MOMO'S BREAKOUT BOARD

[dirkv]

CSUNY: 0.0601
52w high : 0.85, time for a strong rebound
3 years : 6.72

https://www.yahoo.com/news/china-invest-360-billion-renewable-power-2016-2020-025327911--business.html

Market Cap 1.19 M

Dear *** ,

The company is working on year-end filing (20F) and will try to move CSUNY to higher level market place, i.e OTC QB once the filing is completed. We are also disappointed about the company’s market cap which is not in line with the company’s size. Please keep an eye on CSUNY and we will remain you updated as soon as we have next move.

20-F Jan 18, 2017
We got the 20F so now we are waiting for the move back to OTCBB.

2016 maybe Revenue of 500 M
12/31/2015 441,827.352
12/31/2014 341,107.697


Outstanding Shares 14.835.291
Tingxiu Lu Nanjing, China 3,916,514 shares 26.4%
Credit Suisse AG Zurich, Switzerland 1,818,312 shares 12.2%
Exuberance Investment Limited Hong Kong, China 1,815,459 shares 12.2%
PraxCapital Fund II, L.P Cayman Islands, UK 891,329 shares 6.0%
Very low free float: 6.393.677 shares
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=155675

http://www.cleantectrade.com/en/csun-china-sunergy/


China Sunergy Co., Ltd. (“China Sunergy” or “the Company”), a specialized solar cell and module manufacturer, announced that the Company will showcase a series of new products:
The new products including Dual Glass Solar Module (CSUN 345-72M-DG), Full Black Smart Module (CSUN 335-72M-SMART), Half Cell Module (CSUN 290-120P) and Small Type Customerized Module (CSUN 160-36M), have all proven their performance under mainstream international standards and meet a majority of customers’ requirements for system design and cost reduction.
The Dual Glass Module, offered in two product types (60 cell configuration and 72 cell configuration), is an innovative product using heat-strengthened glass rather than the traditional back sheet. The product can be widely applied to industries including farming, fishing, forestry and has features of PID free, high-resistance to extreme weather, lower annual power degradation, sea/waterside PV installation. etc.
The Smart Module with a power optimizer embedded into the module offers enhanced functionality such as panel-level maximum power output, monitoring, enhanced safety and multiple installation options for various roofs and orientation limitations. The product is now available in both 72-cell and 60-cell configurations.
In addition, Half-cell Module and Small Type Customerized Module are all developed as a result of market demands with major features in higher power output and higher efficiency.
With start-of-the-art product design and unique product features, the newly introduced products are all consistent with China Sunergy’s 25-year linear power output warranty and a 10-year product warranty on materials and workmanship.
"We are delighted to introduce these new products at this exhibition, which is a significant addition to China Sunergy’s product portfolio," commented Mr. Lu, Chairman and Chief Executive Officer of China Sunergy. "The Company is committed to delivering innovative, high-performance products to our global customers. We sincerely invite every one of you to visit our booth, # 859 North Hall, Convention Center, at SPI 2016 Trade Show."

On September 1st , 2016, Mr. Su Chen, Chinese consul general to Istanbul visited CSUN Eurasia Energy Systems Industry and Trade Inc (“CSUN Turkey”), a Turkey-based subsidiary of China Sunergy Co.,Ltd and toured the plant of the Company located in Istanbul, Turkey. Mr. Su Chen spoke highly of CSUN Turkey’s overall strength and was impressed with the Company’s existing manufacturing facilities and development plan.

Mr. Jun Zhou, Head of CSUN Turkey said,” CSUN Turkey is optimistic about Turkey’s development and looking forward to establishing further cooperation with local partners, such as financial institutions, upstream and downstream participants of solar industry as the Company was ranked Top 500 Enterprises in Turkey.”

About CSUN Eurasia Energy Systems Industry and Trade Inc

CSUN Eurasia Energy Systems Industry and Trade Inc. focuses on providing a full range of solar energy solutions for customers located in Europe, America and Mid-East. The Company, founded in 2013 and 80% owned by China Sunergy Co.,Ltd, has annual production capacity for solar cells and modules of 200MW and 500MW respectively and is capable of offering EPC service. The Company was currently ranked Top 500 Enterprises in Turkey and is regarded as successful and symbolic investment project by both China and Turkey.


China Sunergy Co., Ltd. (China Sunergy) manufactures and sells solar cell and solar module products that convert sunlight into electricity for a variety of uses. The Company also invests in, develop and operate solar power projects. The Company manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect. Its principal end-products are solar modules in different sizes and power outputs but it also manufacture and sell solar cells of a range of specialties. It sells solar cells and modules under the brands of CSUN. The Company has 14 solar cell manufacturing lines which had an aggregate annual production capacity of solar cells of 504 megawatts (MW), of which 108 MW has been relocated to Turkey. It also has an aggregate annual production capacity of solar modules of 1,155 MW, of which 300 MW has been relocated to Turkey.
Employees 3800 a/o Dec 31, 2016

Turkey: 3 GW of PV by 2023
Turkish President Erdogan stated at an energy summit that Turkey would double its energy consumption by 2023, making extensive energy investments necessary. The government aims at adding 110 GW to the current 70 GW installed power capacity by 2023. 90% of the country’s power shall be provided by gas, coal and renewable energy alike (30% each) and 10% by nuclear energy. The government’s aim is to reduce natural gas imports, which currently provide the biggest share of Turkey’s power generation (40%). Despite high insolation times, the 2023 target only includes a minimum of 3 GW of solar PV installations. Concerns are voiced in the market that the permitting process for licensed projects is quite slow and inefficient. Currently, the 2013 applications for licensed projects are being evaluated and licenses granted to 600 MW of installed capacity. Submission of applications for new PV licenses will start in April 2015.
In 2014 882 MW of solar and wind capacity were added. of solar and wind