Singulus Technologies AG

M&A Activity • Nov 7, 2018

News Details

Ad-hoc | 7 November 2018 08:25

SINGULUS TECHNOLOGIES signs during the China International Import Expo Show (CIIE) further Agreements for the Delivery of Production Systems for CIGS Solar Modules

SINGULUS TECHNOLOGIES AG / Key word(s): Disposal/Letter of Intent

SINGULUS TECHNOLOGIES signs during the China International Import Expo Show (CIIE) further Agreements for the Delivery of Production Systems for CIGS Solar Modules

07-Nov-2018 / 08:25 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Disclosure of Insider Information Pursuant to Art. 17 MAR

SINGULUS TECHNOLOGIES signs during the China International Import Expo Show (CIIE) further Agreements for the Delivery of Production Systems for CIGS Solar Modules

Kahl am Main/Shanghai, 07 November 2018 – During the International Import Expo Show (CIIE) in Shanghai, China, SINGULUS TECHNOLOGIES today signed a further letter of intent (LOI) for the delivery of more than 10 production machines for the manufacturing of

300 MW of CIGS thin-film solar modules.

After China National Building Materials, Peking (CNBM) signed already yesterday an agreement for the expansion of the manufacturing site in Bengbu, Province Anhui, today another agreement was signed for 300 MW manufacturing capacity for the city of Xuzhou in the province Jiangsu. The volume will amount also to a high double-digit million Euro amount. With this further agreement during the last two days a capacity for 600 MW was signed.

During the International Import Expo Show in Shanghai also a LOI was signed for the delivery of the missing five CISARIS selenisation furnaces for the second production site Meishan, province Sichuan.

SINGULUS TECHNOLOGIES is discussing with the costumer the final contracts for the delivery of the machines. Production and delivery of the machines should take place during 2019 and 2020.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,

D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Contact:

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279

Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924

Email: bernhard.krause@singulus.de

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07-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	SINGULUS TECHNOLOGIES AG
	Hanauer Landstrasse 103
	63796 Kahl am Main
	Germany
Phone:	+49 (0)1709202924
Fax:	+49 (0)6188 440-110
E-mail:	bernhard.krause@singulus.de
Internet:	www.singulus.de
ISIN:	DE000A1681X5, DE000A2AA5H5
WKN:	A1681X, A2AA5H
Listed:	Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service