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Suntech Power Reports Third Quarter 2006 Financial Results
    -- Third quarter total net revenue was up 27.2 % sequentially and 187.8%
       year-over-year to $163.0 million. Non-GAAP(1) Suntech Group net income
       grew 11.7% sequentially and 164.5% year-over-year to $32.8 million, or
       $0.21 per non-GAAP diluted American Depository Share (ADS).
    -- Excluding newly acquired MSK, Suntech's third quarter total net revenue
       was up 15.9% sequentially and 162.2% year-over-year to $148.5 million.
       Non-GAAP net income excluding MSK grew 13.5% sequentially and 168.8%
       year-over-year to $33.3 million, or $0.22 per non-GAAP diluted ADS.
    -- Suntech excluding MSK increased annualized PV cell production capacity
       from 210MW to 270MW.
    -- Construction commenced at the Company's Phase II facility in Wuxi which
       is expected to accommodate up to 1,000MW future production capacity.
    -- Building upon its 180 micron thick wafer production capabilities,
       Suntech made advances in production technology capable of utilizing 150
       micron thick wafers.
    -- Suntech and the University of New South Wales signed a new $1.2 million
       collaborative research agreement through 2007 with a $3 million
       extension through 2010.

Note 1: All non-GAAP measures exclude share-based compensation expenses and the amortization expenses incurred from purchase price allocation related to the acquisition of MSK Corporation as of August 11, 2006. For further details on non-GAAP measures, please refer to the reconciliation table and a detailed discussion of management's use of non-GAAP information below.

WUXI, China, Nov. 20 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced total net revenue for the third quarter 2006 of $163.0 million and net income for the same quarter of $28.7 million, or $0.19 per diluted American Depository Share (ADS). Non-GAAP Group net income for the third quarter 2006 was $32.8 million, or $0.21 per non-GAAP diluted ADS.

"Suntech experienced another quarter of strong growth in our core business within a silicon constrained environment. We continued to outpace our production capacity expectations through increased silicon purchases in the spot market and we achieved broad sales wins and expanded market share in our increasingly diverse PV markets," said Dr. Zhengrong Shi, Suntech's Chairman and CEO.

Dr. Shi added, "The long-term silicon wafer supply agreements we recently entered into are favourably priced relative to spot market prices. In fact, in 2007 a majority of our silicon supply is expected to come from our multiple long-term silicon supply agreements. This will help ensure that Suntech achieves its growth objectives and will enhance Suntech's competitiveness and profit leadership as PV module prices are reduced in the future."

Commenting on MSK Corporation's results, Dr. Shi said, "MSK's results were lower than our expectations as they experienced an unexpected shortfall in PV cell supplies during the quarter and moved to GAAP standard accounting methods. Looking forward, increased integration of Suntech's operations into MSK's production is expected to facilitate significant increases in MSK's profitability as we expand sales of high margin BIPV products in MSK's key geographies, particularly Japan and Europe."

Dr. Shi noted that the Company anticipates achieving key milestones of its 180-day MSK integration plan earlier than scheduled. Synergies are expected to be realized from alignment of sales and marketing initiatives, sales channels and customer bases, as well as cost reduction from consolidation of back- office functions and sharing of best practices in production and R&D. Areas of early progress include refining marketing strategies, joint sales channel initiatives, implementing the Sarbanes-Oxley audit project and the installation of Suntech's ERP system at MSK.

