China Sunergy: Annual General Meeting & Changes to Board of Directors
NANJING, China - China Sunergy Co., Ltd. (CSUN), a specialized solar cell and module manufacturer, announced that it will hold its Annual General Meeting ("AGM") on December 30, 2014 at 9:00 a.m. (Beijing 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 November 21, 2014 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 Ms. Jian Li as a Class A director of the Company;
Proposal No. 3 -- Appointment of Mr. Hong Cheng as a Class C independent director, chairman of corporate governance and nominating committee and member of compensation committee of the Company with effect from the date of the AGM;
Proposal No. 4 -- Appointment of the independent auditor of the Company Grant Thornton LLP for the fiscal year 2014 with effect from the date of the AGM;
Proposal No. 5 -- Authorization of the board of directors of the Company to fix the remuneration of the auditors of the Company; and
Proposal No. 6 -- the directors of the Company be, and hereby are, authorized to take any and every action that might be necessary to effect the foregoing resolutions 1 to 5 as such director, in his or her absolute discretion, thinks fit.
For more details, please refer to this link to our corporate web site's Investor Room: http://investors.csun-solar.com/phoenix.zhtml?c=211846&p=irol-agm
The Company has filed its annual report on Form 20-F (the "20-F"), which includes the Company's audited financial statements for the fiscal year ended December 31, 2013, with the U.S. Securities and Exchange Commission (the "SEC"). If you would like to obtain a copy of the 20-F, you can (1) send your request for a physical copy by email to IR@chinasunergy.com; (2) notify the Company of your e-mail address by sending your request to IR@chinasunergy.com and a softcopy will be sent to your e-mail address provided; and (3) you may also view the annual report at the Company's website at http://investors.csun-solar.com/phoenix.zhtml?c=211846&p=irol-reportsAnnual.
About China Sunergy Co., Ltd.
China Sunergy Co., Ltd. (CSUN) designs, manufactures and delivers high efficiency solar cells and modules to the world from its production centers based in China and Turkey. China Sunergy also invests in high potential solar projects. Founded in 2004, China Sunergy is well known for its advanced solar cell technology, reliable product quality, and excellent customer service.
For more information, please visit http://www.csun-solar.com.