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    Form 20-F/A
    SPI ENERGY CO., LTD. filed this Form 20-F/A on 02/12/2018
    Document Outline
    Entire Document (4970.6 KB)
    Subdocument 1 - 20-F/A - 20-F/A
    Page 1 - UNITED STATES
    Page 2 - N/A
    Page 3 - TABLE OF CONTENTS
    Page 4 - CONVENTIONS THAT APPLY TO THIS ANNUAL REPORT
    Page 5 - PART I
    Page 6 - Exchange Rate Information
    Page 7 - The operations of our e-commerce and investment business platform is unsuccessful.
    Page 8 - We are in default on a number of our obligations, which could result in our being forced to cease op
    Page 9 - The reduction, modification, delay or discontinuation of government subsidies and other economic inc
    Page 10 - Misconduct and errors by our employees could harm our business and reputation.
    Page 11 - We may not be able to acquire additional solar projects to grow our project portfolio, or effectivel
    Page 12 - Our substantial indebtedness could adversely affect our business, financial condition and results of
    Page 13 - We act as the general contractor for our customers for the provision of EPC services, and are subjec
    Page 14 - The solar industry faces competition from both conventional power industries and other renewable pow
    Page 15 - Technological advances in the solar industry could render our PV solutions uncompetitive or obsolete
    Page 16 - Our growth prospects and future profitability and our ability to continue to acquire solar projects
    Page 17 - We may encounter unexpected difficulties when developing solar power projects.
    Page 18 - Our construction activities may be subject to cost overruns or delays.
    Page 19 - Warranties provided by our suppliers and contractors may be limited or insufficient to compensate fo
    Page 20 - We have limited insurance coverage.
    Page 21 - The operation of solar projects involves significant inherent risks and hazards that could have a ma
    Page 22 - We may continue to conduct acquisitions and enter into joint ventures, investments or other strategi
    Page 23 - Our failure to protect our intellectual property rights may undermine our competitive position, and
    Page 24 - Our independent registered public accounting firm may be suspended from practicing before the SEC if
    Page 25 - The preparation of our consolidated financial statements in accordance with U.S. generally accepted
    Page 26 - Chinese regulations relating to overseas investment by Chinese residents may restrict our overseas a
    Page 27 - If the PRC government finds that the structure we have adopted for the e-commerce business does not
    Page 28 - We rely on contractual arrangements with Meijv and its shareholders for the operation of the Solarba
    Page 29 - The ongoing debt crisis in the Eurozone and market perceptions concerning the instability of the Eur
    Page 30 - Risks Related to Our Ordinary Shares
    Page 31 - The price of our securities has been and may continue to be highly volatile.
    Page 32 - If we fail to meet the applicable listing requirements, NASDAQ may delist our ordinary shares from t
    Page 33 - We are treated as a U.S. corporation for U.S. federal tax purposes.
    Page 34 - ITEM 4.
    Page 35 - B.
    Page 36 - Our Engineering, Procurement and Construction Service Business
    Page 37 - Engineering Design
    Page 38 - Construction Contracting
    Page 39 - Our Global Project Development Business
    Page 40 - Solar Projects in Operation*
    Page 41 - Solar Projects Under Construction*
    Page 42 - Featured Markets
    Page 43 - Market Due Diligence
    Page 44 - Market considerations
    Page 45 - E-Commerce and Investment Business
    Page 46 - Administrative Rules for Foreign Investments in Telecommunications Enterprises
    Page 47 - Our Australia Distribution Business
    Page 48 - Suppliers
    Page 49 - Seasonality
    Page 50 - Renewable Energy Law and Other Government Directives
    Page 51 - Circular on Implementation Plans of PV Generation Construction for 2015
    Page 52 - Provisions on the Administration of the Electric Power Business Permit
    Page 53 - Internet Finance and Illegal Public Fund-raising
    Page 54 - FIT and Subsidies
    Page 55 - Circular on Issues Concerning Implementing Electric Quantity-based Subsidy Policy for Distributed Ge
    Page 56 - Clean Development Mechanism
    Page 57 - Taxation
    Page 58 - Circular of Further Improving and Adjusting Foreign Exchange Administration Policies on Foreign Dire
    Page 59 - Dividend Distribution
    Page 60 - Trademark
    Page 61 - Notes:
    Page 62 - ITEM 4A.