    Additional Business Highlights
    -- The majority of Suntech's silicon supply in 2007 is expected to come
       from multiple long-term silicon supply agreements with an average wafer
       cost measurably below 2006 current spot market prices.  Suntech has
       secured multi-year silicon wafer supply agreements set to begin in 2007
       with MEMC, REC and several leading China-based silicon suppliers.
    -- Suntech continued to execute upon its long term strategy of
       diversifying sales among various geographical regions and distributors.
       During the third quarter of 2006, sales to Spain grew to 11.6% of total
       sales for the quarter, compared with 9.6% in the second quarter of 2006.
       In addition, Suntech continued to build relationships with key
       distributors in the United States and recently secured a multi-year
       contract to supply PV modules with an aggregate output of up to 25.5MW.
    -- Suntech is on track to begin construction in early 2007 on
       manufacturing and R&D facilities in Shanghai to produce new thin film
       solar technologies and value-added PV solutions. These facilities are
       expected to begin ramping up production in 2008 with a capacity of 20MW
       to 40MW.
    -- In October 2006, Suntech continued to expand its system integration
       presence in China with the establishment of Shenzhen Suntech, which has
       already secured initial commitments for several solar power grid
       integration projects.
    -- Suntech's CEO Dr. Shi established the China Solar Photovoltaic Suntech
       Prize, an annual award to honor engineers, scientists, entrepreneurs
       and government officials who have made substantial contributions to the
       development of China's PV industry.
    -- Suntech's CTO Dr. Stuart Wenham received the 2006 World Technology
       Award in recognition of innovation for Suntech's special semiconductor
       finger technology that Dr. Wenham architected. This follows the award
       granted by the 15th International PV Science and Engineering Conference
       to Dr. Shi in 2005 for outstanding promotion of international science
       and engineering.

    Third Quarter 2006 Group Results
    Income Statement Summary (In $ millions, except for per ADS data)

                                Suntech          Suntech          Suntech Non-
                                 Group           Group Non-          GAAP
                                 GAAP              GAAP             Excluding
                                                                      MSK
    Net revenues                163.0              163.0             148.5
    Gross profit                 37.2               38.0              38.6
    Income from
    operations                   25.3               29.8              31.6
    Net income                   28.7               32.8              33.3
    Net income per
    diluted ADS                 $0.19              $0.21             $0.22

    Suntech Group Results for the Third Quarter of 2006 Excluding MSK

Suntech Group's net revenues excluding MSK for the third quarter of 2006 were $148.5 million, an increase of 15.9% sequentially and 162.2% year-over- year. Excluding MSK, Suntech recorded a non-GAAP gross profit of $38.6 million, representing an increase of 5.4% over the second quarter of 2006 and 122.9% over the third quarter of 2005. Non-GAAP gross margin excluding MSK, for the third quarter of 2006 was 26.0%, compared with 28.6% in the second quarter of 2006 and 30.6% in the third quarter of 2005. Gross margins excluding MSK in the third quarter 2006 decreased primarily due to the increase in the cost of silicon as Suntech purchased additional silicon from the spot market in order to accelerate production and expand its market share. Excluding MSK, Suntech's non-GAAP income from operations for the third quarter of 2006 was $31.6 million and the operating margin for the quarter was 21.3%, compared with 24.2% in the second quarter of 2006 and 24.8% in the third quarter of 2005. Additional operating expenses were incurred during the quarter to broaden the geographical sales regions and further the MSK integration. Excluding MSK, non-GAAP net income attributable to holders of ordinary shares for the third quarter of 2006 was $33.3 million, or $0.22 per non-GAAP diluted ADS.


    Breakdown of Third Quarter 2006 Net Revenues (Excluding MSK) (In $
millions)

                                Q3 2006      % of Q3      Growth       Growth
                                 US$         2006 Net     vs. Q3       vs. Q2
                            (in millions)    Revenues      2005         2006
    PV Cells                     39.9         26.8        185.4         14.7
    Standard PV
    Modules                     107.9         72.7        156.0         16.9
    PV System
    Integration,
    BIPV and Others               0.7          0.5           43        -35.0
    Total                      $148.5       100.0 %     +162.2 %      +15.9 %

Suntech excluding MSK shipped 40.0MW of PV cells and modules during the quarter; average sales prices for PV cells and PV modules were $3.34 and $3.86 per watt, respectively, compared with $3.22 and $3.78 per watt, respectively, in the second quarter of 2006 and $3.10 and $3.34, respectively, in the third quarter of 2005.

Suntech Group Consolidated Results for the Third Quarter of 2006 Including MSK

Suntech Group's non-GAAP gross profit for the third quarter of 2006 was $38.0 million and the non-GAAP gross margin was 23.3%. Non-GAAP income from operations for the third quarter of 2006 was $29.8 million and the non-GAAP operating margin was 18.3%.

