In September, the Nanjing-based PV manufacturer was told that its market value had fallen below $15m for 30 consecutive trading days.

It was then given until 1 March, 2016, to regain compliance.

The company revealed this week that its American Depositary Shares (ADS) will be suspended from trading when the market opens on 14 March, unless it files a formal appeal.

The delisting notice comes a little more than a week after the company revealed that it had been warned by Nasdaq