    Page 63 - Market Demand
    Page 64 - Selected Statement of Operations Items
    Page 65 - Impairment charges
    Page 66 - United States
    Page 67 - Sales of Project Assets
    Page 68 - Services Revenue Under Power Purchase Agreements
    Page 69 - Impairment of Long-lived Assets
    Page 70 - Project Assets
    Page 71 - Income Taxes
    Page 72 - N/A
    Page 73 - Recent Acquisition Activities
    Page 74 - Other Solar Businesses
    Page 75 - Solar Juice Acquisition
    Page 76 - Acquisition of Dingding Yiwei
    Page 77 - Comparison of the year ended December 31, 2016 to the year ended December 31, 2015
    Page 78 - Interest expense
    Page 79 - Gross profit
    Page 80 - Net loss
    Page 81 - Financing Activities
    Page 82 - N/A
    Page 83 - PRC Corporate Income Tax Law
    Page 84 - Research and development, patents and licenses, etc.
    Page 85 - ITEM 6.
    Page 86 - Mr. Xiaofeng Peng
    Page 87 - Mr. Tairan Guo
    Page 88 - Transfer Restrictions.
    Page 89 - Option Awards
    Page 90 - Audit Committee
    Page 91 - Duties of Directors
    Page 92 - D.
    Page 93 - ITEM 7.
    Page 94 - Contractual Arrangements with Solar Energy E-Commerce and Its Shareholders
    Page 95 - Contractual Arrangements with Meijv and Its Shareholder
    Page 96 - Exclusive Call Option Agreement
    Page 97 - Legal and Administrative Proceedings
    Page 98 - Dividend Policy and Dividend Distribution
    Page 99 - B.
    Page 100 - D.
    Page 101 - Voting Rights
    Page 102 - Liquidation
    Page 103 - Issuance of Additional Preferred Shares
    Page 104 - Cayman Islands Taxation
    Page 105 - U.S. Federal Income Taxation
    Page 106 - Sale or Other Disposition of Ordinary Shares
    Page 107 - Sale or Other Disposition
    Page 108 - I.
    Page 109 - PART II
    Page 110 - Management s Annual Report on Internal Control Over Financial Reporting.
    Page 111 - Remediation Activities
    Page 112 - ITEM 16C.
    Page 113 - ITEM 16G.
    Page 114 - N/A
    Page 115 - N/A
    Page 116 - N/A
    Page 117 - N/A
    Page 118 - N/A
    Page 119 - SIGNATURES
    Page 120 - Index to Financial Statements
    Page 121 - Report of Independent Registered Public Accounting Firm
    Page 122 - Report of Independent Registered Public Accounting Firm
    Page 123 - SPI ENERGY CO., LTD.
    Page 124 - SPI ENERGY CO., LTD.
    Page 125 - SPI ENERGY CO., LTD.
    Page 126 - SPI ENERGY CO., LTD.
    Page 127 - SPI ENERGY CO., LTD.
    Page 128 - The accompanying notes are an integral part of these consolidated financial statements.
    Page 129 - SPI ENERGY CO., LTD.
    Page 130 - Variable interest entities
    Page 131 - Proxy Voting Agreement
    Page 132 - (a)
    Page 133 - Private placements and negotiation for financial support
    Page 134 - Cost saving measures
    Page 135 - (d)
    Page 136 - (h)
    Page 137 - (l)
    Page 138 - (m)
    Page 139 - (q)
    Page 140 - (r)
    Page 141 - Construction contracts
    Page 142 - Financial service revenue
    Page 143 - Services revenue under power purchase agreements
    Page 144 - (t)
    Page 145 - simplifying the Measurement of Inventory
    Page 146 - N/A
    Page 147 - N/A
    Page 148 - N/A
    Page 149 - Project assets under development-Company as project owner are primarily related to the following maj
    Page 150 - RE Capital Projects
    Page 151 - Projects in Japan
    Page 152 - (a)
    Page 153 - N/A
    Page 154 - (a)
    Page 155 - N/A
    Page 156 - N/A
    Page 157 - (b)
    Page 158 - N/A
    Page 159 - N/A
    Page 160 - N/A
    Page 161 - (a)
    Page 162 - (b)
    Page 163 - N/A
    Page 164 - (a)
    Page 165 - (b)
    Page 166 - Determining Fair Value
    Page 167 - N/A
    Page 168 - N/A
    Page 169 - N/A
    Page 170 - N/A
    Page 171 - (a)
    Page 172 - Performance Guaranty
    Page 173 - (b) Contingencies
    Page 174 - N/A
    Page 175 - N/A
    Page 176 - N/A
    Page 177 - (a)