As of September 30, 2006, Suntech had cash and cash equivalents of $314.2 million compared with $312.8 million at the end of the second quarter of 2006. Short-term debt rose to $212.7 million at the end of the third quarter of 2006 from $82.8 million at the end of the second quarter of 2006 primarily as a result of the $100 million bridge loan obtained in connection with the MSK acquisition. The ongoing short-term debt is related to transactions made by the Company to address issues relating to foreign currency controls of the PRC Renminbi. Capital expenditures were $15.7 million in the third quarter of 2006 which were primarily related to production capacity expansion.

    New Senior Hires
    -- Mr. Steven Chan joined Suntech in September 2006 as its Vice President
       of Business Development.  Mr. Chan's responsibilities include heading
       the investor relations function as well as focusing on key corporate
       initiatives such as strategic partnerships, investments and mergers and
       acquisitions.  Prior to joining Suntech, Mr. Chan worked at CDC Corp.,
       most recently serving as its Acting CEO and General Counsel.  Prior to
       that, Mr. Chan was a New York-qualified corporate attorney with
       Morrison & Foerster LLP and Milbank, Tweed, Hadley & McCloy LLP.  Mr.
       Chan graduated from the University of California at Berkeley and also
       received a JD law degree from the Boston College Law School.
    -- Ms. Vivian Chan joined Suntech in November 2006 as Financial Controller
       of MSK. Before joining MSK, Ms. Chan was Financial Controller at Dell
       Japan. Ms. Chan has more than 15 years experience in areas including
       Sarbanes Oxley compliance, GAAP, corporate governance, internal audit,
       business planning and financial reporting. Ms. Chan was also an auditor
       with Deloitte.  Ms. Chan graduated from the Chinese University of Hong
       Kong and is a fellow member of the ACCA.
    -- Mr. YK Chang joined Suntech in September 2006 as Director of
       Operations/Production. Mr. Chang's responsibility is to focus on
       ensuring that the production teams meet Suntech's capacity growth
       objectives.  He brings with him rich experience in industrial
       production management including plant layout, production control
       planning, productivity monitoring, and quality control measures. Prior
       to joining Suntech, Mr. Chang acted as Operations Director for Pentex-
       Schweizer Circuits for over 16 years. Mr. Chang received certificates
       and diplomas in Mechatronics, Industrial Management and Mechanical
       Engineering.
    -- Mr. Zhi Hao joined Suntech as Investment Controller in September 2006.
       Mr. Hao was previously a Senior Manager with PricewaterhouseCoopers
       Corporate Finance in Singapore, specializing in financial advisory on
       cross-border M&A and capital market transactions. From 2003 to 2005, Mr.
       Hao was a Manager with Daiwa Securities SMBC Singapore, and from 2002
       to 2003, he served as an Investment Analyst with Kim Eng Securities in
       Singapore. Mr. Hao received an MBA degree from the National University
       of Singapore.

    Annual General Meeting

Suntech will convene its annual general meeting of shareholders on December 22, 2006. Ordinary shareholders of record as of November 10, 2006 will be entitled to attend the meeting.

Outlook for Fourth Quarter 2006

Based on current operating and other conditions, Suntech expects its total net revenue, excluding MSK, in the fourth quarter 2006 to be in the estimated range of $166 million to $170 million, representing year-over-year growth of 87% to 91%.

Suntech expects its total production output, excluding MSK, to be in the estimated range of 45MW to 46MW in the fourth quarter of 2006 and 250MW for the full year 2007.

In the fourth quarter 2006, MSK is expected to contribute $60 to $64 million, or approximately 27% to Suntech's total net revenue, and production output to be in the estimated range of 14MW to 15MW. In 2007, the Company expects the volume of PV modules shipped by MSK to be flat to down as it focuses on growing the sales of MSK's higher value-added BIPV products.

Conference Call Information

Suntech's earnings announcement conference call will take place on November 20, 2006 at 8:00 a.m., Eastern Time, which corresponds to November 20, 2006 at 9:00 p.m., Beijing/Hong Kong time. To access the conference call, please dial +1 617 213 8845 (for U.S. callers) or +852 3002 1672 (for international callers) and ask to be connected to the Suntech earnings conference call.

