Monday, April 30, 2012
XINYU CITY, China and SUNNYVALE, Calif., April 30, 2012 /PRNewswire/ -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic (PV) products, today announced that the company will file a Form 12b-25 to extend the filing date of its Annual Report on Form 20-F for the year ended December 31, 2011.
The company is unable to file its Form 20-F for the year ended December 31, 2011 on or before the prescribed due date of April 30, 2012 because it needs additional time to finalize certain items in its fourth quarter 2011 financial results, primarily caused by the changes in market conditions, including an impairment analysis of long-lived assets and an assessment of inventory write-downs and provisions for certain receivables.
The company anticipates that the Form 20-F will be filed on or before May 15, 2012.
About LDK Solar (NYSE: LDK)
LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. For more information about LDK Solar and its products, please visit www.ldksolar.com.
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