China Sunergy: New Chief Financial Officer

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China Sunergy Co., Ltd., a specialized solar cell and module manufacturer, announced that it has appointed Mr. Yongfei Chen , previously the acting Chief Financial Officer of the Company, as the Chief Financial Officer (the "CFO"), effective immediately. Under the employment agreement between China Sunergy and Mr. Chen, he is employed for an initial three-year term.

Mr. Chen has been the acting CFO of the Company since November 2010 . From 2003 to October 2010 , Mr. Chen worked in China Electric Equipment Group Co., Ltd., or CEEG, China Sunergy's affiliated company, where his last role was as general manager of the finance department. Prior to that, Chen was an accountant at Yangzhong Sub-branch of China Construction Bank from 1997 to 2002. Mr. Chen graduated from Yanshan University in Hebei, China with a bachelor's degree in industrial management engineering in 1997. He is currently a PRC Certified Public Accountant.

Stephen Cai , China Sunergy's CEO and also one of the executive directors, said: "Mr. Chen has excelled as acting CFO and we are pleased to officially confirm Yongfei Chen 's appointment to this key position. We will benefit from his knowledge, experience, and network, and we expect that his further service to CSUN will provide us valuable continuity. Chen has the Board's full support to serve in this decision-making role, and we believe he will contribute to our future success."

"I am honored to be appointed as the CFO of China Sunergy," commented Mr. Chen. "I am deeply committed to China Sunergy's long-term success, and I will be able to continue to play a key role in the Company's expansion and development."

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                           
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