A live webcast of the conference call will be available on the investor relations section of Suntech Power's website at http://www.suntech-power.com .

A replay of the conference call will be available on the investor relations section of Suntech Power's website or by dialing +1 617 801 6888 (passcode: 10412557).

About Suntech

Suntech Power Holdings Co., Ltd. is a leading global solar energy company 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 Japan's largest PV manufacturers and 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, Japan, China and the United States. For more information, please visit http://www.suntech-power.com .

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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 business outlook and quotations from management in this announcement, as well as Suntech's strategic and operational plans, contain forward-looking statements. Such statements involve inherent 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 annual report on Form 20-F filed with the U.S. Securities and Exchange Commission which can be found on Suntech's website at http://www.suntech-power.com . Suntech does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, Suntech uses the following non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to share-based compensation and the purchase price allocation effect related to the MSK Corporation acquisition. Management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in Suntech's core business across different reporting periods on a consistent basis, independently of stock-based compensation expenses and the purchase price allocation effect related to the MSK acquisition. Thus, the non-GAAP financial measures provide investors with another method for assessing Suntech's operating results in a manner that is focused on the performance of its ongoing operations. Management also uses these non-GAAP measures internally to make an apples-to-apples comparison of the business and financial performances of current and historical results, for strategic decision making, forecasting future results and evaluating the Company's current performance. Many analysts covering Suntech use the non-GAAP measures as well. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies. For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures" set forth at the end of this release and which shall be read together with the preceding financial statements prepared under GAAP.

Note: The quarterly consolidated income statements are unaudited. The summary consolidated balance sheet as of September 30, 2006 is derived from Suntech's unaudited consolidated financial statements. The summary consolidated balance sheet data as of December 31, 2005 is derived from Suntech's audited consolidated financial statements. The condensed income statements of reportable segments is also unaudited.


                         SUNTECH POWER HOLDINGS CO., LTD.
                            CONSOLIDATED BALANCE SHEETS
                                    (In $'000)

                                               Suntech Group     Suntech Group
                                                Consolidated      Consolidated
                                                December 31,      September 30,
                                                    2005              2006
                                                                   Unaudited
    ASSETS
    Current assets:
      Cash and cash equivalents                    359,324           314,178
      Restricted cash                                7,997            21,489
      Inventories                                   40,428           134,171
      Accounts receivable                            1,660            44,781
      Other receivables                              2,408             3,641
      Value-added tax recoverable                      339            12,365
      Advances to suppliers                         24,001            87,471
      Deferred tax assets                              322               350
      Short-term investment                             --             2,937
    Total current assets                           436,479           621,383

    Property, plant and equipment, net              39,718           103,312
    Intangible assets, net                           2,923            80,865
    Goodwill                                           135            22,654
    Investments in affiliates                        1,059             2,704
    Non-current advances to suppliers
     and other assets                                   --            16,084
    Non-current receivables                             --            21,875
    Deferred compensation charges
     to suppliers                                       --           117,828
    Deferred tax assets                              1,350             2,668

    TOTAL ASSETS                                   481,664           989,373

    LIABILITIES AND SHAREHOLDERS' EQUITY
    Current liabilities:
      Short-term borrowings, including
       current portion of long-term bank
       borrowings                                   52,193           215,223
      Accounts payable                               3,522            17,857
      Other payables                                 4,770            14,962
      Payables in  respect of purchase of
       property, plant and equipment                   550             4,153
      Advances from customers                        3,059             4,943
      Accrued payroll and welfare                    1,408             2,672
      Government grants                              4,107             4,528
      Amounts due to related parties                   468               191
      Income tax payable                             1,899             2,667
      Deferred taxes liability                          --                70
    Total current liabilities                       71,976           267,266

    Long-term bank borrowings                        3,717            38,505
    Accrued warranty costs                           2,619             6,954
    Other liabilities                                   --            12,472

    Deferred tax liability                              --            30,948
    Total liabilities                               78,312           356,145