    Subdocument 2 - EX-4.45 - EX-4.45
    Page 1 - Exhibit 4.45
    Page 2 - N/A
    Page 3 - N/A
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - Force Majeure
    Page 7 - N/A
    Page 8 - [The remainder of this page is intentionally left blank]
    Page 9 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 3 - EX-4.46 - EX-4.46
    Page 1 - Exhibit 4.46
    Page 2 - Steps for Exercise of the Equity Interest Purchase Option
    Page 3 - Payment
    Page 4 - N/A
    Page 5 - Covenants of Party B
    Page 6 - Transfer Contract
    Page 7 - Governing Law
    Page 8 - N/A
    Page 9 - Amendments, changes and supplements
    Page 10 - Headings
    Page 11 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 4 - EX-4.47 - EX-4.47
    Page 1 - Exhibit 4.47
    Page 2 - Steps for Exercise of the Equity Interest Purchase Option
    Page 3 - Payment
    Page 4 - N/A
    Page 5 - Covenants of Party B
    Page 6 - Transfer Contract
    Page 7 - Governing Law
    Page 8 - N/A
    Page 9 - Amendments, changes and supplements
    Page 10 - Headings
    Page 11 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 5 - EX-4.48 - EX-4.48
    Page 1 - Exhibit 4.48
    Page 2 - Exclusive Business Cooperation Agreement
    Page 3 - AIC
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - N/A
    Page 7 - N/A
    Page 8 - N/A
    Page 9 - N/A
    Page 10 - N/A
    Page 11 - [The Remainder of this page is intentionally left blank]
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
    Subdocument 6 - EX-4.49 - EX-4.49
    Page 1 - Exhibit 4.49
    Page 2 - Exclusive Business Cooperation Agreement
    Page 3 - AIC
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - N/A
    Page 7 - N/A
    Page 8 - N/A
    Page 9 - N/A
    Page 10 - N/A
    Page 11 - [The Remainder of this page is intentionally left blank]
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
    Subdocument 7 - EX-4.50 - EX-4.50
    Page 1 - Exhibit 4.50
    Page 2 - N/A
    Page 3 - Accepted by Yanhua Network Technology (Shanghai) Co., Ltd.
    Subdocument 8 - EX-4.51 - EX-4.51
    Page 1 - Exhibit 4.51
    Page 2 - N/A
    Page 3 - Accepted by Yanhua Network Technology (Shanghai) Co., Ltd.
    Subdocument 9 - EX-4.52 - EX-4.52
    Page 1 - Exhibit 4.52
    Page 2 - Confirmor
    Subdocument 10 - EX-4.53 - EX-4.53
    Page 1 - Exhibit 4.53
    Page 2 - Confirmor
    Subdocument 11 - EX-4.54 - EX-4.54
    Page 1 - Exhibit 4.54
    Page 2 - N/A
    Page 3 - N/A
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - Force Majeure
    Page 7 - N/A
    Page 8 - [The remainder of this page is intentionally left blank]
    Page 9 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 12 - EX-4.55 - EX-4.55
    Page 1 - Exhibit 4.55
    Page 2 - Steps for Exercise of the Equity Interest Purchase Option
    Page 3 - Payment
    Page 4 - N/A
    Page 5 - Covenants of Party B
    Page 6 - Transfer Contract
    Page 7 - Governing Law
    Page 8 - N/A
    Page 9 - Amendments, changes and supplements
    Page 10 - Headings
    Page 11 - Waivers
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 13 - EX-4.56 - EX-4.56
    Page 1 - Exhibit 4.56
    Page 2 - Exclusive Business Cooperation Agreement
    Page 3 - AIC
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - N/A
    Page 7 - N/A
    Page 8 - N/A
    Page 9 - N/A
    Page 10 - N/A
    Page 11 - N/A
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
    Subdocument 14 - EX-4.57 - EX-4.57
    Page 1 - Exhibit 4.57
    Page 2 - N/A
    Page 3 - Shanghai Youying E-commerce Co., Ltd. By: Name: Min Xiahou Title: Legal Representative Accepted by Y
    Subdocument 15 - EX-4.58 - EX-4.58
    Page 1 - Exhibit 4.58
    Page 2 - This is the signature page of Confirmation Letter Confirmor: Min Xiahou Signature: Date:
    Subdocument 16 - EX-4.59 - EX-4.59
    Page 1 - Exhibit 4.59
    Page 2 - N/A
    Page 3 - N/A
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - Force Majeure
