WUXI, China, Jan. 22 /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 a recipient of the Top 10 Entrepreneurs Award
for 2006 by CCTV, the largest official television station in China. The award
is given annually to honor China's top business leaders across a wide range of
industries including banking, high tech, retail, energy, finance and
''It is a great honor to receive CCTV's Top 10 Entrepreneurs Award for
2006,'' said Dr. Shi. ''Since founding Suntech in 2001, it has been my dream
not only to create a leading global solar company, but also to make an
important contribution to China's overall economic and social development.
With our hard work and commitment to investment in R&D, I am confident that
Suntech will continue to be an innovative leader in the solar industry, both
in China and worldwide.''
Dr. Shi continued, ''This award also demonstrates the importance China's
government and society places on developing clean, alternative energy sources
such as solar to ensure China's sustainable development.''
CCTV's Top 10 Entrepreneurs Award is the most prominent award recognizing
individuals who have made outstanding contributions to China's economic
development. Business leaders are selected based on demonstrated leadership
in social responsibility, innovation, and positive influence on China's
overall economic development.
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
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
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, Suntech's expectations with
respect increased government support and commitment to R&D highlighted above
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 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:
VP of Business Development
Suntech Power Holdings Co., Ltd.
Ogilvy Public Relations Worldwide
SOURCE Suntech Power Holdings Co., Ltd.
/CONTACT: Steven Chan, VP of Business Development of Suntech Power
Holdings Co., Ltd., +86-510-8531-8910, or firstname.lastname@example.org; or Rory
Macpherson, Senior Associate of Ogilvy Public Relations Worldwide,
+86-10-8520-6553, or email@example.com /
/Web Site: http://www.suntech-power.com /
CO: Suntech Power Holdings Co., Ltd.
IN: OIL TVN UTI
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