hey pawn you remember how these longs used to say peng would never let go of his 51% stake?
looks like another thing you all wrong about. china owns this you all holding worthless paper that is being more and more diluted by the day. just watch it be removed from NYSE then they quit reporting, then it be same price as sopw!!!
the second-biggest maker of solar wafers, replaced its chief executive officer and hired five other board members including a provincial People’s Congress official after selling a stake to a state-backed firm.
Chief Operating Officer Tong Xingxue takes over immediately as CEO from Peng Xiaofeng, who stays as chairman, LDK said today in a statement. The other new board members include independent directors Wang Ceng, who has served as a financial consultant for Xinyu city government, and Wu Shian, a member of the Standing Committee of the People’s Congress of Jiangxi.