Hanwha Q - Cells privatised exit the nasdaq in the United States

Solar photovoltaic (pv) net news: it is reported that South Korea hanwha Q - pv manufacturers Cells have been successfully completed in privatization. The company will no longer be listed on the nasdaq stock exchange, and will continue to be as a wholly owned subsidiary of hanwha chemical.

in the middle of October, 2018, hanwha Q - Cells announced that it will with the parent company of hanwha chemical hanwha solar holdings co. , LTD. ( Hereinafter referred to as the hanwha solar) A merger. The securities and exchange commission has asked the nasdaq back from New York City, as soon as possible.

under the terms of the merger, 0 per share common stock. 198 dollars, without interest, American depositary shares - Stock bundle sale - At 9. 90 dollars. Hanwha photovoltaic company said, hanwha solar had excluded from trading of the common stock, and in the case of without considering being cancelled.

at the end of the merger, hanwha Q - Cells of the equity value estimate is about 8. 2. 5 billion dollars. Agrees to make payments to shareholders in merger means last August 2 Q - Japan and south China Cells stock's closing price premium of 50%. Hanwha solar announced its intention to through equity financing mergers and acquisitions, the company has been equipped with hanwha Q - 93细胞。 9% of the shares.

means hanwha Q - exchange delisted from the United States Cells will no longer need to meet quarterly and annual financial statements of strict reporting requirements. Hanwha Q - Cells recently reported sales growth in the third quarter of 2018-5. 59. 3 billion dollars, than the last one increased by $40 million during the reporting period, an increase of $17 million during the same period last year. However, losses significantly. In the third quarter, the company's operating losses of 1. The net loss of $0. 7 billion in the third quarter, is 1. Is $64. 6 billion, almost three months before 4. Five times, and the company only in the second quarter posted losses of $42. 4 million due to exchange rate.

in the fourth quarter of 2018, hanwha Q - Cells of expected sales of 5. $9 billion to 6. 100 million dollars, the fiscal year, expects sales of components of 5. 5 ~ 5. 7兆瓦。

public information display, hanwha Q - Photovoltaic Cells is the world's top ten largest manufacturer, is headquartered in Seoul, South Korea, technology and innovation center is located in Germany, ham's sun valley, products in China, Malaysia and South Korea international production in the factory. By the second half of 2017, hanwha Q - Cells have 8 gw solar battery capacity and 8 gw pv components production capacity, and planning capacity of 1. American factories and 0 6 gw. 5 gw of Turkey factory is under construction. By 2019, hanwha Q - Cells in the world's overall production capacity will exceed 10 gigawatts (gw).

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24, China could be built in the first half of 2019, 915 mw photovoltaic modules of centralized purchasing project of the public bidding result, crystal, TRW, golden concord integration, suntech, yingli, anhui it 15 companies won the bid. According to the tender announcement, project is divided into five blocks, ( 001). Monocrystalline silicon ordinary components; ( 002). Monocrystalline silicon efficient components; ( 003). Polysilicon components; ( 004). Monocrystalline silicon double glass components; ( 005). Polysilicon double glass component. The bidder