Hsu Appointed CFO at China Sunergy (CSUN)

October 16, 2009 9:22 AM EDT

China Sunergy Co., Ltd. (Nasdaq: CSUN) announced today that it has appointed Mr. Siegfried Yi Chou Hsu as Chief Financial Officer.

Mr. Hsu, with extensive financing, investment, consulting, and technological experience, brings a high level of directly relevant knowledge to China Sunergy through his previous management of key financial and strategic projects. Mr. Hsu's positions have included CFO of Taipei based Smart Net Technology, Vice President of Phycos Consulting in Taipei and Suzhou and the Investment and Investor Relationship Manager of United Microelectronics Corporation in Taiwan, a world-leading semiconductor foundry. Most recently, Mr. Hsu was Vice President of Structured Finance and a chief advisor of the investment committee for China investment strategy at China Development Industry Bank in Taipei. His responsibilities at China Development Industry Bank included enterprise consolidation and restructuring, cross Taiwan Straits initiatives and ASEAN region investment and government projects.

Mr. Hsu will replace Mr. Shiliang Guo. Mr. Guo will remain a Director.


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