Press release from PR Newswire
Senior Management of Hanwha SolarOne Report Purchases of American Depositary Shares of the Company
Monday, June 18, 2012
Senior Management of Hanwha SolarOne Report Purchases of American Depositary Shares of the Company05:08 EDT Monday, June 18, 2012SHANGHAI, June 18, 2012 /PRNewswire/ -- Hanwha SolarOne Co., Ltd. ("SolarOne" or the "Company") (Nasdaq: HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules, today announced that three members of the senior management of the Company have reported to the Company that they have recently purchased for their own accounts an aggregate of 301,928 American Depositary Shares ("ADSs"), representing an aggregate equity interest of 0.36%, of the Company. These management members included Ki-Joon HONG, Chairman and Chief Executive Officer; Hee Cheul KIM, director and President; and Dong Kwan KIM, director and Chief Strategy Officer. Neither the purchasers nor the Company's directors or officers are required to, or undertake any obligation to, report any future transactions of the Company's ADSs to the Company or the public except as required by applicable law.About Hanwha SolarOneHanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is a vertically-integrated manufacturer of silicon ingots, wafers, PV cells and modules. Hanwha SolarOne offers high-quality, reliable products and services at competitive prices. Partnering with third-party distributors, OEM manufacturers, and systems integrators, Hanwha SolarOne serves the utility, commercial, government, and residential markets. The Company maintains a strong presence worldwide, with employees located throughout Europe, North America and Asia, and embraces environmental responsibility and sustainability, with an active role in the voluntary photovoltaic recycling program. Hanwha Group, Hanwha SolarOne's largest shareholder, is active in solar project development and financing, and plans to produce polysilicon in the future. For more information, please visit: http://www.hanwha-solarone.com.HSOL-GFor further information, please contact:Hanwha SolarOne Co., Ltd.Paul CombsV.P. of Investor RelationsTel: +86 21 3852 1533 / Mobile: +86 138 1612 2768Email: email@example.comMyung Sin ShimDirector Investor RelationsTel: +86 21 3852 1511 / Mobile: +86 186 0174 7263Email: Myung.Shim@hanwha-solarone.comChristensenTip FlemingTel: +852 9212 0684Email: tfleming@christensenIR.comTeal WillinghamTel: +86 131 2179 3446Email: twillingham@christensenIR.comwww.hanwha-solarone.com SOURCE Hanwha SolarOne Co., Ltd.