In 2011, the global pv industry leading Suntech Power Holdings (Suntech Power Holdings Co.) shipments ranked first, up to 2000 mw, sold around the world. Although part of market share to other pv enterprise (for example, trina solar, artest), but the suntech is still the largest solar panel manufacturers in China. Published in suntech reported GSF managers GSF 560 million euros of Capital provided to suntech equivalent German government bonds security flaws, may belong to and does not exist, the enterprise for the third consecutive trading day down more than 10%, and finally closed at $1.01 a share, pan once fell to $0.81, it is the company listed on the nyse in December 2005, the stock price fell below $1 mark for the first time. It is not the business for the first time there is an error in the management. In fact, the "history" of enterprises in the strategic and tactical "mistakes history" is still "a long".
        A) when polysilicon prices at historic highs, suntech signed a series of long-term supply of polysilicon and silicon wafers agreement, pay large amount of advance payment. With smaller suppliers bankruptcy and polysilicon prices have plunged in lead to renegotiate the additional amount to pay, the vast majority of advance and investments have to be writedowns.
       B) though suntech focus on building its Pluto battery, but the actual effect is not significant. Trina solar, yingli and other photovoltaic solar cell conversion efficiency as suntech power.
      C) large sums of money to film technology, is nothing.
      D) bad capital structure, heavy debt burden, make the enterprise on the verge of bankruptcy and now also in a counter guarantee scheme.