Sunrise East notice on change of investment projects to raise funds

Sunrise East Solar Power Inc implementation place the changes on the part of investment projects to raise funds and the implementation of the main bulletin
Board of directors of the company and all members to ensure that the bulletin true, accurate and complete, and the announcement of the false records, misleading statements or major omissions liability.

Sunrise East Solar Power Inc (hereinafter referred to as "the company") the first meeting of the fifteenth board of directors considered and adopted the "the changes on the part of investment projects to raise funds and the implementation of the main place of implementation of the bill", the company will "Shenyang production base with annual output of 500000 sets of solar water heater project" by the Liaoning sun rain photovoltaic inverter Energy Ltd to implement the change from Song of the four seasons (Luoyang) Solar Energy Ltd, implementation place changes by the Liaoning province Shenyang Shenbei New Area Luoyang city Henan province Luolong science and technology park. The specific contents are as follows:

The proposed change raised for the project: Shenyang production base with annual output of 500000 sets of solar water heater project, is the company a wholly owned subsidiary of the Liaoning sun rain Solar Energy Ltd in Liaoning province Shenyang city Shenbei New Area, 180000000 yuan investment in the construction of an annual output of 500000 sets of solar water heater production base. After the completion of the project can be formed 500000 vacuum tube solar water heater, production capacity of 6000000 glass vacuum tube. The project construction period is 18 months, 50% in the first year of design production capacity, second years and after the annual total production.

The song of the four seasons (Luoyang) Solar Energy Ltd (hereinafter referred to as the "Luoyang pku-sijimicoe") was established in April 16, 2009, registered capital, registered address: 100000000 yuan, Luoyang City, Luolong: Luolong science and Technology Park, the main business: the solar energy water heater and vacuum manufacturing and sales, heat exchanger and the shareholders: Beijing pku-sijimicoe http://www.solarpanelcellonline.com Energy Technology Group Company Limited (hereinafter referred to as the "song of the four seasons group") holds 55% equity, sunrise East holds 45% equity.

1, Luoyang is the second largest city in Henan Province, is the central regional center city, Center City Central Plains Economic area. At present, central China, North China, northwest market is a regional market, focus on the development, in the past three years, with an average annual growth rate of more than 50%; 2, Luoyang pku-sijimicoe was founded in 2009, at present, the infrastructure has been completed and mature operation. Luoyang base capacity has reached the design capacity in 2012, facing the rapid development of the market demand, facing the urgent need to further expand production capacity;

3, with "beautiful China" first in the eighteen report, the state and the government pay great attention and support for the solar energy industry. After the utilization of solar heat into the planning of national strategic emerging industry, in 2012 June the country launched the solar subsidy project; in 2012, the Ministry of finance, the Ministry of housing and Urban-Rural Construction jointly issued a document, to further improve the construction of renewable energy policy and the allocation of funds management mode, in order to promote solar energy products in the field of public facilities and people in the family. In March 6, 2013, the State Ministry of Industry issued "on the draft for comments" to promote the healthy development of wind turbine inverter water heater industry, will further promote the industry concentration degree and enhance the healthy development.

More than one hundred city national majority of provinces and autonomous regions on the solar energy policy, mandatory installation of solar water heating system installed subsidies or solar energy industry development planning, requirements for new or rebuilt 12 layer below the building must install solar, some provinces such as Shandong, Beijing also installed solar hot water system to give a high proportion of financial subsidies. These initiatives, greatly promoted the rapid development of the regional market; the future development prospects of solar energy market bright.