Xinyu City, China and Sunnyvale, CA, June 4, 2007 – LDK Solar Co., Ltd. (NYSE: LDK), a manufacturer of multicrystalline solar wafers, announced today that its Chairman and Chief Executive Officer, Xiaofeng Peng, and members of LDK’s management team rang the opening bell today on the New York Stock Exchange (NYSE), in celebration of the company’s initial public offering (IPO).LDK Solar’s shares began trading on the NYSE on June 1, 2007.
“Today is a landmark day for LDK Solar,” stated Xiaofeng Peng, Chairman and CEO. “We are very excited about becoming a publicly traded company on the NYSE. I share the celebration of this milestone with all our employees and I am honored to represent them on this special occasion.”
A registration statement relating to these securities was filed with and declared effective by the Securities and Exchange Commission. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
A copy of the final prospectus relating to the offering may be obtained from: Morgan Stanley & Co. Incorporated, Prospectus Department, 180 Varick Street, New York, NY 10014; Attention: Prospectus Department or by e-mail at prospectus@morganstanley.com or UBS Investment Bank, Prospectus Department, c/o Clint Lauriston, 299 Park Avenue, New York, NY 10171; telephone number: 212-821-3884, fax number: 212-821-3285, email: clint.lauriston@ubs.com.
About LDK Solar
LDK Solar Co., Ltd. is a manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK’s headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People’s Republic of China. The company’s office in the United States is located in Sunnyvale, California.
Safe Harbor Statement
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although LDK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risk and uncertainties that could cause actual results to differ materially from those projected.
For more information contact:
Lisa Laukkanen
The Blueshirt Group for LDK Solar
lisa@blueshirtgroup.com
Jack Lai
Executive VP and CFO
LDK Solar Co., Ltd.
IR@ldksolar.com