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Hanwha SolarOne announces new NASDAQ ticker symbol

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Hanwha SolarOne, a vertically integrated manufacturer of silicon ingots, wafers, PV cells and modules, has come up with its new ticker symbol of HSOL at NASDAQ.

According to the global energy company, it rang the closing bell at the American stock exchange to commemorate the company’s updated brand and new ticker symbol on Saturday morning (Korea Standard Time).

The closing bell ceremony serves as a platform to generate exposure for a company, make a news announcement or celebrate corporate milestones.

In December last year, Hanwha SolarOne changed its name from Solarfun Power Holdings (SOLF), reflecting its efforts to strengthen its brand worldwide and the business partnership with its largest shareholder, Hanwha Group, which is active in solar project development and financing and plans to produce polysilicon in the future.

The 15-minute ceremony was aired live on the NASDAQ’s MarketSite Tower, which exposed SolarOne and Hanhwa to the capital of world finance.

SolarOne, whose 49.9 percent stake is owned by Hanwha, has formed 500 megawatt solar battery and 900 megawatt module assembly operational capacities.