    Minority interest                                1,429            22,439

    Shareholders' equity:
      Ordinary share of par value $0.01:
       authorized 465,332,948 shares;
       147,487,707 and 149,529,163 shares
       issued and outstanding as of
       December 31, 2005 and as of
       September 30, 2006, respectively              1,475             1,495
      Additional paid-in capital                   364,043           483,815
      Deferred compensation                        (12,716)               --
      Retained earnings                             47,603           122,187
      Accumulated other comprehensive
       income                                        1,518             3,292
    Total shareholders' equity                     401,923           610,789

    TOTAL LIABILITIES AND SHAREHOLDERS'
     EQUITY                                        481,664           989,373



                         SUNTECH POWER HOLDINGS CO., LTD.
                          CONSOLIDATED INCOME STATEMENT (*)
              (In $'000, except share, per share, and per ADS data)

                                     Suntech Group Suntech Group Suntech Group
                                     Consolidated   Consolidated  Consolidated
                                         2005          2006          2006
                                          Q3            Q2            Q3
                                      Unaudited     Unaudited     Unaudited
    Net revenues                        56,624       128,154       162,969
    Total cost of revenues              39,728        92,034       125,742

    Gross profit                        16,896        36,120        37,227

    Operating expenses
    Selling expenses                     1,017         1,547         2,889
    General and administrative expenses  4,720         4,751         7,050
    Research and development expenses      826         1,632         2,038

    Income from operations              10,333        28,190        25,250
    Interest expenses                     (570)       (1,177)       (1,869)
    Interest income                         25         3,030         4,119
    Other income (expense)                (161)       (1,387)        1,707

    Income before income taxes           9,627        28,656        29,207
    Tax provision                         (859)       (2,153)       (1,617)

    Net income after taxes before minority
     interest and equity in earnings of
     affiliates                          8,768        26,503        27,590
    Minority interest                       (5)          (30)          301
    Equity in (loss) earnings of
     affiliates                           (103)           63           838

    Net income                           8,660        26,536        28,729
    Deemed dividend on Series A
     Redeemable convertible preferred
     shares                               (972)            --           --
    Net income attributable to holders
     Of ordinary shares                  7,688         26,536       28,729

    Net income per share and per ADS:
    - Basic                               0.09           0.18         0.19
    - Diluted                             0.07           0.17         0.19

    Shares used in computation:
    - Basic                         90,000,000    148,240,382  148,324,230
    - Diluted                      128,342,026    156,012,742  154,930,224

(*) Purchase price allocation is preliminary and will be finalised by the end of this year.




                       SUNTECH POWER HOLDINGS CO., LTD.
              CONSDENSED INCOME STATEMENT OF REPORTABLE SEGMENTS
                                  (In $'000)

                                             MSK
                                           Corporation
                                 Suntech   Excluding     Effect
                                  Group    Effect of   of Purchase
                                Excluding   Purchase     Price       Suntech
                                   MSK      Price       Allocation   Group
                               Corporation Allocation             Consolidated
                                  2006        2006        2006        2006
                                   Q3          Q3          Q3          Q3
                               Unaudited    Unaudited   Unaudited   Unaudited
    Net revenues                148,482      14,488          --      162,970
    Total cost of revenues      110,194      15,091         458      125,743

    Gross profit                 38,288        (603)       (458)      37,227

    Operating expenses
    Selling expenses              2,509         380          --        2,889
    General and administrative
     expenses                     5,689         807         554        7,050
    Research and development
     expenses                     2,004          34          --        2,038
    Income from operations       28,086      (1,824)     (1,012)      25,250

    Interest expenses            (1,330)       (508)        (31)      (1,869)
    Interest income               4,055          64          --        4,119
    Other income                    140       1,494          73        1,707

    Income before income taxes   30,951        (774)       (970)      29,207
    Tax provision                (2,029)        (13)        425       (1,617)

    Net income after taxes before
     minority interest and equity
     in earnings of affiliates   28,922        (787)       (545)      27,590
    Minority interest                40         261          --          301
    Equity in earnings
     Of affiliates                  838          --          --          838

    Net income                   29,800        (526)       (545)      28,729




  Reconciliations of non-GAAP results of operations measures to the nearest
                         comparable GAAP measures (*)
  (in $ millions, except margin data, per share and per ADS data, unaudited)

