14.12.2016
SINGULUS TECHNOLOGIES AG DE000A1681X5
DGAP-News: SINGULSINGULUS TECHNOLOGIES Receives Additional Agreed Prepayment for CIGS Project
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Incoming Orders
SINGULSINGULUS TECHNOLOGIES Receives Additional Agreed Prepayment for CIGS
Project
14.12.2016 / 07:30
The issuer is solely responsible for the content of this announcement.
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Press release
SINGULUS TECHNOLOGIES Receives Additional Agreed Prepayment for CIGS
Project
Kahl am Main, December 14, 2016 - The SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) has received the next contractually agreed prepayment from
the Chinese state-owned enterprise China National Building Materials
(CNBM).
Dr.-Ing. Stefan Rinck, CEO of the SINGULUS TECHNOLOGIES AG, comments: "We
are very pleased that the construction of the ordered machines for the
first of the two CIGS factories is progressing timely. Following talks with
our customer, we also expect the prompt setup of the second factory at the
beginning of next year." Dr. Rinck adds: "We see ourselves very well
positioned in China in the area of thin-film solar technology and here in
particular for production equipment for CIGS thin-film modules."
SINGULUS was able to conclude a major order with CNBM during the course of
2016. This order includes three contracts each for two subsidiaries of the
Group for the delivery of machines for the setup of two independent
production sites for the manufacturing of CIGS solar modules. The order
volume for the two production sites combined totals approximately EUR 110.0
million.
SINGULUS TECHNOLOGIES - Innovations for New Technologies
SINGULUS TECHNOLOGIES is an engineering company and develops and builds
machines for economic and resource-efficient production processes. The
range of use of the machines built by SINGULUS TECHNOLOGIES include vacuum
thin-film and plasma coating, wet-chemical cleaning and etching processes
as well as thermal processing technology.
For all machines, processes and applications SINGULUS TECHNOLOGIES utilizes
its know-how in the areas of automation and process technology in order to
provide additional, attractive work areas with innovative products next to
the existing application areas of Solar, Semiconductors and Optical Disc.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main,
New shares: WKN A1681X / ISIN DE000A1681X5
New bonds: WKN A2AA5H / ISIN DE000A2AA5H5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
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14.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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: [email protected]
Internet: www.singulus.de
ISIN: DE000A1681X5, DE000A2AA5H5
WKN: A1681X, A2AA5H
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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529489 14.12.2016
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