    Page 7 - N/A
    Page 8 - The remainder of this page is intentionally left blank
    Page 9 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 17 - EX-4.60 - EX-4.60
    Page 1 - Exhibit 4.60
    Page 2 - Steps for Exercise of the Equity Interest Purchase Option
    Page 3 - Payment
    Page 4 - N/A
    Page 5 - Covenants of Party B
    Page 6 - Transfer Contract
    Page 7 - Governing Law
    Page 8 - N/A
    Page 9 - Amendments, changes and supplements
    Page 10 - Headings
    Page 11 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 18 - EX-4.61 - EX-4.61
    Page 1 - Exhibit 4.61
    Page 2 - Steps for Exercise of the Equity Interest Purchase Option
    Page 3 - Payment
    Page 4 - N/A
    Page 5 - Covenants of Party B
    Page 6 - Transfer Contract
    Page 7 - Governing Law
    Page 8 - N/A
    Page 9 - Amendments, changes and supplements
    Page 10 - Headings
    Page 11 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 19 - EX-4.62 - EX-4.62
    Page 1 - Exhibit 4.62
    Page 2 - Steps for Exercise of the Equity Interest Purchase Option
    Page 3 - Payment
    Page 4 - N/A
    Page 5 - Covenants of Party B
    Page 6 - Transfer Contract
    Page 7 - Governing Law
    Page 8 - N/A
    Page 9 - Amendments, changes and supplements
    Page 10 - Headings
    Page 11 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
    Subdocument 20 - EX-4.63 - EX-4.63
    Page 1 - Exhibit 4.63
    Page 2 - Exclusive Business Cooperation Agreement
    Page 3 - AIC
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - N/A
    Page 7 - N/A
    Page 8 - N/A
    Page 9 - N/A
    Page 10 - N/A
    Page 11 - [The remainder of this page is intentionally left blank]
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
    Subdocument 21 - EX-4.64 - EX-4.64
    Page 1 - Exhibit 4.64
    Page 2 - Exclusive Business Cooperation Agreement
    Page 3 - AIC
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - N/A
    Page 7 - N/A
    Page 8 - N/A
    Page 9 - N/A
    Page 10 - N/A
    Page 11 - [The remainder of this page is intentionally left blank]
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
    Subdocument 22 - EX-4.65 - EX-4.65
    Page 1 - Exhibit 4.65
    Page 2 - Exclusive Business Cooperation Agreement
    Page 3 - AIC
    Page 4 - N/A
    Page 5 - N/A
    Page 6 - N/A
    Page 7 - N/A
    Page 8 - N/A
    Page 9 - N/A
    Page 10 - N/A
    Page 11 - [The remainder of this page is intentionally left blank]
    Page 12 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
    Subdocument 23 - EX-4.66 - EX-4.66
    Page 1 - Exhibit 4.66
    Page 2 - N/A
    Page 3 - Accepted by Yanhua Network Technology (Shanghai) Co., Ltd.
    Subdocument 24 - EX-4.67 - EX-4.67
    Page 1 - Exhibit 4.67
    Page 2 - N/A
    Page 3 - Accepted by Yanhua Network Technology (Shanghai) Co., Ltd.
    Subdocument 25 - EX-4.68 - EX-4.68
    Page 1 - Exhibit 4.68
    Page 2 - N/A
    Page 3 - Accepted by Yanhua Network Technology (Shanghai) Co., Ltd.
    Subdocument 26 - EX-4.69 - EX-4.69
    Page 1 - Exhibit 4.69
    Page 2 - This is the signature page of the Confirmation Letter. Confirmor
    Subdocument 27 - EX-4.70 - EX-4.70
    Page 1 - Exhibit 4.70
    Page 2 - This is the signature page of Confirmation Letter. Confirmor
    Subdocument 28 - EX-4.71 - EX-4.71
    Page 1 - Exhibit 4.71
    Page 2 - This is the signature page of Confirmation Letter. Confirmor
    Subdocument 29 - EX-4.72 - EX-4.72
    Page 1 - Exhibit 4.72
    Page 2 - N/A
    Page 3 - (The content ends here, and this page is signing page of the Debt Restructuring Agreement.) Union Sk
    Subdocument 30 - EX-12.1 - EX-12.1
    Page 1 - Exhibit 12.1
    Subdocument 31 - EX-12.2 - EX-12.2
    Page 1 - Exhibit 12.2
    Subdocument 32 - EX-13.1 - EX-13.1
    Page 1 - Exhibit 13.1
    Subdocument 33 - EX-13.2 - EX-13.2
    Page 1 - Exhibit 13.2
    Subdocument 34 - EX-15.2 - EX-15.2
    Page 1 - Exhibit 15.2