SHANGHAI, Sept. 15, 2014 /PRNewswire/ -- Hanwha SolarOne
Co. Ltd. (the "Company", or "Hanwha SolarOne"), a top-10 global
photovoltaic manufacturer of high-quality, cost-competitive solar
modules, today announced that DK Kim will return to the company as
Chief Commercial Officer (CCO) effective immediately. Mr. Kim had
previously served as Chief Strategy Officer of Hanwha SolarOne from
December 2011 until July 2013 and was a member of the Board of
Directors from December 2010 until
July 2013. Mr. Kim is joining from
another Hanwha Group solar portfolio company Hanwha Q CELLS, where
he served as Chief Strategic Marketing Officer since August of
2013. While at Hanwha Q CELLS Mr. Kim was instrumental in
developing new markets for the company, expanding downstream
business opportunities, and returning the company to
profitability.
DK Kim noted, "I am pleased to return to Hanwha SolarOne and
contribute to improving the company's commercial presence in a
number of important markets. These include Japan, where we have a first-mover advantage
and strong brand, and the growing China market, where we intend to build a
larger presence including downstream opportunities. With the price
of solar systems beginning to approach grid parity in a number of
countries throughout the world, we are prepared to expand the
Hanwha brand into new emerging markets including Africa, the Middle
East and Latin and South
America."
About Hanwha
SolarOne
Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is one of the top 10
photovoltaic module manufacturers in the world, providing
cost-competitive, high quality PV modules. It is a flagship company
of Hanwha Group, one of the largest business enterprises in
South Korea. Hanwha SolarOne
serves the utility, commercial, government and residential markets
through a growing network of third-party distributors, OEM
manufacturers and system integrators. The company maintains a
strong presence worldwide, with a global business network spanning
Europe, North America, Asia, South
America, Africa and the
Middle East. As a responsible
company committed to sustainability, Hanwha SolarOne is an active
member of the PV Cycle take-back and recycling program. For more
information, please visit: www.hanwha-solarone.com.
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. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Among other things, the quotations from management in this press
release and the Company's operations and business outlook, contain
forward-looking statements. Such statements involve certain risks
and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Further
information regarding these and other risks is included in Hanwha
SolarOne's filings with the U.S. Securities and Exchange
Commission, including its annual report on Form 20-F. Except as
required by law, the Company does not undertake any obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
SOURCE Hanwha SolarOne Co., Ltd.