Snow Wright announced on the evening of the 18th that Snow Wright had applied for the Shenzhen Stock Exchange for the purpose of planning major events. The company's shares were temporarily suspended from 13:00 on June 10, 2014.

On July 15, 2014, the company published the “Notice on Deferred Resumption and Progress of Issues Concerning the Issuance of Shares to Purchase Assets” (Announcement No.: 2014-031). On July 22, July 29, August 5, and August 12, 2014, the company published the Announcement on the Progress of the Issuance of Shares to Purchase Assets (Announcement No.: 2014-032, 2014-034, 2014-035 , 2014-036).

The company has hired independent financial consultants, legal consultants, auditing agencies and evaluation agencies. The parties concerned are taking the time to promote the due diligence, auditing, evaluation and profit forecasting audits involved in the purchase of assets. The work is progressing smoothly, and the specific plan for issuing shares to purchase assets is still under discussion. According to relevant regulations, the company's stock will continue to be suspended (no later than September 13, 2014). And every 5 trading days, the announcement of the progress of the issuance of shares to purchase assets is announced. There is still uncertainty in this matter. Investors are advised to pay attention to investment risks.

Solar Panel, also known as "solar chips" or "photovoltaic cells", are thin slices of photovoltaic semiconductor that generate electricity directly from sunlight.


The photoelectric conversion efficiency of monocrystalline solar panels is about 15%, with the highest reaching 24%, which is the highest among all kinds of solar panels. However, the production cost is so high that it cannot be widely used.


The photoelectric conversion efficiency of polysilicon solar panels is much lower, which is about 12%. In terms of production cost, it  is cheaper than monocrystalline, material manufacturing is simple, save power consumption, the total production cost is lower, so it has been developed in large quantities.

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