the end of August…

After the US officially ruled...

The European and American solar energy companies that were swept up by the [European debt crisis] also filed a lawsuit against the European Union, claiming that [Huaxia Photovoltaic Company] was an indirect promoter of this [European debt crisis]...

Subsequently, the European Union followed the United States and conducted a series of anti-dumping investigations on more than 30 Chinese companies. Although the results have not yet come out, business during the investigation period came to a standstill.

Whether it is the European and American capital markets or the Chinese capital market, interest in [photovoltaic companies] has dropped to freezing point.

After the first round of investment, there was no second round of investment...

All banking systems also evaluated the photovoltaic industry at the first opportunity, and ultimately rated domestic or overseas photovoltaic companies as dangerous, terminated loans, and urged them to repay.

Amid internal and external troubles...

China's photovoltaic companies were left with nowhere to go, and finally turned to a plan that Zhang Yang had once mentioned to them but which they had scoffed at.

【Western Plan】

9 month 1 day.

“We want to join the [Western Plan], yes, we want to join the [Western Plan]!”

"Yes, we are responding to the country's call and intend to transfer industries to the west. We will provide manpower, technology, and services..."

"..."

"Leader, we [Yanghe New Energy] hope to join our plan. We can provide factory space and raw materials..."

"..."

The phones at the Ministry of Commerce rang one after another.

The meager subsidies of the past have now become the lifeline that these people are desperate to grasp.

It’s just like three years ago when they had nowhere else to go!
……

When I get these calls...

The Ministry of Commerce’s response to these people is very simple: as long as they pass the evaluation of the [Huaxia Photovoltaic Regulatory System], they can join the [Western Plan].

We will continue to encourage and support any business that joins the program.

....................................

"Sorry, your review failed. Your company has a complicated overseas asset structure..."

"Why didn't it pass? The asset structure is complicated, even though there is investment from Europe and the United States? Now they are withdrawing their investment!"

"Sorry, according to the regulations, you need to reorganize the company and make the internal equity clear. In addition, the debt cannot exceed 300% of the company's valuation... You don't meet any of our requirements!"

"Are you crazy? Damn it! When we first joined the Golden Sun program, there were no such requirements. Why are there such requirements now?"

"I'm sorry, Mr. Liu. Over the years, there have been too many market chaos and subsidy frauds due to the [Golden Sun Plan], so we established this [Huaxia Photovoltaic Supervision System]!"

"Damn it! Why is Zhang Yang in this regulatory system? Is Zhang Yang holding us back?" "Sorry, we handle everything in a fair and just manner when it comes to the regulatory system. You don't meet our requirements..."

"If I register a new company, it will meet the requirements, right? It should be okay for me to get some support from the new company, right?"

"The theory is correct, but we need to evaluate personal assets..."

"..."

【Yanghe New Energy】.

Liu Yang was a little emotionally broken and even yelled into the phone.

But the response on the phone was always very calm, without any emotion, just stating the terms and facts over and over again.

After hanging up the phone...

Liu Yang stared at the document [Huaxia Photovoltaic Regulatory System] and each of the clauses on it.

He needs money, support, and a helping hand from the country. As long as the company doesn't go bankrupt, he can do it...

but……

At this moment, [Yanghe New Energy] is facing internal and external troubles, and it is not in compliance with any of the terms.

If we had not accepted investment from Europe and America...

If I had listened to Zhang Yang and left myself a way out...

in case……

A trace of regret lingered in his heart.

But, one wrong step will lead to all wrong steps!

Now, it's completely beyond repair!

……

[Yanghe New Energy] is not the first company that fails the audit.

Or……

Times have changed.

The era when you could join the subsidy program with just a few photovoltaic panels, a photovoltaic company's registration report, and a few slogans is gone forever!
The subsidy review this time is particularly strict!

Almost a year ago, none of the Chinese photovoltaic companies that went overseas to make money and were eager to go public were able to pass the review.

some of……

Including former photovoltaic giants such as Suzhou Deshang and Yingli.

Either the ratio of assets to liabilities far exceeds the requirements for support!

Or the equity is complicated...

Or there is suspicion of subsidy fraud and it will not pass the first stage of review.

……

The rise of an industry can be sudden.

Just like fireworks, it instantly lights up the dark night sky, flashing brilliant light.

But the industry is also declining quickly...

After the fireworks bloomed, there was a lot of ashes on the ground!

9 month 12 day.

The former photovoltaic giant [Suzhou Deshang] was desperate and finally announced bankruptcy and reorganization again, just like in 08...

However, this time when the team went bankrupt, there was no gambler like Zhang Yang or a coal boss like Chen Tiangui who followed the trend to help Suzhou Deschamps.

After several days of bankruptcy reorganization, it was finally announced that the reorganization had failed and the company officially went bankrupt!

9 month 14 day.

[Yanghe New Energy] was sealed off by the court due to debt problems.

The next day, on September 9, news broke that Yingli was suspected of defaulting on its debts and officially collapsed...

……

October!

As more and more photovoltaic industries declare bankruptcy...

Except for Zhenjiang Technology and Songxiang Photovoltaic, the first generation of Chinese photovoltaic enterprises that experienced the glorious listing in 05 and the financial crisis in 08 were almost wiped out...

More than hundreds of thousands of photovoltaic practitioners...

In just a few months, I lost my job.

Everything is just like the wave of photovoltaic bankruptcies a few years ago.

but……

the difference is……

That atmosphere of despair and doom did not last long.

....................................

"Our [Xiaomi Photovoltaic Power Station] is officially in trial operation!"

10 month 2 day.

A day of universal celebration!
Amidst applause and a smile, Zhang Yang walked up to the stage step by step and cut the ribbon in the sea of ​​photovoltaic panels and under the gazes of countless people.

At the end of the event...

The moment when countless reporters surrounded Zhang Yang.

Zhang Yang smiled, and then calmly said something earth-shattering.

"I'll be in charge of everyone's work!"

"I can handle a hundred thousand or even a million people!"

"..."

(End of this chapter)