China Sunergy: Compliance with NASDAQ Total Assets/Rev Rule

Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.

NANJING, China - China Sunergy Co., Ltd. (NASDAQ: CSUN) announced that it has received a letter dated July 30, 2013 (the "Letter") from NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that it has regained compliance with the alternative continued listing requirements under NASDAQ Listing Rule 5450(b)(3) (the "Listing Rule").

As previously disclosed, the Company received a notice from NASDAQ dated May 2, 2013, indicating that, the Company's reported stockholders' equity as of December 31, 2012 fell below the US$10 million threshold as required by the Listing Rule 5450(b)(1)(A).

In the Letter, NASDAQ informed the Company that it had determined that for the previous 10 consecutive business days, from July 16, 2013 to July 29, 2013, the Company's market value of publicly held shares has been $15,000,000 or greater. Accordingly, the Company has regained compliance with the Listing Rule and this matter is now closed.

About China Sunergy Co., Ltd.

China Sunergy Co., Ltd. (NASDAQ: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 our website at

Investor and Media Contacts:

China Sunergy Co., Ltd.
Elaine Li
Phone: + 86 25 5276 6696

Asia Bridge Group Limited
Wendy Sun
Phone: + 86 10 8556 9033
Aktuell, seriös und kostenlos: Der ECOreporter-Newsletter. Seit 1999.
Nach oben scrollen
ECOreporter Journalistenpreise