INTRODUCTION

Jetion is a fast growing manufacturer of high quality solar cells and modules which convert sunlight directly into electricity. The group was founded in December 2004 and is located in the Jiangsu Province (about two hours from Shanghai) in the People’s Republic of China. The group’s products are deployed in a wide variety of industries, including generation, illumination, street lighting, national defence and maritime. Jetion has approximately 900 employees, nearly all of whom are based at its manufacturing facility in the Jiangyin Municipality. In response to the world-wide growth in solar power Jetion has imported industry leading manufacturing equipment from Germany, Italy and the United States and currently boasts four state-of-the-art 25 MW solar cell production lines (constituting 100 MW of capacity per annum). In addition, Jetion continues to develop its capacity to convert solar cells to modules and increased the module capacity to 50MW per annum currently. Jetion is well placed for future expansion with over 1million square feet of land (including manufacturing, office and warehouse space), The increased awareness on renewable energy and climate change has led to demand of solar power elements outstripping supply with Government subsidies and falling costs and prices continuing to support the industry growth. Jetion is arguably better placed than many of its competitors due to its capacity to seamlessly expand its manufacturing facilities, whilst benefiting from the local low tax rates and low labour costs.