SEOUL, South Korea, April 18, 2015 /PRNewswire/ -- Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) (the "Company", or "Hanwha Q CELLS"), one of the world's largest photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2014 with the Securities and Exchange Commission on April 17, 2015. The 2014 20-F excludes any results from Hanwha Q CELLS Investment Co., Ltd., subsequently acquired on February 6, 2015. The annual report on Form 20-F can be accessed on the Investors page of the Company's website at http://investors.hanwha-qcells.com/
Due to the substantial change in the company's scale, structure, and business operations following the February 6, 2015 merger with Hanwha Q CELLS Investment Co., Ltd., the company will not release a separate 2014 fourth quarter earnings report. The full year results, which incorporate fourth quarter performance and a balance sheet as of December 31, 2014 can be found in the 2014 20-F. The company will resume quarterly financial reports of the consolidated company beginning with the 2015 first quarter report expected in mid-May 2015.
About Hanwha Q CELLS
In February, 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world's most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world's largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international footprint including facilities in China, Malaysia, and South Korea, Hanwha Q CELLS is in a unique position to flexibly address all global markets, even ones with import tariffs, such as the United States and the European Union. Based on its well respected "Engineered in Germany" technology, innovation and quality, Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top-Ten business enterprise in South Korea. For more information, visit: http://investors.hanwha-qcells.com/
Safe-Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS' filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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