SHANGHAI, Feb. 11, 2011 /PRNewswire/ -- Hanwha SolarOne
Co., Ltd. (f/k/a Solarfun Power Holdings Co., Ltd., or "Hanwha
SolarOne" or the "Company") (Nasdaq: SOLF), a vertically integrated
manufacturer of silicon ingots, wafers and photovoltaic ("PV")
cells and modules in China, today
announced that it will begin trading under a new NASDAQ ticker
symbol, "HSOL," which will take effect when the market opens on
February 15, 2011.
Dr. Peter Xie, President and CEO
of the Company, commented, "Our new ticker, HSOL, represents the
completion of our corporate rebranding effort, following last
year's significant investment from Hanwha Chemical Corporation and
our company's subsequent name change to 'Hanwha SolarOne Co., Ltd.'
on December 20, 2010. Similar
to the new company name, the HSOL ticker conveys Hanwha SolarOne's
enhanced capabilities and synergies with our largest shareholder,
and we believe its implementation will fully solidify our new
identity on the trading floor."
SAFE HARBOR STATEMENT
This press release contains forward-looking statements.
These statements constitute "forward-looking" statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve
inherent risks and uncertainties and actual results may differ
materially from such estimates depending on future events and other
changes in business climate and market conditions. Hanwha
SolarOne disclaims any obligation to update or correct any
forward-looking statements.
About Hanwha SolarOne
Hanwha SolarOne Co., Ltd., f/k/a Solarfun Power Holdings Co.,
Ltd. (NASDAQ: SOLF) is a vertically integrated manufacturer of
silicon ingots, wafers, PV cells and modules. Hanwha SolarOne
offers high-quality, reliable products and services at competitive
prices. Partnering with third party distributors, OEM
manufacturers, and system integrators, Hanwha SolarOne serves the
utility, commercial/government, and residential markets. The
company maintains a strong worldwide presence with employees
located throughout Europe,
North America, and Asia and embraces environmental responsibility
and sustainability with an active role in the voluntary
photovoltaic recycling program. The Company benefits from its
strategic partnership with its largest shareholder Hanwha Group who
is active in solar project development and financing and plans to
produce polysilicon in the future. For more information visit:
www.hanwha-solarone.com.
SOLF-G
For further information, please
contact:
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Investor Contact:
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Paul Combs
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V.P. Strategic
Planning
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Building 1, 18th
Floor
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1199 Minsheng Road, Shanghai,
PRC 200135
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P. R. China
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Tel: 86-21-3852 1533 /
Mobile: 86 138 1612 2768
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E-mail:
paul.combs@hanwha-solarone.com
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Christensen
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Kathy Li
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Tel: +1 480 614
3036
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E-mail:
kli@ChristensenIR.com
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Tip Fleming
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Tel: + 852 9212
0684
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E-mail:
tfleming@ChristensenIR.com
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SOURCE Hanwha SolarOne Co., Ltd.