Talesun Thailand Plant Brief Introduction 1 Talesun Solar Thailand Plant Talesun Solar Thailand is 100% owned by Zhongli Group (Ranked 7th on Bloomberg BNEF Tier 1 list). Founded in 2015 More than 300 employees Start production in Q4, 2015 Including Bangkok head office and Rayong plant Located in Rayong, Thailand Start production in Q4, 2015 (which allow us to propose a Tariff Free Module to World Wide Markets delivered DDP.) 36,000 SQ.M The largest PV manufacturer in Thailand, Production will cover solar PV cells and module - 500 MW of PV CELLS - 500 MW of PV MODULE 2 Talesun Solar Thailand Plant Milestone 2015 Jan. Start Plant Construction 2015 Aug. Got BOI Certificate (The Board of Investment of Thailand) 2015 Nov. Finished First Module Production Line and Started Mass Production 2015 Nov. Thailand Plant Launch Ceremony & Press Conference 2015 Dec. Finished First Cell Production Line and Started Mass Production 2015 Dec. TUV Rheinland Certificate 2016 Jan. UL Certificate Finished First European Customer’s Factory Inspection 3 State of the Art Equipment Talesun Thailand is a Brand New Factory which is Vertically integrated from Cells to Modules. All Machine comes from Leading Equipment Manufacturers. Our Cells and Modules production processes are based on a Solid and Robust Technology and Know How developed by the mother company Talesun China having a 2 GW Production Capacity established since 2010. 4 IndustryLeading Cell Technology and Efficiency 24.00% Cell Technology Roadmap 23.00% 23.00% 22.00% 22.00% 21.50% 21.00% 20.30% 20.00% 19.80% 22.00% 21.50% 21.00% 19.50% 20.00% 19.00% 19.00% 18.40% 18.00% 2015 PtypePoly 2016E 2017E PtypeMono 2018E NtypeMono Talesun Solar R&D talents continuously improve the cell efficiency. 21.0% cell efficiency with PERC cell technology is what we have achieved by now. 5 Talesun Solar Thailand Plant Production Capacity Plan 1000 800800 800 600 400 500500 300300 200 0 2015 Cell Capacity 2016E 2017E Module Capacity (MW) 6 Product Portfolio High-Eff Module for Residential,Commercial and Utility Poly-Crystalline Solar Module Mono-Crystalline Solar Module Type TP648M TP660M TP672M Type TP660P TP672P Cell Dimensions 156*156mm (4BB) 156*156mm (4BB) 156*156mm (4BB) Cell Dimensions 156*156mm (4BB) 156*156mm (4BB) Cell Arrangement 48 (6*8) 60 (6*10) 72 (6*12) Cell Arrangement 60 (6*10) 72 (6*12) Module Dimensions 1324*990*35mm 1640*990*35mm 1960*990*50mm Module Dimensions 1640*990*35mm 1960*990*50mm Power Range 205W-220W 265W-280W 320W-335W Power Range 255W-270W 300W-315W Module Efficiency 15.6%-16.8% 16.3%-17.2% 16.5%-17.3% Module Efficiency 15.7%-16.6% 15.5%-16.2% Power Tolerance 0/+3% Power Tolerance 0/+3% 7 Cutting- Edge Product Series Hipro M290+ Hipro M345+ With world’s leading PERC cell technology, Talesun Solar has achieved 21.0% cell efficiency in 2015, and will keep improving for sure. For 60 mono cell series module, the highest power output has reached 290Wp. For 72 mono cell series module, the highest power output has reached 345Wp. 8 Quality and Performance Certification Certificates already passed Factory Inspection & Product Qualification (in process) 9 Leading Product Warranties Industry Leading Product Warranty ü 10-year product workmanship warranty ü 25-year linear power output performance guarantee ü Guarantee first year power degradation is Backed by Investment Grade Insurance Policy ü Insurance policy matches Talesun Solar’s standard warranty terms ü Coverage starts immediately and lasts for 25 years no more than 2.5% from its nameplate power ① ü Covers worldwide modules sales to any ü From year 2 to year 25, the actual power ü The policy is non cancelable and allows decline will be no more than 0.7% ① ü By the end of year 25, the actual power country third party bankruptcy rights (satisfying investor/ banker requirements output will be no less than 80.7% of the nameplate power output ① ① To poly-silicon modules 10 Talesun Thailand Competitive Advantages Quality - Modules ranked by PVEL as one of the best performing module compared with the rest of the Manufacturers. - The Module Quality is guaranteed by rigorous Testing, Third Party Auditing and International Industry certification such as UL & IEC. - Continuous Focus on Auditing our Production Processes and Modules by recognized third party Auditors such as PVEL and Solar Buyer. Vertical Integration A Single Factory based in Thailand or producing Cells to our Modules. Using the Most Advanced Technology available in the Market From Producing a High Efficiency cells (Up to 21%) to a High Power Modules 60 cells Mono up to 290 Wp and 72 cells up to 345 Wp. Best Product Insurance Power Guard and Solarif are covering our Thai Modules. Bankable Product and Company Talesun Thailand is part of a Profitable Multi Billions Capitalized Group (Zhongli Talesun) and benefit from the expertise of Talesun China which is 2 GW Production Capacity. Certification Talesun Thailand passed the UL 1703 certification and is undergoing 2703 UL with leading USA Mounting Structure Manufacturers. 11 Thank You ! Leverage the solar energy technology for greener, sustainable and better future! 12
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