GEORGE TOWN, Cayman Islands,
XINYU CITY, China and SUNNYVALE, Calif., July
18, 2014 /PRNewswire/ -- LDK Solar Co., Ltd. in
provisional liquidation ("LDK Solar" or the "Company") and its
Joint Provisional Liquidators ("JPLs"), Tammy Fu and Eleanor
Fisher, both of Zolfo Cooper (Cayman) Limited, today
announced that Dr. Bing Xiang and Mr. Hongjiang Yao have resigned from LDK Solar's
board of directors.
Mr. Xiaofeng Peng, Chairman of
LDK Solar, stated: "We are grateful to Dr. Xiang and Mr. Yao for
their service as members of our board over the past several
years. We benefitted from their wisdom and the LDK Solar
board wishes to acknowledge, with appreciation, their efforts and
contributions during their tenure. We wish them well in their
future endeavors."
With these changes, the number of members of LDK Solar's board
of directors is nine.
Cautionary Note Regarding Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements, including risks and uncertainties disclosed in LDK
Solar's filings with the Securities and Exchange Commission. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on information available to LDK Solar's
management as of the date such information was prepared and on its
expectations, assumptions, estimates and projections as of such
date. Actual results may differ materially from the anticipated
results because of such and other risks and uncertainties. LDK
Solar undertakes no obligation to update forward-looking statements
to reflect subsequent events or circumstances, or changes in its
expectations, assumptions, estimates and projections except as may
be required by law.
About LDK Solar in provisional liquidation
LDK Solar Co., Ltd. in provisional liquidation is a
leading vertically integrated manufacturer of photovoltaic (PV)
products. LDK Solar, through its operating subsidiaries,
manufactures polysilicon, mono and multicrystalline ingots, wafers,
cells, modules, systems, power projects and solutions. LDK Solar's
principal manufacturing facilities are located in Hi-Tech
Industrial Park, Xinyu City, Jiangxi
Province in the People's Republic
of China. LDK Solar's subsidiary office in the United States is located in Sunnyvale, California. For more information
about LDK Solar and its products, please visit
www.ldksolar.com.
SOURCE LDK Solar Co., Ltd.