| ORGANIZATION AND PRINCIPAL ACTIVITIES |
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1.
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ORGANIZATION
AND PRINCIPAL ACTIVITIES
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Suntech Power Holdings Co., Ltd. (“Suntech Power”) was
incorporated in the Cayman Islands under the laws of the Cayman
Islands on August 8, 2005. On December 14, 2005, the
Company became listed on the New York Stock Exchange
(“NYSE”) in the United States.
Suntech Power and its subsidiaries (collectively the
“Company”) are principally engaged in the design,
development, manufacturing and marketing of photovoltaic
(“PV”) products and also provide engineering,
procurement and construction services to building solar power
systems using its own solar modules for certain related party
and third party customers.
The following table sets forth information concerning Suntech
Power’s major subsidiaries as of December 31, 2010:
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Date of
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Date of
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Place of
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Percentage of
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Subsidiary
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Acquisition
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Incorporation
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Incorporation
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Ownership
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Power Solar System Co., Ltd.
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N/A
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June 23, 2000
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BVI
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100%
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Wuxi Suntech Power Co., Ltd. (“Wuxi Suntech”)
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N/A
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January 22, 2001
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PRC
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100%
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Luoyang Suntech Power Co., Ltd. (“Luoyang Suntech”)
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N/A
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October 16, 2005
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PRC
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88%
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Suntech America, Inc. (“Suntech America”)
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N/A
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July 5, 2006
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USA
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100%
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Suntech Power Japan Corporation (“Suntech Japan”),
previously MSK Corporation
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August 11, 2006
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July 1, 1967
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Japan
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100%
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Suntech Power Co., Ltd. (“Shanghai Suntech”)
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N/A
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November 28, 2006
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PRC
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100%
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Shenzhen Suntech Power Co., Ltd. (“Shenzhen Suntech”)
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N/A
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February 7, 2007
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PRC
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95%
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Suntech Energy Engineering Co., Ltd. (“SEE”)
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N/A
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July 4, 2007
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PRC
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100%
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Suntech Power Investment Pte. Ltd. (“Suntech
Singapore”)
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N/A
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October 8, 2007
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Singapore
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100%
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Suntech Power International Ltd, Zurich (“Suntech
Swiss”)
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N/A
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October 18, 2007
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Switzerland
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100%
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Bright Path Holdings Limited (“Bright Path”)
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N/A
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August 8, 2008
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BVI
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100%
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KSL-Kuttler Automation Systems GmbH (“Kuttler”)
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April 02, 2009
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March 26, 1992
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Germany
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100%
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Kuttler Automation Systems (Suzhou) Co., Ltd.
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April 02, 2009
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January 21, 2002
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PRC
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100%
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Yangzhou Suntech Power Co. Ltd. (“YZ Suntech”)
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N/A
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July 11, 2008
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PRC
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100%
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Wuxi Sun-leader PV Equipment Co., Ltd. (“Wuxi
Sun-leader”)
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N/A
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November 25, 2010
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PRC
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60%
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Yangzhou Rietech Renewal Energy Company (“YZ Rietech”)
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December 31, 2010
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June 17, 2010
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PRC
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100%
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Zhenjiang Ren De New Energy Science Technology Co., Ltd.
(“ZJ Ren De”)
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December 31, 2010
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September 3, 2010
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PRC
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100%
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Zhenjiang Rietech New Energy Science Technology Co., Ltd.
(“ZJ Rietech”)
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December 31, 2010
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November 19, 2010
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PRC
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100%
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