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SINGULUS TECHNOLOGIES AG, DE000A1681X5

SINGULUS TECHNOLOGIES AG, DE000A1681X5

10.11.2019 - 10:41:44

SINGULUS TECHNOLOGIES AG: Signing Ceremony during the Chinese Trade Fair CIIE in Shanghai

Disclosure of Insider Information Pursuant to Art. 17 MAR

SINGULUS TECHNOLOGIES AG: Signing Ceremony during the Chinese Trade Fair CIIE in Shanghai

Kahl am Main, November 10, 2019 - A signing ceremony between subsidiaries of the Chinese state-owned Group CNBM Group, Beijing, and the SINGULUS TECHNOLOGIES AG took place yesterday, November 9, in the course of the China International Import Expo (CIIE) in Shanghai. The goal was the confirmation of the agreement between both parties regarding the relevant parameters for the delivery of production machines of the first expansion stage of 150 MW for the next factory for CIGS solar modules in the town Xuzhou, China. The legally binding contracts are now to be concluded within the coming period between the companies involved in the operation.

The expected project volume currently amounts to approximately EUR 57 million. After the conclusion of the contracts the agreed prepayments and the corresponding project start are expected shortly afterwards.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5 Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924 Email: bernhard.krause@singulus.de

 

10-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: SINGULUS TECHNOLOGIES AG Hanauer Landstrasse 103 63796 Kahl am Main

Germany Phone: +49 (0)1709202924 Fax: +49 (0)6188 440-110 E-mail: bernhard.krause@singulus.de Internet: www.singulus.de ISIN: DE000A1681X5, DE000A2AA5H5 WKN: A1681X, A2AA5H Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 908949   End of Announcement DGAP News Service

908949  10-Nov-2019 CET/CEST

@ dgap.de