The Wujin Court’s WeChat public account announced that the Wujin District People’s Court of Changzhou City has ruled on April 2, 2026 to accept the bankruptcy reorganization case of Changzhou Bitai Technology Co., Ltd.
Changzhou Bitai Technology was officially registered and established on September 9, 2011. It is a limited liability company (invested by Hong Kong, Macao and Taiwan, not wholly owned). Its registered address is located at No. 7 Fengxiang Road, Wujin High-tech Industrial Development Zone, Jiangsu Province. It is registered and managed by the Market Supervision and Administration Bureau of Wujin District, Changzhou City, with a registered capital of US $8.340255 million and QUAN-YUANTROYSHANG legal representative. At present, the shareholders of the company include Bitai Technology Co., Ltd. (subscribed capital contribution of US $6.00115 million, holding 71.954), Taizhou Daode Future Industrial Investment Management Partnership (limited partnership) (subscribed capital contribution of US $1.533143 million, holding 18.3824) and Nanchang Hongcheng Capital Investment Enterprise (limited partnership) (subscribed capital contribution of US $805962, holding 9.6635).
The company’s business scope covers the research and development, production and sales of vacuum ion coating equipment and accessories, solar energy and microelectronics industry production equipment and accessories, as well as crystalline silicon battery production equipment control software and hardware, and provides after-sales service and technology Consulting and self-owned equipment leasing services, while engaged in new energy technology consulting (except for national special management measures and approved projects).
The company owns a number of patents, trademarks and computer software copyrights. According to the audit report issued by Beijing Xinghua Certified Public Accountants on November 30, 2025, as of October 31, 2025, the company’s assets totaled 344661115.08 yuan, liabilities totaled 374500529.24 yuan, the total comprehensive income was -169778780.27 yuan, and the asset-liability ratio exceeded 100%, the company has ceased operations, and the plant and equipment have been sealed up by the court.
The company’s core technology is the original linear plasma source technology, which has been patented by the United States and is used in the field of high-end equipment for solar cell manufacturing. Over the years, Bitai Technology has focused on the research and development of high-efficiency heterojunction batteries (SHJ). It has developed turnkey engineering equipment and processes for the whole line, with a battery efficiency of 25%. In the future, it plans to introduce new process equipment to more than 25.5.
