ChangzhouA delisting-risk solar maker rose 61.42% in 5 sessions.
China’s Zhongrun Solar, a top-5 cell shipper, offers 719 million yuan for control.
Yijing lost 204 million yuan in 9 months and faces about 1.78 billion yuan in local-government claims.
Exchange disclosures show the same brokerage desks have traded it repeatedly since April, including on 9 November.
Zhongrun takes control only after the restructuring completes, and its shares stay locked for 60 months.
How each outlet framed it
- TMTPost leans critical
- traces *ST Yijing's rally to a restructuring investor (Zhongrun Guangneng) and details the company's C¥1.77bn government liability from the Chuzhou project
Sources: TMTPost