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Challenged enormous capital markets and information network message is encountered in the US-listed companies, Trina Solar, Trina quickly responded. In the early hours of yesterday morning, Trina released "for overseas blog online media prior Excerpt statement issued Trina Solar untrue comments."
The statement said that "individual overseas investors Trina solar cell Operations, were" not in line with the fact that the analysis and prediction, some of the media through the photovoltaic industry "out of the context of the summary reproduced, published through the microblogging caused public and concerned about the of Trina business partners.
Trina Solar also said that, in the current industry environment, "Trina Solar's financial position, operating conditions, and the ability to resist risks has been leading level, there is absolutely no forecast in the article fails to repay the bankruptcy." and noted that "the authors admitted that he engaged in Trina Solar stock trading in the case of acts for the purpose of profit, with Trina Solar verify the unauthorized release of information does not conform to the facts, will be retained through legal channels investigated the responsibility of the parties rights. "
According to the understanding and information networks, recently, a former investment banker named Richard Pearson issued a document that, in order to repay maturing debt, Trina Solar is sold below cost price products, which will make cash situation this optimistic Trina solar panel facing the risk of delisting. Within the next few weeks and months, Trina Solar to repay $ 800 million of debt, the company also bear the $ 14 billion in off-balance sheet liabilities.
This, Trina replied, "in the global PV industry average gross profit as a negative situation, Trina Solar in the gross profit margin in 2012 remains positive, the future is expected to continue to improve operating cash flow will continue to improve the company develop clear plans and goals, and strive to reduce inventory turnover days as soon as possible and receivables credit period, to ensure that the company operate more healthy at the same time, we are actively developing the downstream systems integration business, and to become one of the pillars of the company's future development. "
Trina solar charge controlleralso the strength of the company further explained as follows, "subordinates in PricewaterhouseCoopers PRTM 2012 global solar industry Sustainability Index, Trina Solar was ranked second in the world, which is a row among the world's first two years in this list.
The index from a company leader, market share, company profitability and capital chain index to measure the company's comprehensive strength, see are based on the data and the results of the fixed target, reflects the company's capacity for sustainable development. Trina Solar be well prepared for the difficulties and challenges faced by the industry and the ability to respond effectively, we will continue to be by parties mutually beneficial cooperation to achieve the sustained and healthy development, to promote solar energy as soon as possible to achieve parity power. '
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