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Schweizer Electronic AG

Regulatory Filings Nov 29, 2011

384_rns_2011-11-29_fd1c9ad5-620f-403d-8a41-db3723f157e7.html

Regulatory Filings

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News Details

Corporate | 29 November 2011 13:15

Schweizer Electronic AG: SCHWEIZER welcomes Chinese Business Delegation in Schramberg – Agreement on intensifying the cooperation regarding Solar Projects

Schweizer Electronic AG / Key word(s): Miscellaneous

29.11.2011 / 13:15


SCHWEIZER welcomes Chinese Business Delegation in Schramberg – Agreement on intensifying the cooperation regarding Solar Projects

Schramberg, November 29, 2011 – Schweizer Electronic AG was hosting a delegation of Sino-Singapore Guangzhou Knowledge City (SSGKC) Investment and Development Co. Ltd. on November 25 in Schramberg. Only recently, SCHWEIZER closed two MoUs with this association about the projection of solar parks in two of the most important Eco Cities (Guangzhou Knowledge City and Nanjing Eco Hightec Island) in China. Together with their partners for the photovoltaic business, Schmid Group and Ralos New Energies AG, the company's management received a group of 10 delegates from China. Beyond detailed discussions about the planned projects, the delegation had the opportunity to experience on site the technologies and power of innovation of all involved partners, through fab tours and lectures.

Marc Bunz, CFO of Schweizer Electronic AG and Member of the Board of Schweizer Energy Pte. Ltd., summarizes the day as follows: 'The visit of our contractual partner from China represents a further step in our cooperation with the SSGKC. Beyond projects already agreed upon for the cities for Guangzhou and Nanjing, our discussions were targeting at expanding our cooperation by further projects in southern China, were High Efficiency Modules from our future Schweizer Energy production site in Nantong, China, will be applied.'

About Schweizer:

Schweizer Electronic AG is a leading manufacturer of premium PCBs, innovative solutions and services for automotive, solar and industry electronics. Based on recognized technology and consultancy competencies, SCHWEIZER's products and systems address central challenges in the areas of Power Electronics, Embedding and System Cost Reduction and are characterized by energy and environmentally friendly features. Together with its partners Contag GmbH and Meiko Electronics Co. Ltd. the company offers cost and production optimised solutions for small, medium and large series and within this network employs more than 13.000 people in Germany, Japan, China and Vietnam.

With about 750 employees SCHWEIZER achieved sales of 105.4 million Euro in Fiscal Year 2010 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart Stock Exchange (ticker symbol 'SCE', 'ISIN DE 000515623').

For further information please contact

Susanne Schorn

Media & Communications

Schweizer Electronic AG

Einsteinstraße 10

78713 Schramberg

Phone: +49 7422 / 512-213

Fax: +49 7422 / 512-397

E-mail: [email protected]

Please visit our website: www.morethanPCBs.com

End of Corporate News


29.11.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.

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

DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: [email protected]
Internet: www.schweizerelectronic.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin
End of News DGAP News-Service
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147959  29.11.2011

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