Hanwha SolarOne’s CSO And Board Member Leaves The Company

Hanwha SolarOne Co., Ltd. (“SolarOne” or the “Company”) (Nasdaq: HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (“PV”) cells and modules in China, today announced that DK KIM, Chief Strategy Officer and a board member of Hanwha SolarOne, will resign from his positions effective August 1 and join Hanwha Q CELLS, a sister company also owned by Hanwha Chemical and a part of the growing network of solar entities under the Hanwha Group.

Mr. KIM played an integral role in developing Hanwha Group’s strategy to identify solar as an important growth engine for the business group and has been instrumental in the management of Hanwha SolarOne sinceDecember 2011.

In his new role as Chief Strategy Officer at Hanwha Q CELLS in Germany, Mr. KIM will focus on accelerating the further development of the company’s already strong technology position and global market leadership. He will also focus on strengthening the company’s presence in the important European market, as well as accelerate development of the company’s downstream strategy.


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