A 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