Recently, Peng Xiaofeng, the former richest man in Jiangxi Province, was arrested in Suzhou, causing widespread concern in the society.

According to the announcement issued by the Suzhou Industrial Park Procuratorate, Jiangsu Lvnengbao Financial Leasing Co., Ltd. has been investigated for illegally absorbing public deposits. The main executives Xia Houmin, Liu Jing and He Lin have been prosecuted.

Peng Xiaofeng, male, born in 1975, from Anfu, Jiangxi, graduated from Jiangxi Vocational College of Foreign Languages and Foreign Trade.In July 2005, Peng Xiaofeng founded Jiangxi LD Solar Energy Co., Ltd., and led LD Solar to go public in the United States in 2007, which became the largest IPO completed by a Chinese company in the United States at that time.Peng Xiaofeng, who was only 32 years old at the time, also became the youngest rich man on various domestic rich lists, and also became the richest man in the domestic new energy field and the richest man in Jiangxi Province at that time.

Later, due to the rapid expansion of the enterprise and the ups and downs of the photovoltaic industry, LDK gradually fell into trouble until it went bankrupt and reorganized in 2014.Peng Xiaofeng, who had been silent for a long time, also chose to start his own business again in 2014, serving as the chairman of a company called SPI, transforming the field of energy Internet, and returning to the public eye with Green Energy Products.

However, the topic of suspected self-financing has never stopped on Lvnengbao. Until April last year, Lvnengbao, an Internet financial platform, fell into a payment crisis.In May of last year, the publicity on the overdue status of Lvnengbao released by Lvnengbao showed that the total amount of accounts receivable owed by Lvnengbao exceeded 600 million yuan, most of which were rents for power station projects.The total amount of overdue and overdue normal rents by online platform lessees, due and overdue projects after normal sale and leaseback, and overdue project financing is 430 million yuan.

Subsequently, the police began to investigate Lvnengbao on suspicion of illegally absorbing public deposits.In addition, the reporter conducted a search on the China Information Disclosure Network and found that Peng Xiaofeng was involved in multiple lawsuits and a large amount of outstanding debts.