Xiong — a 10-year veteran of Suntech who the company credits for his “diverse experience in the solar industry value chain” — will now oversee management of the company.
In early 2014, Shunfeng acquired Wuxi Suntech — the old production unit of former PV powerhouse Suntech, which plunged into insolvency in 2013 after defaulting on its bonds — for 3bn yuan ($480m).
In
