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 November 2017 revenue of NT$ 1,110 million, representing an MoM decrease of 12.71% and a YoY increase of 23.62%.

The decrease of NSP’s Nvember revenue was resulted from decreased shipment in November. Year-to-date cumulative revenues reached NT$ 9,231 million as of November 30th, 2017, a 40.10% decrease in YoY terms as opposed to 15,410 million of year 2016.

Although the shipment for demand in fourth quarter has been slow down due to weather and Thanksgiving & Christmas holidays, the demand for Taiwan domestic market remained strong. November shipment volume even set a historical high for single month record. Look into the future, the overall domestic demand is expected to grow continuously. NSP will continue proceed to develop & construct downstream solar system projects to improve the company performance and help Taiwan government to expedite installation of renewable energy in the meantime.