Development course of Wuxi Suntech Solar Energy Co., Ltd.

Suntech's products are favored all over the world and are widely used in communication, broadcasting, transportation, petroleum, lighting and other industries. Suntech has actively participated in and undertaken the World Bank project, the western bright project and the 2008 Beijing Green Olympics project (the solar power supplier for the Bird's Nest project of the Olympic Stadium), and its excellent productivity and product quality have been well received by domestic and foreign markets. The company is committed to the localization of photovoltaic industry chain and the large-scale development of photovoltaic industry in China. At the same time, it strives to accelerate the research pace of large-scale industrialization of the second-generation polysilicon thin-film solar cells and maintain its technological leading position in the photovoltaic industry.

Wuxi Suntech Solar Power Co., Ltd. completed the installation of the first polysilicon solar cell production line in September 2002. One year before the company was established, it was funded by the Wuxi Municipal Government for 6 million dollars. The initial production scale was very limited, only 10MW. Wuxi Suntech Solar Power Co., Ltd. has developed rapidly since its establishment, becoming the fourth largest solar cell manufacturer in the world. The output reached 270MW in 2006 and is expected to reach 470MW in 2007.

The company's main competitors are Sharp and Kyocera in Japan and Q-cells in Germany. Suntech Power has set its sights on 20 10, and plans to realize the production capacity of 1000, becoming one of the three largest solar energy producers in the world.

The company was listed on the new york Stock Exchange on June 5438+February 65438+February 04, 2005, with the issue price of $0/5 per share. Market value: 65438+97 million USD.