0001144204-14-018491.txt : 20140328 0001144204-14-018491.hdr.sgml : 20140328 20140328065607 ACCESSION NUMBER: 0001144204-14-018491 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140328 FILED AS OF DATE: 20140328 DATE AS OF CHANGE: 20140328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: China Sunergy Co., Ltd. CENTRAL INDEX KEY: 0001396247 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33433 FILM NUMBER: 14723218 BUSINESS ADDRESS: STREET 1: NO.123 FOCHENG WEST ROAD CITY: NANJING STATE: F4 ZIP: 211100 BUSINESS PHONE: (8625)5276 6890 MAIL ADDRESS: STREET 1: NO.123 FOCHENG WEST ROAD CITY: NANJING STATE: F4 ZIP: 211100 6-K 1 v373080_6k.htm FORM 6-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2014

 

 

 

Commission File Number: 001-33433

 

 

 

CHINA SUNERGY CO., LTD.

 

No. 123 Focheng West Road
Jiangning Economic & Technical Development Zone
Nanjing, Jiangsu 211100, People’s Republic of China
(86 25) 5276 6666
(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F x           Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):_____________________

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):_____________________

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨          No x

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A

 

 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  China Sunergy Co., Ltd.
   
  By:  /s/ Stephen Zhifang Cai
  Name:
Title:
Stephen Zhifang Cai
Chief Executive Officer

 

Date: March 28, 2014

 

 

 
 

 

Exhibit Index

  Page
Exhibit 99.1 – Press Release 1

 

 

 

EX-99.1 2 v373080_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

CSUN logo

 

 

China Sunergy Announces Resignation of an Independent Director

 

NANJING, China, March 28, 2014 /PRNewswire/ -- China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that Wenze Wang (“Mr. Wang”) has tendered his resignation as an independent director with effect from March 26, 2014 due to personal reasons. Upon his resignation, he also ceased to be a member of each of Corporate Governance and Nominating Committee and Compensation Committee of the Company. The Company is now in the process of identifying candidates for replacement independent director.

 

Mr. Wang confirmed that he had no disagreement with the board and there was no other matter that needs to be brought to the attention of the shareholders of the Company in relation to his resignation.

 

Commenting on Mr. Wang’s resignation, Mr. Tingxiu Lu, Chairman of China Sunergy, said, "On behalf of the Board of Directors, I would like to thank Mr. Wang for his long-time support of our business, and the valuable contributions he has made to improve our internal management and corporate governance."

 

About China Sunergy Co., Ltd.

 

China Sunergy Co., Ltd. (NASDAQ:CSUN) designs, manufactures and delivers high efficiency solar cells and modules to the world from its production centers based in China and Turkey. China Sunergy also invests in high potential solar projects. Founded in 2004, China Sunergy is well known for its advanced solar cell technology, reliable product quality, and excellent customer service.

 

For more information, please visit http://www.csun-solar.com.

 

Investor and Media Contacts:

 

Asia Bridge Group Limited
Wendy Sun
Phone: + 86-10-8556-9033
Email: wendy.sun@asiabridgegroup.com  

 

China Sunergy Co., Ltd.
CSUN Investor Relations  
Phone: + 86 25 5276 6696  
Email: ir@chinasunergy.com

 

 
 

 

Safe Harbor Statement

 

This announcement may contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts in this announcement are forward-looking statements. These forward-looking statements are based on current expectations, assumptions, estimates and projections about the Company and the industry, and involve known and unknown risks and uncertainties, including but not limited to, the Company's failure to maintain its listing qualification due to, among other things, volatility in the Company's ADS price; the Company's ability to raise additional capital or renew existing bank borrowings as they become due to finance the Company's activities; the Company's customers' financial condition and creditworthiness, and their ability to settle accounts receivables; the effectiveness, profitability, and the marketability of its products; litigations and other legal proceedings, including any decisions by the US International Trade Committee and Department of Commerce on the petitions filed; the economic slowdown in China and elsewhere and its impact on the Company's operations; demand for and selling prices of the Company's products, execution of our strategy to expand into downstream solar power businesses, the future trading of the common stock of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; future shortage or availability of the supply of raw materials; impact on cost-competitiveness as a result of entering into long-term arrangements with raw material suppliers and other risks detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. 

 

 

 

 

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