STR Holdings, Inc. announced the appointment of the executives to serve in new roles within the company's senior management team, effective August 1, 2015. Qu Chao, currently a Director of STR's Board, has been appointed as Vice President of Strategic Investment for STR Holdings, Inc. In this newly created position, Mr. Qu, a specialist in downstream solar development and finance, will support STR's efforts to diversify within the renewable energy space. Kong Weijie has been appointed as Vice President, Business Development and General Manager, China.

In his role as General Manager, Mr. Kong will lead STR China's encapsulant operations. Serving in his capacity as Vice President of Business Development, Mr. Kong will focus on the development of new lines of business for STR Holdings, Inc. Mr. Kong was appointed as the assistant of Zhenfa Group in March 2015 and also serves as the director of Zhenfa Group's Procurement Department, where he is responsible for the procurement function of the Zhenfa Group. Mr. Kong also currently serves as STR's Director of Sales in China pursuant to the Sales Service Agreement between the Company and Zhenfa.

Messrs. Qu and Kong will continue to remain employed by the Zhenfa organization, though each will reduce their time commitments within Zhenfa in order to fulfill their responsibilities to STR.