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LDK Solar Signs New Wafer Supply Contract

Stocks in this article: LDK









XINYU CITY, China and SUNNYVALE, Calif., May 16, 2013 /PRNewswire/ -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic products, today announced that it has signed a wafer supply contract with Realforce Power Co., Ltd, a photovoltaic (PV) company located in Shandong Province, China.  Under the terms of the agreement, LDK Solar will provide 120 million 6-inch wafers, totaling approximately 500 megawatts (MW), with shipments commencing in May 2013 through December 2014. 

"We are pleased to enhance our market position in the China region through this new wafer sales agreement," stated Xingxue Tong, President and CEO of LDK Solar. "We believe the China region, which is expected to reach 10 gigawatts (GW) in 2013, represents the strongest global growth opportunity.  This contract demonstrates the continued demand for our solar wafers.  We are confident that our high quality wafers can meet new market requirements," concluded Mr. Tong.



About LDK Solar (NYSE: LDK)

LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. For more information about LDK Solar and its products, please visit www.ldksolar.com .

About Realforce Power Co., Ltd.

Realforce Power Co., Ltd. is a high-tech enterprise engaged in R & D, manufacture, sales and service of solar PV cell, modules, PV power generation project, and PV application products. Realforce Power is dedicated to providing reliable and environmentally friendly energy for buildings, commercial and industrial applications around the world.  Headquartered in Jining City of Shandong Province, Realforce Power enjoys developed expressway and railway traffic. To provide customers with more convenient and efficient technical and commercial support, it has respectively set up sales centers in Shenzhen and Shanghai and it also established sales branches in such countries as Germany, Spain, America and Australia.



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