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China Sunergy Announces First Quarter 2013 Financial Results

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NANJING, China, July 1, 2013 /PRNewswire/ -- China Sunergy Co., Ltd. (CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced its financial results for the first quarter ended March 31, 2013. Mr. Stephen Cai, CEO of China Sunergy, commented, "We are pleased that despite the industry's persistent oversupply, the Company was able to grow revenue and returned to positive gross margin in the first quarter. We continued our geographic diversification, and took further steps to reduce operating expenses. As we focus on profitability for the remainder of 2013, we remain optimistic in the solar industry...

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