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Re: nic_san post# 1058

Monday, 03/02/2015 8:23:53 AM

Monday, March 02, 2015 8:23:53 AM

Post# of 1098
Letter from the President of Wuxi Suntech


Tuesday, February 17, 2015
Dear valued customers, partners and friends,

Following a strong end for 2014, I am excited and proud to announce that Suntech has been re-added to the Tier 1 solar company list on Bloomberg New Energy Finance’s PV Market Outlook.

Suntech’s renewed bankability status validates the value of our brand and our projects. It signifies the strength of the relationships we have built with leading financial institutions, which will help us to continue to provide unique financial solutions to our customers’ worldwide.

When Suntech was acquired by Shunfeng International Clean Energy, we knew that it would be a perfect fit for Shunfeng’s strategy to become the world’s largest integrated clean energy generation company. Suntech has demonstrated that it does not only have the best PV modules in the market but that it also holds the strongest financial standing in the industry. We are humbled and proud that the company was been able to bring about such a positive outcome to the business within such a short period of time from our acquisition, and are grateful to our customers, partners and friends who have continued to believe in Suntech’s ability to deliver the best products in the market.

As you may know, I have recently been appointed as President of Wuxi Suntech Power. Over the past few months I have been working closely with Eric Luo who has successfully led Suntech back to the forefront of the solar industry. Eric has recently been appointed as CEO of Shunfeng International Clean Energy where he will lead the integration of the Shunfeng group of companies with Suntech at the helm. He and I will be working hand in hand and I will look forward to sharing with you more news on our future plans and ongoing progress in this ever changing industry.

As the Spring Festival is around the corner, kindly allow me to take this opportunity to wish you a happy Chinese New Year. May the Year of the Goat bring success to us all.Sincerely yours,

Victor Xiong
President, Wuxi Suntech Power Co., Ltd

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