© Copyright TIANWEI GROUP 2010

TIANWEI GROUPTIANWEI NEW ENERGY (YANGZHOU) CO.,LTD.

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Corporate Overview

China South Industries Group CorporationChina South Industries Group Corporation (CSGC), one of FORTUNE 500 companies. CSGC

TIANWEI Group – A leading enterprise:

Leading the power transmission industry, with the biggest t ansfo me plant in the o ldthe biggest transformer plant in the world.

Leading the PV industry with strong whole-industry-chain model - producing its own

TIANWEI GROUP

y p gSilicon, ingots, wafers, cells, modules, system in-house.

TIANWEI New Energy is TIANWEI Group’s arm for the new energy market.

TIANWEI New Energy (Yangzhou)

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Corporate Overview

Tianwei New Energy, a Fully-industry-chain photovoltaic product provider of Silicon, wafers, photovoltaic (PV) cells, modules and turnkey solution

First one and leading China PV industry groupOver 12,000 employees, p y15 wholly owned subsidiaries worldwide848,000 square meters of PV products manufacturing space

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MilestonesSt t i d l t f t i tStrategic development footprint

Aug. 2010 – Production starts at Yangzhou new factory for TWY silicon modules

July 2009 – Thin film module production commenced

Sep. 2009 - Acquire USA Public silicon manufactory, Hoku Sc.y

July 2007 - Yingli goes public in NYSE (Tianwei own 49% shareholding)

July 2007 – Extend silicon module production with TW brand

May 2007 - Ingot/Wafer production commenced

Feb. 2007 - Silicon production commenced

May 1998 - Yingli New Energy founded

Jan. 2001 - Tianwei New Energy founded (Wind Energy manufactory)

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y g gy

Shareholding Structure

China SASAC(the State-owned Assets Supervision and Administration Commission)

TIANWEI Group

TIANWEI Transformer TIANWEI New Energy

Business UnitBusiness Unit(Stock code: SH600550)

Silicon manufactory(Sichuan)

23.36%

Wind turbine manufactory Yingli New Energy

100%100%

Hoku Scientific USA(NASDAQ: Hoku)

60%

Ingot/Wafer/Cell manufactory

(Sichuan, Hubei)

Wind fanmanufactory

( )

C-Si/TF Module manufactory

(Jiangsu, Hebei)

Wind power systemmanufactory

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Our Business Strength

• Whole-industry-chain photovoltaic product providerof Silicon, wafers, photovoltaic (PV) cells, modulesand turnkey solution

• Constant supply of raw and final materials even in times of high demand

C t l d th t G id P it• Cost leader on the way to Grid Parity

• First one in China PV industry – more years of experience

• Financial strength of Fortune 500 company

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• Financial strength of Fortune 500 company

Strategic Mid-Term Growth Targets

(Year-end capacity by MW/10Ton)

Strategic Mid Term Growth Targets

1500 1500 1500

1400

1600 Silicon(10 Ton)Ingot/Wafer(MW)

926

1126

1000 1000 1000

1200

Ingot/Wafer(MW)Cell(MW)C-Si Module(MW)TF Module(MW)

600 600

926

500

800 800

600

800

TF Module(MW)

300

500

300

500

350

500

300

500

300

200

400

100 50 50 75

0

2007 2008 2009 2010 2011E 2012E

TIANWEI How do we achieve leading position?

Quality AssuranceGlobal Supply Chain Quality AssuranceGlobal Supply Chain

Best Cost /wOrganization

Leading

R & D Multi Culture

MAKETING STRATEGY

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Tianwei (Yangzhou) Factory

The The biggest Integration Module Factory in the world, biggest Integration Module Factory in the world, covering an area of covering an area of 11,,000 000 acres, acres,

with capacity ofwith capacity of 22GW in year ofGW in year of 20122012

Multi-function Building Administration Building

with capacity of with capacity of 22GW in year of GW in year of 20122012. .

Multi-function Building Administration Building

Module Integration CampusStaff Apartment Building

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Module Integration CampusStaff Apartment Building

Tianwei PV Modules – Your best choice Poly:P648(170-190W), P654(190-220), P660(210-245),P672(260-295W)Mono:M572(170-200W),M660(220-250W),M672(285-305W)

Modules output

Average positive tolerance for each whole containerTolerance Average positive tolerance for each whole containerTolerance

Each module tested by PASSAN , meanwhile ,less than 1W after double test.

Power test

Panels are sorted on pallets by their power output ratings, with customer requirement, they can also be sorted by short circuit current ratings.

