Neo Solar Power Corporation (“NSP”, or “the Company”, publicly listed on Taiwan Stock Exchange, Ticker: 3576 TT), announced September 2018 revenue of NT$ 1,023 million.
The lower revenue was result of delay revenue recognition in solar system segment. The Year-to-Date cumulative revenues reached NT$ 8,097 million as of September 2018, a 18.22% increase in YoY terms as opposed to NT$6,849 million of year 2017.
Gintech, Solartech, and NSP completed the merger, United Renewable Energy (URE) is in transformation stage, and will continue the industry integration, and lead the Taiwan solar industry into new 2.0 era. With system integration and module business, URE will be the first to take quantum leap to future growth.

NSP Consolidated Revenue Report (Unit:NT Million)
August 2018 July 2018 MoM August 2017 YoY Accumulated Revenue 2018 Accumulated Revenue 2017 YoY
1,107 607 82.33% 749 47.84% 7,074 5,800 21.97%
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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:

Contact:

Evelyn Hung Corporate Planning +886-2-2656-2000 #58163 evelyn.hung@urecorp.com

Shelly Yen Corporate Planning +886-2-2656-2000 #58132 shelly.yen@urecorp.com