China Sunergy Co. Ltd. announced that Yongfei Chen has tendered his resignation of the Chief Financial Officer for personal reasons. Mr. Chen's resignation will be effective from October 31, 2014.

Mr. Shiliang Guo, has been appointed as Acting Chief Financial Officer effective from November 1, 2014. Mr. Guo has been a director of China Sunergy since May 2009 and he has been the chief financial officer of China Electric Equipment Group Co. Ltd. Mr. Shiliang Guo previously served as the Acting CFO of the Company from May to October in 2009.