On the evening of August 10, Tianhe Solar issued the “Shareholder Inquiry and Transfer Plan”. The number of shares transferred by the seller Gao Jifan and Jiangsu Panji Investment Co., Ltd. in this inquiry was 36.3 million shares, accounting for 1.55% of the company's total share capital. The reason for the transfer mentioned in the announcement was “own capital requirements”. The lower limit of the transfer price was not less than 70% of the average trading price of Tianhe Guangneng's stock in the first 20 trading days including August 10, or about 9.25 yuan/share. However, if we refer to the closing price on August 10, Gao Jifan and his co-actors invested the market value of the shares transferred in this inquiry about 500 million yuan. In response to this share transfer plan, Tianhe Solar responded on August 11: “The transfer was due to personal capital requirements and early debt repayment arrangements. The actual controller is confident in the company's development prospects.”

On the evening of August 10, Tianhe Solar issued the “Shareholder Inquiry and Transfer Plan”. The number of shares transferred by the seller Gao Jifan and Jiangsu Panji Investment Co., Ltd. in this inquiry was 36.3 million shares, accounting for 1.55% of the company's total share capital. The reason for the transfer mentioned in the announcement was “own capital requirements”. The lower limit of the transfer price was not less than 70% of the average trading price of Tianhe Guangneng's stock in the first 20 trading days including August 10, or about 9.25 yuan/share. However, if we refer to the closing price on August 10, Gao Jifan and his co-actors invested the market value of the shares transferred in this inquiry about 500 million yuan. In response to this share transfer plan, Tianhe Solar responded on August 11: “The transfer was due to personal capital requirements and early debt repayment arrangements. The actual controller is confident in the company's development prospects.”