[Item 5.02(b). Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On June 30, 2011, Kandi Technologies, Inc. (the “Company”) received the resignation from Fong Heung Sang (Dexter) as a director, Chairman of the Audit Committee, and member of Corporate Governance and Nominating Committee and Compensation Committee, for personal reasons and]
[Item 5.02(b). Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On June 30, 2011, Kandi Technologies, Inc. (the “Company”) received the resignation from Fong Heung Sang (Dexter) as a director, Chairman of the Audit Committee, and member of Corporate Governance and Nominating Committee and Compensation Committee, for personal reasons and]
[SearchMedia Reports Audited Financial Results Audited Financial Results for the Full Year Ended December 31, 2010 Gross profit increased 28.9% to $12.5 million from $9.7 million in the prior year period, reflecting growth proportional to that of revenue. Gross margin remained flat at 25.6% from 25.7% in the prior year period due to changes in the Companys revenue mix as]
[SearchMedia Reports Audited Financial Results Audited Financial Results for the Full Year Ended December 31, 2010 Gross profit increased 28.9% to $12.5 million from $9.7 million in the prior year period, reflecting growth proportional to that of revenue. Gross margin remained flat at 25.6% from 25.7% in the prior year period due to changes in the Companys revenue mix as]
[China Sunergy to Invest RMB1.8 billion in 1GW Solar Cells Production Expansion Project NANJING, China, July 1, 2011 /PRNewswire-Asia/ -- China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, is pleased to announce that its fully owned subsidiaries China Sunergy (HK) Co., Ltd. and China Sunergy (Nanjing) Co., Ltd. are to] [Loan Agreement Party A (the “Borrower”): China Sunergy (Nanjing) Co., Ltd Party B (the “Lender”): China Electric Equipment Group Corporation 1. The amount of the loan is RMB 500,000,000.00 (in words: RMB Five Hundred Million Only). 2. Purpose of the loan: the loan shall be specifically used for the investment of Solar Cells Project in Yizheng, Jiangsu and may not]
[Fourth-Quarter and Full-Year 2010 Financial Results Fourth-Quarter 2010 Results In December 2010, the Company divested certain non-core IC business lines as part of its updated strategy to focus on core businesses such as multimedia semiconductors and surveillance solutions. The Company is reporting results for continuing operations, and results from prior periods have been revised to be comparable. Total net revenue]
