China Sunergy

China Sunergy to Announce Third Quarter 2008 Results on November 25

China Sunergy Co., Ltd (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, today announced that it will report financial results for its third quarter ended September 30, 2008 on November, 25 2008 prior to US market open.

China Sunergy Signs Silicon Ingot Supply Agreement with Hitachi High-Technologies

China Sunergy Co., Ltd. (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, announced today that it has entered into a multi-year agreement for a supply of high quality 8 inch single crystal silicon ingot with the Japanese Hitachi High-Technologies Corporation and its affiliate ("HHT"). Under the agreement, HHT will supply a total volume of 1,472 tons of silicon ingot from September 2008 through the end of 2011, which will support the production of approximately 210MW of solar cells during the contractual term.

China Sunergy Enters into Sales Agreement with Wuxi Guofei Green Energy Source

Seven-Year Agreement Solidifies Long-term Sales Presence within China

China Sunergy Co., Ltd. (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, today announced that it has entered into a seven year sales agreement (the "Agreement") with Wuxi Guofei Green Energy Source Co., Ltd. ("Wuxi Guofei"), a leading Chinese solar energy company.

China Sunergy Announces Financial Results for the Second Quarter 2008

Second Quarter Revenues of US$111.6 million, up 44.9% from the Previous Quarter; Shipments Amounting to 35.0MW; Net income US$3.1million; Net Operating Cash Inflow of US$27.4 million

China Sunergy Co., Ltd. (Nasdaq: CSUN), ("China Sunergy" or the "Company") a specialized solar cell manufacturer based in Nanjing, China, announced today its financial results for the second quarter of 2008.

Second Quarter Financial Results

China Sunergy Announces Shareholder Resolutions Adopted at 2008 Annual General Meeting

China Sunergy Co., Ltd. (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, announced today the following shareholder resolutions were adopted at its annual general meeting of shareholders held in Nanjing on August 15, 2008.

Sunergy's shareholders adopted the following ordinary resolutions proposed by the Company:

  1. Re-election of Mr. Tingxiu Lu as a director of the Company;
  2. Re-election of Mr. Ruennsheng Allen Wang as a director of the Company;
  3. Re-election of Ms. Jian Li as a director of the Company;

China Sunergy to Announce Second Quarter 2008 Results on August 22nd

China Sunergy Co., Ltd. (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, today announced that it will report financial results for its second quarter ended June 30, 2008 on August, 22 2008 prior to US market open.

The earnings announcement conference call will take place at 5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time (Beijing / Hong Kong Time: August 22nd, 2008 at 8:00 p.m.). The management team will be on the call to discuss results and highlights of the quarter and answer questions.

The call with be available online at http://www.chinasunergy.com

China Sunergy Announces Closing of Offerings of Convertible Senior Notes and American Depositary Shares

China Sunergy Co., Ltd. (Nasdaq: CSUN) announces the closing on July 1, 2008 of its offering of 4.75% Convertible Senior Notes due 2013. The notes were offered to qualified institutional buyers pursuant to Rule 144A under the United States Securities Act of 1933, as amended. The initial purchaser of the notes exercised its option to purchase an additional US$4.5 million of notes from China Sunergy to cover overallotments, bringing the total size of the issuance to US$54.5 million. The notes are convertible into American Depositary Shares (''ADSs'') of China Sunergy.

China Sunergy Prices US$50 Million of Convertible Senior Notes and 4,268,400 American Depositary Shares

China Sunergy Co., Ltd. (Nasdaq: CSUN) today announced that on June 25, 2008, it priced an offering of US$50 million of convertible senior unsecured notes due 2013 to qualified institutional buyers pursuant to Rule 144A under the United States Securities Act of 1933, as amended (the "Act"). The transaction, which is subject to customary closing conditions, is expected to close on July 1, 2008. The initial purchaser of the notes has an option to purchase up to an additional US$4.5 million of notes from China Sunergy within 30 days to cover overallotments.

China Sunergy Announces Additional Independent Director

China Sunergy Co., Ltd. (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, announced today the appointment of an additional independent director to its board.

Merry Tang has been appointed as an additional independent director for China Sunergy's Board of Directors. Ms. Tang brings 15 years of finance and accounting experience to this new advisory role.

China Sunergy Signs Wafer Supply Agreement

China Sunergy Co., Ltd. (Nasdaq: CSUN), a specialized solar cell manufacturer based in Nanjing, China, announced today that it has entered into a supply agreement (the "Agreement") with the European wafer provider REC Wafer for a high quality supply of monocrystalline 156-millimeter wafers for the seven years from 2009 through 2015.

Syndicate content