[ReneSola Announces First Quarter 2016 Results Shanghai, China, May 23, 2016 First Quarter 2016 Highlights Q1 2016 Q/Q Change Y/Y Change Revenue $260.7 -12.0% -25.3% Gross Profit $44.5 -6.2% +21.4% Operating Income $12.2 -27.7% N/A Net Income $5.7 -13.9% N/A · Revenue of $260.7 million was in-line with management guidance range of $260-$270 million · Gross margin increased to 17.1%] []
[ReneSola Announces First Quarter 2016 Results Shanghai, China, May 23, 2016 First Quarter 2016 Highlights Q1 2016 Q/Q Change Y/Y Change Revenue $260.7 -12.0% -25.3% Gross Profit $44.5 -6.2% +21.4% Operating Income $12.2 -27.7% N/A Net Income $5.7 -13.9% N/A · Revenue of $260.7 million was in-line with management guidance range of $260-$270 million · Gross margin increased to 17.1%] []
[] [List of Principal Subsidiaries Subsidiaries Place of Incorporation Percentage of 1. ReneSola Zhejiang Ltd., formerly known as Zhejiang People’s Republic of China (“PRC”) 100 % 2. Sichuan ReneSola Silicon Material Co., Ltd. PRC 100 % 3. ReneSola Jiangsu Ltd, formerly known as Wuxi Jiacheng Solar Energy Technology Co., Ltd. PRC 100 % 4. Zhejiang ReneSola System Integration Ltd., formerly known] [Certification by the Chief Executive Officer I, Xianshou Li, certify that: 1. I have reviewed this annual report on Form 20-F of ReneSola Ltd (the “Company”); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [Certification by the Chief Financial Officer I, Yuanyuan (Maggie) Ma, certify that: 1. I have reviewed this annual report on Form 20-F of ReneSola Ltd (the “Company”); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of] [Certification by the Chief Executive Officer (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Xianshou Li Chief Executive Officer] [Certification by the Chief Financial Officer (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Yuanyuan (Maggie) Ma Chief Financial Officer] [Harney Westwood & Riegels LLP Ground Floor, 5 New Street Square London EC4A 3BF United Kingdom Tel: +44 (0) 20 3752 3600 Fax: +44 (0) 20 7353 0487 28 April 2016 rachel.graham@harneys.com ReneSola Ltd Dear Sirs Annual Report on Form 20-F Yours faithfully HARNEY WESTWOOD & RIEGELS LLP Harney Westwood & Riegels LLP is a limited liability partnership registered in] [[Letterhead of Haiwen & Partners] April 28, 2016 ReneSola Ltd Dear Sirs, Yours faithfully, Haiwen & Partners] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in Registration Statements Nos. 333-153647 and 333-175479 on Form S-8 and Nos. 333-189650 and 333-197388 on Form F-3 of our reports dated April 28, 2016, relating to the consolidated financial statements and financial statement schedule of ReneSola Ltd and subsidiaries (the “Company”) and the effectiveness of]
[] [List of Principal Subsidiaries Subsidiaries Place of Incorporation Percentage of 1. ReneSola Zhejiang Ltd., formerly known as Zhejiang People’s Republic of China (“PRC”) 100 % 2. Sichuan ReneSola Silicon Material Co., Ltd. PRC 100 % 3. ReneSola Jiangsu Ltd, formerly known as Wuxi Jiacheng Solar Energy Technology Co., Ltd. PRC 100 % 4. Zhejiang ReneSola System Integration Ltd., formerly known] [Certification by the Chief Executive Officer I, Xianshou Li, certify that: 1. I have reviewed this annual report on Form 20-F of ReneSola Ltd (the “Company”); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [Certification by the Chief Financial Officer I, Yuanyuan (Maggie) Ma, certify that: 1. I have reviewed this annual report on Form 20-F of ReneSola Ltd (the “Company”); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of] [Certification by the Chief Executive Officer (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Xianshou