NSP Revenue for January Reached NT$2,424 million, setting a record high for the past 35 months since March 2011

Neo Solar Power Corporation (3576 TT) (“NSP”, or “the Company”), a world-class leading producer of high quality solar cells in Hsinchu, Taiwan, today announced that January revenues reached NT$ 2,424 million, setting a record high for the past 35 months with 195.43% YoY growth.

The continuous increase of revenues in January mainly results from strong market demand, slightly rising ASP of solar cell, and high capacity utilization rate.

Due to the rising market demand for high efficiency products, NSP continuously devotes to R&D and develops new products by means of its strong semiconductor industry experience and vast solar device physics expertise, which will help NSP to maintain the long-term leadership in
product efficiency and quality.

NSP Consolidated Revenue Report (Unit:NT Million)
Jan 2014 Dec 2013 MoM Nov 2014 YoY Accumulated Revenue 2015 Accumulated Revenue 2014 YoY
2,424 2,406 0.76% 820 195.43% 2,424 820 195.43%
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About Neo Solar Power Corporation (3576 TT) (NSP)

Founded in 2005 by Dr. Quincy Lin (former Senior VP of TSMC) and Dr. Sam Hong (former Director of ITRI Research Division), Neo Solar Power Corporation (NSP) is a leading manufacturer of high performance and high quality solar cells and modules. With core competitive advantages in quality, technology and customer service, NSP became the world’s largest merchant solar cell manufacturer by volume in 2013. After selling DelSolar to NSP, Delta Electronics (2308, TT) became the biggest shareholder of NSP with a 19% holding. Leveraging current leading position in solar cell technology, NSP will further expand into the global solar systems businesses, aiming to become the leading solar system integrator in the world. For more information, please visit the company’s website at www.nsp.com

For further information, please contact:

Ms. Shirley Chen
Investor Relations Dept.
Phone: +886-3-578-0011 ext. 20626 Email: shirley.chen@nsp.com

2017-08-31T16:00:09+00:00