Neo Solar Power Corporation (“NSP”, or “the Company”, publicly listed on Taiwan Stock Exchange, Ticker: 3576 TT), a world-class leading integrated PV solution provider with expertise in high conversion efficiency products and global solar system development capabilities in Hsinchu, Taiwan, announced February 2017 revenue of NT$ 735 million. With fewer working days in February, monthly revenue maintained the same as that in January.

NSP continued to adjust company strategy and reshaped company structure, such as gradually reduce negative-margin multicrystalline manufacturing capacity, increase higher-margin monocrystalline products, especially passivated emitter rear contact (PERC) solar cells and enter next-generation product development, such as HJT solar cell. In addition, NSP will increase Taiwan module capacity and expand downstream solar system project business actively to improve overall company performance.