Trina Solar Announces Selection of KPMG as its Independent Auditors

     Trina Solar Announces Selection of KPMG as its Independent Auditors

PR Newswire

CHANGZHOU, China, June 26, 2012

CHANGZHOU, China, June 26, 2012 /PRNewswire-Asia/ -- Trina Solar Limited
(NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated
manufacturer of solar photovoltaic products from the production of ingots,
wafers and cells to the assembly of PV modules, announced today that its board
of directors and audit committee approved the appointment of KPMG as its
independent auditors for the year ending December 31, 2012.  The selection of
KPMG was made as part of a structured rotation of the Company's audit service
providers and is subject to shareholder's approval at the Company's annual
general meeting.  The Company is working closely with its prior audit firm,
Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte"), and KPMG to ensure a seamless
transition.

"We would like to thank Deloitte for the service of their experienced and
dedicated team over the past several years," said Mr. Jifan Gao, chairman and
chief executive officer of the Company.  "We look forward to working with the
KPMG team."

Deloitte's report on the Company's consolidated financial statements for the
past two years did not contain any adverse opinion or a disclaimer of opinion
and was not qualified or modified as to uncertainty, audit scope, or
accounting principles.  In the Company's two most recent fiscal years and
subsequent interim period preceding the appointment of the new auditors, the
Company and Deloitte did not have any disagreements on any matter of
accounting principles or practices, financial statement disclosure, or
auditing scope or procedures that would have caused Deloitte to make reference
to the subject matter of the disagreement in connection with its report on the
Company's consolidated financial statements. 

About Trina Solar Limited

Trina Solar Limited (NYSE:TSL) is a leading manufacturer of high quality
modules and has a long history as a solar PV pioneer since it was founded in
1997 as a system installation company. Trina Solar is one of the few PV
manufacturers to have developed a vertically integrated business model, from
the production of monocrystalline and multicrystalline silicon ingots, wafers
and cells to the assembly of high quality modules. Trina Solar's products
provide reliable and environmentally-friendly electric power for a growing
variety of end-user applications worldwide. For further information, please
visit Trina Solar's website at www.trinasolar.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact in this
announcement are forward-looking statements, including but not limited to, the
Company's ability to raise additional capital to finance the Company's
activities; the effectiveness, profitability and marketability of its
products; the future trading of the securities of the Company; the Company's
ability to operate as a public company; the period of time for which the
Company's current liquidity will enable the Company to fund its operations;
general economic and business conditions; demand in various markets for solar
products; the volatility of the Company's operating results and financial
condition; the Company's ability to attract or retain qualified senior
management personnel and research and development staff; and other risks
detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions, estimates
and projections about the Company and the industry in which the Company
operates. The Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances, or changes
in its expectations, except as may be required by law. Although the Company
believes that the expectations expressed in these forward looking statements
are reasonable, it cannot assure you that such expectations will turn out to
be correct, and the Company cautions investors that actual results may differ
materially from the anticipated results.

For further information, please contact:
Trina Solar Limited
Terry Wang, CFO

Phone: + (86) 519-8548-2009 (Changzhou)

Thomas Young, Vice President, Investor Relations

Phone: + (86) 138-6118-3779 (Global)

Email: ir@trinasolar.com
 

Brunswick Group

Michael Fuchs

Phone: + (86) 10-6566-2256

Email: trina@brunswickgroup.com

 


 

SOURCE Trina Solar Limited

Website: http://www.trinasolar.com