Panels sorting

Leading in the industryLeading in the industry –Poly: Up to 3% first year, 1% in second year, 0.5% each year after, total less than 20% loss after 25 years M U t 3% fi t 1% d 0 6% h

Warranty

Mono: Up to 3% first year, 1% second year, 0.6% each year after, total less than 20% loss after 25 years

Quality insurance by multinational insurance companyInsurance

TUV, UL,CE,MCS(on application), …Standard Approval

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Module production Line

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Quality Control ProcessQuality Control ProcessQuality is our Product Life

(DQA)Design

(IQC)Incoming

(IPQC)In

P i

(OQC)OutgoingDesign

Quality Assurance

Incoming Quality Control

Processing Quality Control

Outgoing Quality Control

• Plan the quality at the very beginning of product design

• Established strategic partnerships ith

• 40 quality control engineers

• Control final products through Inspection andof product design

• Test sample in most rigorous environments

partnerships with top raw material suppliers

• Incoming

• 20 quality control professionals

• Meet the most rigorous

Inspection and various performance and reliability testing

• Quality database• Simulate mass production quality control

inspection ensure the quality of the raw materials

go ousinternational quality control standards

• Quality database which can track any flaw in process.

QUALITY CONTROY SYSTEM

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TIANWEI MARKET DISTRIBUTION

America EUROPE APMEA

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TIANWEI VAR ( Value-Added-Reseller) SYSTEMTIANWEI VAR ( Value-Added-Reseller) SYSTEMFirst evaluation for initial application

First evaluation by

History turnover & Biz. credit

Business plan

StarFirst evaluation by TWY to Distributor

Application is mainly on basis of the applier’s

Authorizedhistory turnover and

his business plan

Quarterly discount

10 M d liStar

Continuous annual evaluation

Quarterly discount

Real annual

turnover

Actualpayments

Marketing Investmentand efforts

on TWY

MarketingStrategies and plan

• 10 Mw <deliveryStar

• 500Kw<delivery Authorized

Continuous annual evaluation By TWY to Distributor is mainly on basis of the distributor’s real turnover, payments condition, marketing investment on TWY, and regional marketing strategies & plan.

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turnover, payments condition, marketing investment on TWY, and regional marketing strategies & plan.

TIANWEI Recommended By Global Banks

Tianwei New Energy Bankable List 2010NO Name of Bank Country RemarksNO. Name of Bank Country Remarks

1 Uni-credit Italy Awarded2 Raiffeissen Czech Awarded3 KFW Germany Awarded4 DZ Bank Germany Awarded5 Deutsche Credit Bank Germany Awarded6 Ceska Sporitelua Czech Awarded7 Komercni Banka Czech Awarded7 Komercni Banka Czech Awarded8 Ostereichische Volksbanka AG Austria Awarded9 Boise Bank USA Awarded10 Banka Sparkasse Germany Awarded11 Volksbank Central Europe Awarded12 Santander Central Hispano S.A. Spain Awarded13 Bbva (Bilbao Vizcaya Argentaria) Spain Awarded14 Caja Duero Spain Awarded14 Caja Duero Spain Awarded15 Banco Sabadell Spain Awarded16 Crédit Agricole/ Unifergie France Awarded17 Bank Hapoalim Israel In Progress

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PV Project Reference

Solar-Wind Hybrid, Single Axis tracking System in China

Capacity: 500KWProject Location: Baoding, ChinaY 2008Year: 2008Developer: Tianwei GroupSolar modules: Poly 200wp

Heusden Zolder Ground Mounted Systemy

Capacity: 4.7MWProject Location: Heusden ZolderYear: 2008~2009Developer: IZENSolar modules: Poly 230wp/280wp

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PV Project Reference

Roofing system in France

Capacity: 800KWProject Location: Rivesaltes, France Year: 2008~2009Year: 2008 2009Developer: JMPSolar modules: Mono 185wp

Tangshan Roofing System in China

Capacity: 60kwProject Location: Tangshan, ChinaYear: 2009Year: 2009Developer: TIANWEI GroupSolar modules: Poly 200wp

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PV Project Reference

Roofing system in Germany

Capacity: 700KWProject Location: Sachsen - Anhalt, GermanyYear: 2010Financed by: VolksbankSolar modules: Poly 230wp

Ferreira Ground Mounted System in Portugal

Capacity: 13.1MWProject Location: PortugalYear: 2008-2009Year: 2008-2009Constructor: Grupo GenergSolar modules: Poly 200wp

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