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| ¡@ | ¡@ | Gloria Solar Ltd., founded in August 2006, is a leading manufacturer in Taiwan, producing high quality solar products including specialty panels for automobile applications, building integrated photovoltaic (BIPV) modules and standard PV modules. Gloria Solar completed vertical integration from ingots, wafers, module production, to system installation, with aggressive plan to become one of the most important PV companies in the world. Our shareholders include Acer Group, E-TON Group, Hsin Chong and YULON Group. Acer is in the top IT brand in Europe, and YULON is the largest Taiwanese automaker, who OEM for Nissan, Mitsubishi, GM, Daimler-Chrysler. And "Hsin Chong" is the number one Taiwan car sunroof manufacturer. In August 2007, Gloria Solar has finalized a joint venture with Spire Corporation (http://www.spirecorp.com/), to address the solar photovoltaic (PV) systems market in the United States. The Joint Venture's business is named Gloria Spire Solar, LLC, and it will headquarter its operations in Bedford, Massachusetts. Gloria Spire Solar(http://www.gloriaspire.com/) has conducted business as a PV Systems integrator in USA, designing, marketing, selling, and managing installations of solar PV systems, with particular focus on the commercial/industrial and utility markets. In June 2007, Gloria Solar and E-Ton Solar jointly 100% acquired ADEMA Technologies, Inc.(http://www.adematechnologies.com/), headquartering in USA and manufacturing and distribution of mono-crystalline ingots and wafers. Through this Joint Venture, Gloria Solar completed vertical integration from ingots, wafers, module production, to system installation. |
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