Monday, December 31, 2007

Solarfun Appoints New Board Member

SHANGHAI--Solarfun Power Holdings Co., Ltd. (“Solarfun”) (NASDAQ: SOLF), a vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules based in China, announced the appointment of Dr. Philip Comberg as an independent member of the Board of Directors. The Chairman of Solarfun, Yonghua Lu, commented, “We are pleased to have Dr. Comberg join our Board of Directors. We believe his extensive experience in investments and corporate finance, and also in China-focused corporate law and corporate governance will be beneficial to our company. We are grateful to our shareholder, Good Energies, which provided invaluable assistance in helping the company identify and recruit such a high quality candidate to our Board." Dr. Philip Comberg is a founding partner of Alcosa Capital GmbH & Co KG, a Frankfurt based special situations investment firm that was founded in 2003. Alcosa Capital focuses on control investments in companies and Dr. Comberg has specialized in investments and turnarounds in the logistics, financial services and wholesale industries. Link. Chart.