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SINGULUS TECHNOLOGIES AG, DE000A1681X5

SINGULUS TECHNOLOGIES AG, DE000A1681X5

15.01.2020 - 14:40:36

SINGULUS TECHNOLOGIES signs contract for the delivery of production systems for CIGS solar modules

Disclosure of Insider Information Pursuant to Art. 17 MAR

SINGULUS TECHNOLOGIES signs contract

for the delivery of production systems for CIGS solar modules

Kahl am Main, 15 January 2020 - SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) today signed contracts for a large order with the customer (CNBM) Bengbu Design and Research Institute of Glass Industry Co., Ltd., Bengbu, China, a subsidiary of China National Building Materials, China, for the Xuzhou site for the delivery of systems for the production of CIGS solar modules.

The order volume for Xuzhou is in the first stage of expansion EUR 50 million.

The planned final output of this factory is 300 MW. This is to be achieved by the customer in a downstream, second expansion stage for this factory location.

The down payment for this order is expected in a timely manner.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5 Maren Schuster, Head of Investor Relations, Tel.: + 49 (0)160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202 924 E-mail: bernhard.krause@singulus.de

 

15-Jan-2020 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: 953965   End of Announcement DGAP News Service

953965  15-Jan-2020 CET/CEST

@ dgap.de