China Sunergy to Hold Annual General Meeting on August 25, 2011
By China Sunergy Co. Ltd., PRNEThursday, June 30, 2011
NANJING, China, July 1, 2011 -
China Sunergy Co., Ltd. (Nasdaq: CSUN) (”China Sunergy” or “the
Company”), a specialized solar cell and module manufacturer, today
announced that it will hold its Annual General Meeting (”AGM”) on
August 25, 2011 at 9:00 a.m. (China Time). The AGM will be held at
No. 123, Focheng West Road, Jiangning Economic & Technical
Development Zone, Nanjing, Jiangsu 211100, the People’s Republic of
China.
Holders of record of ordinary shares of the Company at the close
of business on June 30, 2011 are entitled to notice of, and to vote
at, the AGM or any adjournment or postponement thereof. Holders of
the Company’s American depositary shares (”ADSs”) who wish to
exercise their voting rights for the underlying ordinary shares
must act through the depositary of the Company’s ADS program,
JPMorgan Chase Bank, N.A.
The AGM will discuss and seek adoption of the following
resolutions to be proposed by the Company:
- Proposal No. 1 - Retirement and Re-election of Mr. Tingxiu Lu
as a Class A director of the Company; - Proposal No. 2 - Retirement and Re-election of Mr. Jian Li as a
Class A director of the Company; - Proposal No. 3 - Retirement and Re-election of Mr. Zhifang Cai
as a Class A director of the Company; - Proposal No. 4 - Appointment of the Independent Auditor
Deloitte Touche Tohmatsu CPA Ltd. for the fiscal year 2011;
and - Proposal No. 5 - The directors or each of Tingxiu Lu and
Zhifang Cai (each, an “Officer”) be, and hereby are, authorized to
take any and every action that might be necessary to effect the
foregoing resolutions 1 to 4 as such director or Officer, in his or
her absolute discretion, thinks fit.
For more details, please refer to this link to our corporate web
site’s Investor Room:
About China Sunergy Co., Ltd.
China Sunergy Co., Ltd. is a specialized manufacturer of solar
cell and module products in China. China Sunergy manufactures solar
cells from silicon wafers, which utilize crystalline silicon solar
cell technology to convert sunlight directly into electricity
through a process known as the photovoltaic effect, and assembles
solar cells into solar modules. China Sunergy sells these solar
products to Chinese and overseas module manufacturers, system
integrators, and solar power systems for use in various markets.
For more information, please visit our website at
Investor and Media Contacts: China Sunergy Co., Ltd. Elaine Li Phone: +86-25-5276-6696 Email: Elaine.li@chinasunergy.com Brunswick Group Hong Kong Hong Kong Ginny Wilmerding Xiaoxiao Nina Zhan Phone: +852-3512-5000 Phone: +852-3512-5000 Email: csun@brunswickgroup.com Email: csun@brunswickgroup.com
Safe Harbor Statement
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical facts in this announcement are forward-looking
statements. These forward-looking statements are based on current
expectations, assumptions, estimates and projections about the
Company and the industry, and involve known and unknown risks and
uncertainties, including but not limited to, the Company’s ability
to raise additional capital to finance the Company’s activities;
the effectiveness, profitability, and the marketability of its
products; litigations and other legal proceedings; the economic
slowdown in China and elsewhere and its impact on the Company’s
operations; demand for and selling prices of the Company’s
products, the future trading of the common stock of the Company;
the ability of the Company to operate as a public Company; the
period of time for which its current liquidity will enable the
Company to fund its operations; the Company’s ability to protect
its proprietary information; general economic and business
conditions; the volatility of the Company’s operating results and
financial condition; the Company’s ability to attract or retain
qualified senior management personnel and research and development
staff; future shortage or availability of the supply of raw
materials; impact on cost-competitiveness as a result of entering
into long-term arrangements with raw material suppliers and other
risks detailed in the Company’s filings with the Securities and
Exchange Commission. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in its expectations, except as may
be required by law. Although the Company believes that the
expectations expressed in these forward looking statements are
reasonable, they cannot assure you that their expectations will
turn out to be correct, and investors are cautioned that actual
results may differ materially from the anticipated results.
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Tags: China, China Sunergy Co. Ltd., July 1, Nanjing
