Hanwha SolarOne's CSO And Board Member Leaves The Company

SHANGHAI, Aug. 2, 2013 /PRNewswire/ -- Hanwha SolarOne Co., Ltd. ("SolarOne" or the "Company") HSOL, a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic ("PV") cells and modules in China, today announced that DK KIM, Chief Strategy Officer and a board member of Hanwha SolarOne, will resign from his positions effective August 1 and join Hanwha Q CELLS, a sister company also owned by Hanwha Chemical and a part of the growing network of solar entities under the Hanwha Group.

Mr. KIM played an integral role in developing Hanwha Group's strategy to identify solar as an important growth engine for the business group and has been instrumental in the management of Hanwha SolarOne since December 2011.

In his new role as Chief Strategy Officer at Hanwha Q CELLS in Germany, Mr. KIM will focus on accelerating the further development of the company's already strong technology position and global market leadership. He will also focus on strengthening the company's presence in the important European market, as well as accelerate development of the company's downstream strategy.

About Hanwha SolarOne

Hanwha SolarOne Co., Ltd. HSOL is a vertically-integrated manufacturer of silicon ingots, wafers, PV cells and modules. Hanwha SolarOne offers high-quality, reliable products and services at competitive prices. Partnering with third-party distributors, OEM manufacturers, and systems integrators, Hanwha SolarOne serves the utility, commercial, government, and residential markets. The Company maintains a strong presence worldwide, with employees located throughout Europe, North America and Asia, and embraces environmental responsibility and sustainability, with an active role in the voluntary photovoltaic recycling program. Hanwha Group, Hanwha SolarOne's largest shareholder, is active in solar project development and financing, and plans to produce polysilicon in the future. For more information, please visit: http://www.hanwha-solarone.com.

SOURCE Hanwha SolarOne Co., Ltd.