What year was ReneSola incorporated?
ReneSola operated as Zhejiang Yuhui beginning in June 2005 and commenced the solar power business in July 2005. ReneSola Ltd, or ReneSola, was incorporated in the British Virgin Islands on March 17, 2006 in preparation for our initial public offering.
Where is ReneSola based?
ReneSola's headquarters are located just over one hour from Shanghai in Jiashan, Zhejiang province. You may contact us at the following address:
No. 8 Baoqun Road, Yaozhuang
Jiashan, Zhejiang Province 314117,
People's Republic of China
Tel: +86-573-8477- 3058
What does ReneSola do?
ReneSola is a leading vertically integrated OEM service provider and manufacturer of solar power products including virgin polysilicon, monocrystalline and multicrystalline solar wafers, and photovoltaic (PV) cells and modules. We operate several manufacturing facilities throughout China and sell our high-quality, low-cost products to leading solar customers located around the world.
What are ReneSola's strengths?
ReneSola is one of world's leading low cost manufacturers of high quality solar products. We were the first China-based vertically integrated solar product manufacturer with production capabilities spanning from polysilicon production to module manufacturing. Our large-scale vertically integrated manufacturing facilities allow us to capitalize on economies of scale to produce solar products with some of the lowest production costs in the market. Our devotion to research and development has provided us with a reputation for quality that has led to new and long-lasting relationships with several key players in the global solar power industry. In addition, our experienced management team has created a successful track record for ReneSola and is committed to guiding ReneSola to become a worldwide leader in the solar power industry.
Where are ReneSola's shares traded?
ReneSola's American depositary shares (ADS), each representing 2 underlying shares, are traded on the New York Stock Exchange (NYSE) under the ticker "SOL".
How many shares of ReneSola stock are outstanding?
Updated share information can be found in our quarterly earnings announcements or in our most recent 6-K or 20-F filings with the U.S. Securities and Exchange Commission (SEC); all of which can be accessed via the Investor Relations section of our website under Financial Reports or SEC Filings.
What is the CUSIP number for ReneSola's shares?
When does ReneSola's fiscal year end?
ReneSola's fiscal year ends on December 31st.
The depositary bank for our American depositary shares (ADSs) is the Bank of New York Mellon. The depositary's corporate trust office at which our ADSs are administered is located at 101 Barclay Street, New York, New York 10286. For additional information, please contact Anita Sung at +1 (212) 815 8161 or email@example.com.
What is the "Depositary Servicing Fee" that appears on my brokerage statements and why am I being charged this fee?
Holders of all ADSs (American Depositary Shares) are charged an annual Depositary Servicing Fee ("DSF"). The fee is charged by Renesola's Depositary, The Bank of New York Mellon. This fee was disclosed in the Deposit Agreement as Exhibit to the Form F-6, which was filed with the U.S. Securities and Exchange Commission upon the establishment of the ADR program (please refer to Section 5.09 of the Deposit Agreement at http://www.sec.gov/Archives/edgar/data/1417892/000101915508000011/depositagmtbnyrenesola.htm) and the Company's Form 20-F (see below). Additionally, the Depositary typically provides notice to the Depository Trust Company ("DTCC") 30 days or more in advance of the DR record date. This notification period allows for sufficient time for brokers to inform their beneficial holders of the upcoming DSF charges at the time of the purchase of the security and the ongoing DSF charges following the purchase of the security.
Are there any other fees that I should be aware of?
In addition to the Depositary Servicing Fees, other event-specific fees may include:
Issuance or Cancellation Fees - US$5.00 per 100 ADSs (issuance, includes but not limited to, delivery of ADSs resulting from deposit of Shares and distribution of stock or rights; cancellation, includes but not limited to, the surrender of ADSs resulting from the withdrawal of Shares and termination of the ADR program)
- Cash Distribution - US$0.02 per ADS
- Depositary Servicing Fees - US$0.02 per ADS (the above-mentioned annual fee)
- Registration Fees - Typically charged by the local registrar for re-registration of the ordinary shares
- Other Depositary Fees - Cable fees, FX fees, and others depending on the type of transaction
ReneSola includes a fee schedule in their form 20F. Please refer to Item 12D
from this link: http://www.sec.gov/Archives/edgar/data/1417892/000119312511059251/d20f.htm
Who is ReneSola's independent accountant? How long have they worked with ReneSola?
PwC has worked with ReneSola since 2017
Who is ReneSola's legal advisor? How long have they worked with ReneSola?
Latham & Watkins has served as our legal advisor since before our IPO on the New York Stock Exchange in January 2008.
How many independent directors are on ReneSola's board of directors? Where can I find more information on ReneSola's board of directors?
ReneSola currently has 3 independent directors on its 5 member board of directors. As a matter of policy and consistent with applicable laws, rules and regulations, the board should consist of a majority of independent directors. More information can be found under the Corporate Governance section of the website.