SunPower's stock price once came close to the limit-down, the company stated that there were no abnormal production or operation issues.

On July 1st, after opening lower, the stock price of Suntech Power continued to plummet significantly, nearing the limit down at one point during the day. The closing price at midday was 137.32 yuan per share, a 13.65% decrease. As of press time, the price was reported at 140.25 yuan per share, a decrease of 11.80%, and the market value dropped below 300 billion yuan. At the same time, the inverter sector where Suntech Power is located also experienced a significant downturn. Jinliang Technology fell by 7.61%, GuDawei by 7.10%, and Shangneng Electric by 5.26%. In terms of news, foreign media reported that the Trump administration is drafting an import ban on foreign inverters. The reason is the concern that China may use these devices, which connect solar projects and batteries to the grid, to interfere with power supply. According to reports, this regulation will apply to new models of foreign inverters and may be released as early as this year. On July 1st at noon, Caixin called Suntech Power as an investor, and the staff in the company's board office stated that internal production and operations are normal, and external factors causing fluctuations in the stock price are still being verified and understood. Board office: Do not have access to business data in various locations including the United States. Regarding market concerns about the tightening of inverter import policies in the United States, Suntech Power's overseas business may be under pressure. The above-mentioned staff told Caixin that the company has local subsidiaries in several countries, including the United States, responsible for localized operations. However, the performance and personnel size of each regional subsidiary are not disclosed publicly, and the board office does not have access to relevant detailed data.