SOURCE: Equity Markets Inc.

July 01, 2011 09:00 ET

Research Report on Hanwha SolarOne Co., Ltd. and JinkoSolar Holding Co., Ltd. - Bright Days Ahead for Solar

MACAU--(Marketwire - Jul 1, 2011) - Today, announced its research report highlighting Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) and JinkoSolar Holding Co., Ltd. (NYSE: JKS). Full content and research is available at

Considering recent forecasts from S&P Economics, research from industry and trade groups, and bottom-up analysis for semiconductor and solar companies, higher enterprise spending is expected, as well as improved consumer spending, increasing Internet usage, expansion of wireless communication, and the proliferation of semiconductors across a broad range of electronic products and markets driving chip demand. This also includes the demand for solar wafers and photovoltaic products. Plant utilization rates remaining in the high-80% to low-90% area as chipmakers align inventory with anticipated growth.

Equity Markets has reviewed Hanwha SolarOne Co., Ltd. as a manufacturer of silicon ingots, photovoltaic (PV) cells and PV modules. It also provides PV cell processing services and PV module processing services. It sells PV cells and PV modules both directly to system integrators and through third party distributors. During the year ended December 31, 2009, the Company sold its products to over 40 customers in Germany, the Czech Republic, Portugal, Australia and China. The Company conducts its business in China through its operating subsidiary Jiangsu Linyang Solarfun Co., Ltd. (Linyang China). The full research report on Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is available here:

Equity Markets is covering JinkoSolar Holding Co., Ltd. as a solar product manufacturer. The Company has built a vertically integrated solar product value chain from recovered silicon materials to solar modules. Its principal products are silicon wafers, solar cells and solar modules. The Company sells its products in China and to overseas markets. In June 2009, the Company acquired Zhejiang Jinko Solar Co., Ltd (Zhejiang Jinko). In October 2010, the Company established a United States subsidiary with an office in San Francisco, California. The full research report on JinkoSolar Holding Co., Ltd. (NYSE: JKS) is available here:

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