Li Chief Executive Officer] [Certification by the Chief Financial Officer (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Yuanyuan (Maggie) Ma Chief Financial Officer] [Harney Westwood & Riegels LLP Ground Floor, 5 New Street Square London EC4A 3BF United Kingdom Tel: +44 (0) 20 3752 3600 Fax: +44 (0) 20 7353 0487 28 April 2016 rachel.graham@harneys.com ReneSola Ltd Dear Sirs Annual Report on Form 20-F Yours faithfully HARNEY WESTWOOD & RIEGELS LLP Harney Westwood & Riegels LLP is a limited liability partnership registered in] [[Letterhead of Haiwen & Partners] April 28, 2016 ReneSola Ltd Dear Sirs, Yours faithfully, Haiwen & Partners] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in Registration Statements Nos. 333-153647 and 333-175479 on Form S-8 and Nos. 333-189650 and 333-197388 on Form F-3 of our reports dated April 28, 2016, relating to the consolidated financial statements and financial statement schedule of ReneSola Ltd and subsidiaries (the “Company”) and the effectiveness of]
[ReneSola Announces Convertible Note and Share Repurchases Shanghai, China, March 16, 2016 The Company announced on September 23, 2015 that its Board of Directors authorized a share repurchase program, under which the Company may repurchase up to $20 million of its outstanding American depositary shares (“ADSs”) within the next 12 months. Since the announcement of such ADSs repurchase program, the] []
[ReneSola Announces Convertible Note and Share Repurchases Shanghai, China, March 16, 2016 The Company announced on September 23, 2015 that its Board of Directors authorized a share repurchase program, under which the Company may repurchase up to $20 million of its outstanding American depositary shares (“ADSs”) within the next 12 months. Since the announcement of such ADSs repurchase program, the] []
[ReneSola Announces Changes to Board of Directors and Board Committees Shanghai, China, March 8, 2016 Ms. Julia Xu is the Founder and Managing Director of Oravida, a New Zealand-based group specializing in the branding and promotion of New Zealand’s premium food products primarily for the Chinese market. Prior to establishing Oravida in New Zealand, Ms. Xu was the Chief Financial] [ReneSola Announces Fourth Quarter and Full Year 2015 Results Shanghai, China, March 8, 2016 Fourth Quarter 2015 Highlights Q4 2015 Q/Q Change Y/Y Change Revenue $ 296.4 -19.5 % -23.4 % Gross Profit $ 47.5 -20.0 % -7.3 % Operating Income $ 16.9 +48.3% N/A Net Income $ 6.7 -22.6 % N/A · Revenue of $296.4 million exceeded management guidance] []
[ReneSola Announces Changes to Board of Directors and Board Committees Shanghai, China, March 8, 2016 Ms. Julia Xu is the Founder and Managing Director of Oravida, a New Zealand-based group specializing in the branding and promotion of New Zealand’s premium food products primarily for the Chinese market. Prior to establishing Oravida in New Zealand, Ms. Xu was the Chief Financial] [ReneSola Announces Fourth Quarter and Full Year 2015 Results Shanghai, China, March 8, 2016 Fourth Quarter 2015 Highlights Q4 2015 Q/Q Change Y/Y Change Revenue $ 296.4 -19.5 % -23.4 % Gross Profit $ 47.5 -20.0 % -7.3 % Operating Income $ 16.9 +48.3% N/A Net Income $ 6.7 -22.6 % N/A · Revenue of $296.4 million exceeded management guidance] []
[ReneSola Names Maggie Ma as Permanent Chief Financial Officer Shanghai, China, March 4, 2016 Xianshou Li, ReneSola’s Chief Executive Officer, said, “Maggie has performed admirably during the last five months as interim Chief Financial Officer and I am pleased to announce that she has been named CFO in a permanent role. Maggie has the full support of both ReneSola’s Board] []
