SOLA Renesola

 
TIDMSOLA 
 
ReneSola Announces Management Appointments 
 
                              CFO to Become CSO; 
 
VP of International Corporate Finance and Corporate Communications to Serve as 
                                     CFO; 
 
         Company Appoints New VP of Finance and New VP of Wafer Sales 
 
JIASHAN, China, March 10 /PRNewswire-Asia/ -- ReneSola Ltd 
("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA), a leading global 
manufacturer of solar wafers and provider of solar module original equipment 
manufacturer ("OEM") services, today announced the following management 
appointments: 
 
(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030 ) 
 
=- Mr. Charles Bai, ReneSola's chief financial officer, has been appointed 
   chief strategy officer; 
 
=- Ms. Julia Xu, ReneSola's vice president of international corporate 
   finance and corporate communications, will succeed Mr. Bai as CFO; 
 
=- Mr. Henry Wang has been appointed vice president of finance; 
 
=- Mr. Stephen Huang has been appointed vice president of wafer sales. 
 
All management appointments have been approved by the Company's Board of 
Directors and will take effect as of April 1, 2010. 
 
Li Xianshou, ReneSola's chief executive officer, commented, "I am very pleased 
to announce several new updates to our management team. First, I would like to 
congratulate Charles on his move from CFO to CSO. Over the past four years, 
Charles has done an exceptional job overseeing and improving our financial 
management and internal controls while guiding us through our AIM and NYSE 
listings and leading our fund raising campaigns. In his new role as CSO, 
Charles will lead our strategic partnering initiatives by further developing 
and fostering relationships with global solar companies which will allow us to 
continue building upon our leading solar wafer and solar module OEM platform. 
Second, I am delighted that Julia will assume the role of CFO. Since joining 
ReneSola last year as vice president of international corporate finance and 
corporate communications, she has helped to strengthen our financial practice 
while becoming an integral part of our management team. Julia's in-depth 
understanding of ReneSola's business and extensive financial background will 
allow her to make a natural transition and I am very confident she will serve 
us well in her new role." 
 
Regarding the newly hired vice presidents of finance and wafer sales, Mr. Li 
added, "It is my pleasure to announce the additions of Mr. Henry Wang and Mr. 
Stephen Huang to ReneSola's management team. Their excellent track records and 
deep industry experience are excellent additions to our team and we look 
forward to capitalizing on their capabilities to further drive our business 
initiatives." 
 
Mr. Henry Wang has over 15 years of experience in financial services with 
extensive experience in accounting and mergers and acquisitions. Before joining 
ReneSola, Mr. Wang served as vice president of finance for Jiayu Logistic Group 
and financial controller for Expeditors International Incorporation. Mr. Wang 
holds CPA and CIA certifications and received his bachelor's degree from Wuhan 
University and MBA from Hong Kong Opening University. 
 
Mr. Stephen Huang, a former reserve officer for the Taiwan Marine Corps, has 
over 18 years of managerial and sales experience, including 15 years in the 
solar industry. Prior to joining ReneSola, Mr. Huang served as project director 
for Taipei County Solar City. Mr. Huang received his bachelor's degree in 
Agricultural Economics from Taiwan University. 
 
In addition to the management appointments announced above, Mr. Yuncai Wu will 
step down as vice president and serve solely as executive director. Dr. Mingde 
Wang has left the Company and will no longer serve as vice president of 
manufacturing. 
 
About ReneSola 
 
ReneSola is a leading global manufacturer of solar wafers. Capitalizing on 
economies of scale, low cost production capabilities and technology 
innovations, ReneSola leverages its in-house virgin polysilicon and solar cell 
and module production capabilities to provide its customers with high-quality, 
cost-competitive solar wafer products and solar module OEM services. The 
company possesses a global network of suppliers and customers that include some 
of the leading global manufacturers of solar cells and modules. ReneSola's 
shares are traded on the New York Stock Exchange (NYSE: SOL) and the AIM of the 
London Stock Exchange (AIM: SOLA). 
 
Safe Harbor Statement 
 
This press release contains statements that 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. 
Whenever you read a statement that is not simply a statement of historical fact 
(such as when we describe what we "believe," "expect" or "anticipate" will 
occur, what "will" or "could" happen, and other similar statements), you must 
remember that our expectations may not be correct, even though we believe that 
they are reasonable. We do not guarantee that the forward-looking statements 
will happen as described or that they will happen at all. Further information 
regarding risks and uncertainties that could cause actual results to differ 
materially from those in the forward-looking statements is included in our 
filings with the U.S. Securities and Exchange Commission, including our annual 
report on Form 20-F. We undertake no obligation, beyond that required by law, 
to update any forward-looking statement to reflect events or circumstances 
after the date on which the statement is made, even though our situation may 
change in the future. 
 
For investor and media inquiries, please contact: 
 
In China: 
 
ReneSola Ltd 
 
Ms. Julia Xu 
 
Tel: +86-573-8477-3372 
 
Email: julia.xu@renesola.com 
 
Ogilvy Financial, Beijing 
 
Mr. Derek Mitchell 
 
Tel: +86-10-8520-6284 
 
Email: derek.mitchell@ogilvy.com 
 
In the United States: 
 
Ogilvy Financial, New York 
 
Ms. Jessica Barist Cohen 
 
Tel: +1-646-460-9989 
 
Email: jessica.cohen@ogilvypr.com 
 
In the United Kingdom: 
 
Westhouse Securities Limited, London 
 
Mr. Tim Feather / Mr. Richard Baty 
 
Tel: +44-20-7601-6100 
 
Email: tim.feather@westhousesecurities.com 
 
richard.baty@westhousesecurities.com 
 
SOURCE ReneSola Ltd 
 
 
 
END 
 

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