Canadian Solar Inc. Appoints Leslie Li Hsien Chang as an Independent Director
September 30, 2020 at 06:35 am EDT
Share
Canadian Solar Inc. announced the appointment of Leslie Li Hsien Chang as an independent director to Canadian Solar's Board of Directors, effective September 25, 2020. Mr. Leslie Li Hsien Chang has been serving as Senior Advisor to CITIC Capital (Holdings) Limited since 2014. Additionally, and in preparation for the planned carve-out IPO in China of Canadian Solar's Module and System Solutions ("MSS") subsidiary, or CSI Solar Co. Ltd. ("CSI Solar"): Additionally, and in preparation for the planned carve-out IPO in China of Canadian Solar's Module and System Solutions ("MSS") subsidiary, or CSI Solar Co. Ltd. ("CSI Solar"): Yan Zhuang is appointed as President of CSI Solar, stepping down from his role as President and Chief Operating Officer of Canadian Solar. Mr. Zhuang remains as a director on the Canadian Solar board. Guangchun Zhang is appointed as Senior Vice President, Operations and Technology, of CSI Solar, stepping down from his role as Senior Vice President and Chief Manufacturing Officer of Canadian Solar. Both appointments are effective September 29, 2020. Concurrently, Leslie Li Hsien Chang, Yan Zhuang and Guangchun Zhang are appointed to the board of CSI Solar, effective September 25, 2020. Mr. Yan Zhuang joined the Canadian Solar management team in 2009 after initially joining the Company as an independent director in 2007. Over the past 11 years, he has served various leadership roles, most recently as President and Chief Operating Officer, and previously as Acting Chief Executive Officer, Senior VP and Chief Commercial Officer, and VP of Global Sales and Marketing. Mr. Zhuang has been instrumental in Canadian Solar's international expansion, building up the Company's global brand, sales teams, business development channels and support operations. Prior to joining Canadian Solar, Mr. Zhuang brought over 20 years' experience, running his own business startups as well as serving in a number of leadership roles in business development and strategy, corporate branding, and sales and marketing in multinational companies, including as Asia Pacific regional director of marketing planning at Motorola Inc. and regional head of Asia at Hands-on Mobile Inc., a global media and entertainment company.
Canadian Solar Inc. is a Canada-based solar technology and renewable energy company. The Company is a manufacturer of solar photovoltaic modules, a provider of solar energy and battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. It operates through two segments: Recurrent Energy, and CSI Solar. The Recurrent Energy segment is vertically integrated and has expertise in greenfield origination, development, financing, execution, operations and maintenance, and asset management. The CSI Solar segment consists of solar module and battery energy storage manufacturing, and delivery of total system solutions, including inverters, solar system kits, and engineering, procurement, and construction (EPC) services. It has developed, built, and connected around 10 GWp of solar power projects and 3.3 GWh of battery energy storage projects across the world.