August 4, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF), a Chinese maker of silicon ingots, wafers and photovoltaic cells and modules, has promoted Ping Peter Xie to president and chief executive officer from president of Solarfun, and Zhoumiao Gao to chief operating officer from senior vice president of operations of the firm.

Gareth Kung will remain as the company's chief financial officer and these three officers will provide senior leadership for Solarfun going forward.

Xie served as Solarfun's president of China from March 2009 to September 2009, and global president from October 2009 to present. He joined the company in March 2009 from NeoPhotonics, a Shenzhen, China-based provider of integrated optics products that use standard semiconductor silicon wafer technology.

In his final role with NeoPhotonics, he worked as its global chief technology officer and general manager of China, where he was responsible for the company's overall operations in China and its world-wide product development programs.

Kung joined Solarfun as CFO in November 2009. He joined Solarfun from Semiconductor Manufacturing International, where he first worked as group treasurer and subsequently as group controller, primarily in charge of treasury and financing operations, financial reporting and planning, budget control, Sarbanes-Oxley compliance and PRC and international tax planning.

Gao most recently has served as Solarfun's SVP of operations, where he has been in charge of manufacturing at Jiangsu Linyang Solarfun Co., Ltd and Yangguang Solar Technology Co., Ltd., Solarfun's PRC subsidiaries. He joined the company in September 2007 as VP of operations and served as director on an interim basis from August 2008 to March 2009.

Before joining Solarfun, Gao worked in the semiconductor industry for more than 18 years. He joined Advanced Semiconductor Manufacturing in 1989 and held various positions including engineering manager, manufacturing manager, and vice president of operations.

China-based Solarfun Power Holdings is a manufacturer of solar PV cells and modules in China. Solarfun produces its monocrystalline and polycrystalline products at its vertically-integrated manufacturing facilities.

Solarfun partners with third-party distributors, OEM manufacturers, and system integrators to sell its modules into large-scale utility, commercial and governmental, and residential/small commercial markets.

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