Solarfun Appoints Gareth Kung as Chief Financial Officer
November 25 2009 - 4:00AM
PR Newswire (US)
SHANGHAI, Nov. 25 /PRNewswire-FirstCall/ -- Solarfun Power Holdings
Co., Ltd. ("Solarfun" or "the Company") (NASDAQ:SOLF), a vertically
integrated manufacturer of silicon ingots and photovoltaic (PV)
cells and modules in China, today announced the appointment of
Gareth Kung as Chief Financial Officer, effective December 1, 2009.
Mr. Kung joins Solarfun from Semiconductor Manufacturing
International Corporation where he first worked as group treasurer
and subsequently as group controller, primarily in charge of
treasury and financing operations, financial reporting and
planning, budget control, Sarbanes-Oxley compliance and PRC and
international tax planning. Prior to that, Mr. Kung served as an
investment manager at AIG Investment Corporation in Hong Kong,
where he was responsible for the origination, structuring and
execution of private equity transactions in the Asia Pacific
region. From 1997 to 2000, Mr. Kung worked in the corporate banking
and capital markets division of ABN Amro Bank N.V., where he
executed debt financed transactions for corporations based in Hong
Kong and China. Mr. Kung worked at UOB Asia Limited from 1995 to
1997 and executed IPO and M&A transactions for Hong Kong-based
corporations. Between 1987 and 1993, Mr. Kung held positions as a
senior internal auditor at the Royal Bank of Canada and senior
auditor at Pricewaterhouse Coopers. Mr. Kung earned his MBA from
The University of Western Ontario and his bachelor degree in
Accountancy from National University of Singapore. He is a
Certified Public Accountant in Hong Kong, Australia and Singapore
as well as a Fellow of Association of Chartered Certified
Accountants. In addition, he is a Chartered Financial Analyst.
Peter Xie, President of Solarfun, commented, "We are excited to
welcome Gareth to our management team. Gareth's extensive
experience in dealing with the financial and operational aspects of
both technology and Chinese companies makes him well qualified to
join our management team. Gareth will play a critical role in
helping us achieve our growth objectives. We would also like to
thank Terry McCarthy for his important work in helping us through
this transition period as interim CFO. He will continue as a member
of the Company's board of directors." This report on Form 6-K is
hereby incorporated by reference into the Company's Registration
Statement on Form F-3 (Registration No. 333-152005) filed on July
14, 2008. About Solarfun Solarfun Power Holdings Co., Ltd.
manufactures ingots, PV cells and PV modules, and provides PV
module processing services to convert PV cells into PV modules.
Solarfun produces both monocrystalline and multicrystalline silicon
cells and modules. Solarfun sells its products both through
third-party distributors, OEM manufacturers and directly to system
integrators. Solarfun was founded in 2004 and its products have
been certified to meet TUV and UL safety and quality standards.
SOLF-G For further information, please contact: Solarfun Power
Holdings Co., Ltd. Paul Combs V.P. Strategic Planning 26F BM Tower
218 Wusong Road Shanghai, 200080 P. R. China Tel: 86-21-26022833 /
Mobile: 86 138 1612 2768 E-mail: Christensen Kathy Li Tel: +1 480
614 3036 E-mail: Roger Hu Tel: 852 2117 0861 E-mail: DATASOURCE:
Solarfun Power Holdings Co., Ltd. CONTACT: Paul Combs, V.P.
Strategic Planning of Solarfun Power Holdings Co., Ltd.,
86-21-26022833, Mobile, 86 138 1612 2768, ; or Kathy Li,
+1-480-614-3036, , or Roger Hu, 852 2117 0861, , both of
Christensen, for Solarfun Power Holdings Co., Ltd.
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