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Baoding Municipal Intermediate People’s Court

Yingli warns shareholders they could be wiped out

The court responsible for appointing an administrator to restructure the debt-laden Chinese business has rolled all six units into one administration, according to an SEC filing made today.

Court appoints administrators to oversee Yingli restructure

The Chinese solar panel making division of the debt-saddled company appears likely to be broken up after admitting creditors will take controlling stakes in its business units following the successful petition of a court in Hebei province.

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