WUXI, China, Sept. 21 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co.,
Ltd. (NYSE: STP), one of the world's leading manufacturers of photovoltaic (PV)
cells and modules, announced today that Dr. Zhengrong Shi, Suntech's Chairman
and CEO, has been selected as the Corporate Citizen of the Year for his
contribution to the development of the solar industry.
The award was presented to Dr. Shi at the China Business Leaders Awards
2007 (CBLA) ceremony in Shanghai on September 20, 2007. The award ceremony
was broadcast by CNBC and CBN live to an international audience.
''It is a great honor to be selected as the Corporate Citizen of the
Year,'' said Dr. Shi. ''Since founding Suntech in 2001, it has been my vision
to introduce clean and renewable solar energy into all parts of the world to
help reduce global dependency on fossil fuels and encourage sustainable
Dr. Shi added, ''At Suntech, we are committed to this vision and are
continually working with governments, businesses and industry associations to
make this vision a reality.''
Dr. Shi was selected by an independent panel of world-respected management
strategists, academics and corporate personalities. Winners of the CBLA will
be considered for awards at the Asia Business Leaders Awards 2007 (ABLA).
About The China Business Leaders Award
The China Business Leaders Awards 2007 (CBLA) recognizes excellence in
business leadership. Recipients of the Awards are visionary leaders behind
today's most outstanding businesses. They are inspiring individuals who
epitomize strength, ingenuity, knowledge, vision and represent the ''best of
the best'' in China.
Winners of the CBLA will compete as finalists at the Asia Business Leaders
Awards 2007 (ABLA). Founded by CNBC in 2001, the ABLA is a world-class event
that recognizes and celebrates the spirit of achievement and excellence in
business leadership in Asia.
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the
world as measured by both production output and capacity of solar cells and
modules. Suntech provides solar solutions for a green future. Suntech
designs, develops, manufactures, and markets a variety of high quality, cost
effective and environmentally friendly PV cells and modules for electric power
applications in the residential, commercial, industrial, and public utility
sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the
top-ranked companies in the building-integrated photovoltaics (BIPV) space.
Suntech's customers are located in various markets worldwide, including key
markets throughout Europe, North America, Japan and China. For more
information, please visit http://www.suntech-power.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. 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 Suntech's filings with the U.S. Securities and
Exchange Commission, including its annual report on Form 20-F. Suntech does
not undertake any obligation to update any forward-looking statement as a
result of new information, future events or otherwise, except as required
under applicable law.
For more information, please contact:
In the United States:
Sanjay M. Hurry
The Piacente Group, Inc.
Investor Relations Manager
Suntech Power Holdings Co., Ltd.