China Sunergy Regains Compliance with NASDAQ Total Assets/Rev Rule

      China Sunergy Regains Compliance with NASDAQ Total Assets/Rev Rule

PR Newswire

NANJING, China, July 31, 2013

NANJING, China, July 31, 2013 /PRNewswire/ --China Sunergy Co., Ltd. (NASDAQ:
CSUN) ("China Sunergy" or "the Company") today announced that it has received
a letter dated July 30, 2013 (the "Letter") from NASDAQ Stock Market LLC
("NASDAQ") notifying the Company that it has regained compliance with the
alternative continued listing requirements under NASDAQ Listing Rule
5450(b)(3) (the "Listing Rule").

As previously disclosed, the Company received a notice from NASDAQ dated May
2, 2013, indicating that, the Company's reported stockholders' equity as of
December 31, 2012 fell below the US$10 million threshold as required by the
Listing Rule 5450(b)(1)(A).

In the Letter, NASDAQ informed the Company that it had determined that for the
previous 10 consecutive business days, from July 16, 2013 to July 29, 2013,
the Company's market value of publicly held shares has been $15,000,000 or
greater. Accordingly, the Company has regained compliance with the Listing
Rule and this matter is now closed.

About China Sunergy Co., Ltd.

China Sunergy Co., Ltd. (NASDAQ:CSUN) designs, manufactures and delivers high
efficiency solar cells and modules to the world from its production centers
based in China and Turkey. China Sunergy also invests in high potential solar
projects. Founded in 2004, China Sunergy is well known for its advanced solar
cell technology, reliable product quality, and excellent customer service.

For more information, please visit our website at

Investor and Media Contacts:

China Sunergy Co., Ltd.
Elaine Li
Phone: + 86 25 5276 6696

Asia Bridge Group Limited
Wendy Sun
Phone: + 86 10 8556 9033

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 facts in this
announcement are forward-looking statements. These forward-looking statements
are based on current expectations, assumptions, estimates and projections
about the Company and the industry, and involve known and unknown risks and
uncertainties, including but not limited to, the Company's ability to raise
additional capital or renew existing bank borrowings as they become due to
finance the Company's activities; the Company's customers' financial condition
and creditworthiness, and their ability to settle accounts receivables; the
effectiveness, profitability, and the marketability of its products;
litigations and other legal proceedings, including any decisions by the US
International Trade Committee and Department of Commerce on the petitions
filed; the economic slowdown in China and elsewhere and its impact on the
Company's operations; demand for and selling prices of the Company's products,
execution of our strategy to expand into downstream solar power businesses,
the future trading of the common stock of the Company; the ability of the
Company to operate as a public company; the period of time for which its
current liquidity will enable the Company to fund its operations; the
Company's ability to protect its proprietary information; general economic and
business conditions; 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; future
shortage or availability of the supply of raw materials; impact on
cost-competitiveness as a result of entering into long-term arrangements with
raw material suppliers and other risks detailed in the Company's filings with
the Securities and Exchange Commission. The Company undertakes no obligation
to update forward-looking statements to reflect subsequent occurring events or
circumstances, or to 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 its
expectations will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated results.

SOURCE China Sunergy Co., Ltd.

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