                                         Three months ended September 30, 2005
                                                                       Suntech
                                          Suntech Share-    Effect of  Group
                                           Group  based    Purchase    Non-
                                           GAAP   Compen    Price      GAAP
                                          Results sation   Allocation Results
    Gross profit                            16.9   0.4        --         17.3
    Gross margin                           29.8%                         30.6%

    Income from operations                  10.4   3.7        --         14.1
    Income from operations margin          18.2%                         24.8%

    Net income attributable to holders of
     ordinary shares                         8.7   3.7        --         12.4
    Net income margin                      15.3%                         21.9%

    Net income per share and per ADS
    -Basic                                  0.09                         0.13
    -Diluted                                0.07                         0.10



                                            Three months ended June 30, 2006
                                                                       Suntech
                                          Suntech Share-    Effect of   Group
                                           Group  based     Purchase    Non-
                                           GAAP   Compen    Price      GAAP
                                          Results sation  Allocation Results
    Gross profit                            36.1   0.5        --         36.6
    Gross margin                           28.2%                         28.6%

    Income from operations                  28.2   2.8        --         31.0
    Income from operations margin          22.0%                         24.2%

    Net income attributable to holders of
     ordinary shares                        26.5   2.8        --         29.3
    Net income margin                      20.4%                         22.9%

    Net income per share and per ADS
    -Basic                                  0.18                         0.20
    -Diluted                                0.17                         0.19



                                   Three months ended September 30, 2006

                                                                      Suntech
                                              Effect                   Group
                                                Of     Suntech       Excluding
                                Suntech Share- Purchase Group
                                 Group  based  Price     Non-            Non-
                                 GAAP   Compen Alloc    GAAP     MSK     GAAP
                                Results sation ation  Results Results Results
    Gross profit                 37.2    0.3    0.5    38.0     0.6    38.6
    Gross margin                 22.8%                 23.3%           26.0%

    Income from operations       25.3    3.5    1.0    29.8     1.8    31.6
    Income from operations
     margin 15.5%                18.3%         21.3%

    Net income attributable to
     Holders of ordinary shares   28.7   3.5    0.6    32.8     0.5    33.3
    Net income margin             17.6%                20.1%           22.4%

    Net income per share and
     per ADS
      -Basic                      0.19                  0.22            0.22
      -Diluted                    0.19                  0.21            0.22

      (*) The adjustment is for share-based compensation and amortization
          expenses incurred from purchase price allocation related to the
          acquisition of MSK Corporation.

    For more information, please contact:

    In China:
     Steven Chan
     VP of Business Development
     Suntech Power Holdings Co., Ltd.
     Tel:   +86-510-8531-8910
     Email: ir@suntech-power.com

     Rory Macpherson
     Senior Associate
     Ogilvy Public Relations Worldwide
     Tel:   +86-10-8520-6553
     Email: rory.macpherson@ogilvy.com

    In the United States:
     Thomas Smith
     Senior Vice President
     Ogilvy Public Relations Worldwide
     Tel:   +1-212-880-5269
     Email: thomas.smith@ogilvypr.com
SOURCE  Suntech Power Holdings Co., Ltd.
    -0-                  11/20/2006
    /CONTACT:  In China - Steven Chan, VP of Business Development of Suntech
Power Holdings Co., Ltd., +86-510-8531-8910, or ir@suntech-power.com; or Rory
Macpherson, Senior Associate, Ogilvy Public Relations Worldwide,
+86-10-8520-6553, or rory.macpherson@ogilvy.com, or in the United States -
Thomas Smith, Senior Vice President, +1-212-880-5269, or
thomas.smith@ogilvypr.com, both of Ogilvy Public Relations Worldwide, for
Suntech /
    /Web Site:  http://www.suntech-power.com /
    (STP)

CO:  Suntech Power Holdings Co., Ltd.
ST:  China
IN:  CPR OIL UTI ECP
SU:  CCA ERN



CL
-- CNM019 --
7114 11/20/2006 07:57 EST http://www.prnewswire.com