LDK Solar Announces Executive Appointments

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XINYU CITY, China and SUNNYVALE, Calif., October 4, 2010 -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, today announced three new appointments to its management team whose industry experience and expertise will support the Company’s growth plans.

The following additions have been made to LDK Solar's management team:
·Bing Zhu as Chief Strategy Officer
·Fei Yun as Vice President of Cell Technology
·Dr. Seok-Jin Lee as Vice President of Module Sales and Marketing


"I am delighted to welcome Bing, Fei and Seok-Jin to LDK Solar's management team. In their respective areas, each brings significant expertise and a strong track record as well as considerable management experience," continued Mr. Peng. "We look forward to leveraging their backgrounds and extensive industry knowledge to accelerate our expansion in polysilicon, solar cells and solar modules. We are excited to have them on board."

Bing Zhu has over 24 years of finance and related experience. Mr. Zhu previously served as Chief Financial Officer and Board Director at Chemspec International Ltd. and Canadian Solar Inc. Prior to that, Mr. Zhu worked four years in commercial banking and four years at Raytheon Corporation in market development for its commercial electronics, engineering & construction and commercial aircraft divisions in China. Mr. Zhu holds a bachelor's degree in business management from Zhejiang University of Technology in China and a master in business administration degree from China Europe International Business School.

Fei Yun has more than 25 years of experience in research and development with extensive expertise in silicon solar cells. Mr. Yun's previous experience includes technology management roles at Solar Enertech Corporation, Solarfun Power Holding Company and Tera Solar Technologies. Mr. Yun was also Assistant Managing Director at Green Acres Photovoltaic Devices and Systems at the University of New South Wales. Mr. Yun received his bachelor's degree in physics and semiconductors from Jinan University, his master's degree in solar energy from the Asian Institute of Technology in Bangkok, Thailand and is a doctoral candidate in silicon solar cells at the University of New South Wales, School of Electrical Computer Engineering in Sydney, Australia.

Dr. Seok-Jin Lee has over 26 years experience working in various marketing and project management positions. Most recently, Dr. Lee served as Chief Operating Officer of Yingli Green Energy Holding Company. Prior to that, he worked at Hyundai Heavy Industries Company as General Manager of the marketing department. Dr. Lee holds a bachelor's degree in electrical engineering from Pusan National University and a master's and doctorate degree in electrical engineering from Yonsei University in Korea.

 

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