Trina Solar Passes SSE IPO Review

PVTIME - According to a Shanghai Stock Exchange announcement, the 4th annual Science and Technology Innovation Board review meeting held both onsite and in online format, has approved Trina Solar Co., Ltd’s IPO request. It is worth mentioning that Trina Solar is the first company to pass an IPO review via a cloud based meeting.

Founded in
1997, Trina Solar was one of the earliest solar
companies in China to list on the New York Stock Exchange. According to the “2019
Module Shipment Ranking” released by PVInfoLink, Trina Solar's global
PV shipments in 2019 exceeded 10GW, placing third in the world.

In 2019, the company realized revenue of
RMB 23.376 billion and achieved a net profit of RMB 702 million, a 22.61% year-on-year
increase. This performance increase in 2019 was mainly due to the company's growing
module and photovoltaic power station EPC business.

On January 22, 2020, the first batch of Trina
Solar’s newly developed module with large-size 210mm silicon wafers officially came of the
production line
and on February 27, Trina Solar held a global new product launch
conference, officially unveiling
the "210 Ultra-High-Power New Modules".