COMMISSION IMPLEMENTING REGULATION (EU) 2017/1570

16.9.2017 | EN | Official Journal of the European Union | L 238/22 ---|---|---|--- * * * COMMISSION IMPLEMENTING REGULATION (EU) 2017/1570 of 15 September 2017 amending Implementing Regulation (EU) 2017/366 and Implementing Regulation (EU) 2017/367 imposing definitive countervailing and anti-dumping duties on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China and repealing Implementing Decision 2013/707/EU confirming the acceptance of an undertaking offered in connection with the anti-dumping and anti-subsidy proceedings concerning imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China for the period of application of definitive measures THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Regulation (EU) 2016/1036 of the European Parliament and of the Council of 8 June 2016 on protection against dumped imports from countries not members of the European Union (1) (‘the basic anti-dumping Regulation’), and in particular Article 11(3) and Article 8(9) thereof, Having regard to Regulation (EU) 2016/1037 of the European Parliament and of the Council of 8 June 2016 on protection against subsidised imports from countries not members of the European Union (2) (‘the basic anti-subsidy Regulation’), and in particular Article 19 and Article 13(9) thereof, Whereas: 1\. PROCEDURE 1.1. Measures in force (1) | By Regulation (EU) No 1238/2013 (3) the Council imposed a definitive anti-dumping duty on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China (or ‘PRC’) (the original anti-dumping investigation). The measures took the form of an ad valorem duty ranging between 27,3 % and 64,9 %. ---|--- (2) | By Regulation (EU) No 1239/2013 (4), the Council imposed definitive countervailing duties up to 11,5 % on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China (the original anti-subsidy investigation). ---|--- (3) | The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (‘CCCME’) submitted, on behalf of a group of exporting producers, a price undertaking to the Commission. By Decision 2013/423/EU (5), the Commission accepted that price undertaking with regard to the provisional anti-dumping duty. Following the notification of an amended version of the price undertaking by a group of exporting producers together with the CCCME, the Commission confirmed by Implementing Decision 2013/707/EU (6) the acceptance of the price undertaking as amended for the period of application of anti-dumping and countervailing definitive measures. The Commission also adopted a Decision clarifying the implementation of the undertaking (7) and 11 Regulations withdrawing the acceptance of the undertaking for several exporting producers (8). ---|--- (4) | By Implementing Regulation (EU) 2016/12 (9), following a partial interim review limited in scope to the benchmark used as a reference for the price adaption mechanism set out in the above undertaking, the Commission terminated the partial interim review without amending the measures. ---|--- (5) | By Implementing Regulations (EU) 2016/185 (10) and (EU) 2016/184 (11), the Commission extended the definitive anti-dumping and countervailing duties on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China to imports of crystalline silicon photovoltaic modules and key components (i.e. cells) consigned from Malaysia and Taiwan with the exception of a number of genuine producers. ---|--- (6) | By Implementing Regulation (EU) 2017/367 (12) the Commission extended the definitive anti-dumping duty on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China following an expiry review pursuant to Article 11(2) of the basic anti-dumping Regulation and terminated the partial interim review investigation pursuant to Article 11(3) of the basic anti-dumping Regulation (‘expiry review anti-dumping investigation’). ---|--- (7) | By Implementing Regulation (EU) 2017/366 (13) the Commission extended a definitive countervailing duty on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China following an expiry review pursuant to Article 18(2) of the basic anti-subsidy Regulation and terminated the partial interim review investigation pursuant to Article 19(3) of the basic anti-subsidy Regulation (expiry review anti-subsidy investigation) (the expiry review anti-dumping investigation and the expiry review anti-subsidy investigation are hereinafter commonly referred as ‘expiry review investigations’). ---|--- (8) | By Implementing Decision (EU) 2017/615 (14), the Commission accepted the proposal from the exporting producers to maintain the minimum import price (‘MIP’) at the level applicable in March 2017. ---|--- 1.2. Initiation of a partial interim review (9) | On 3 March 2017 the Commission initiated ex officio this partial interim review limited to the form of the measures pursuant to Article 11(3) of the basic anti-dumping Regulation and Article 19 of the basic anti-subsidy Regulation (15) (‘the Notice of Initiation’). The Commission's intention to initiate this review was announced in the Union Interest chapter of the two expiry review regulations as a means to strike the right balance between the diverging interests that the expiry review investigations had found to exist on the solar market for the remaining period of the measures' duration (16). ---|--- 1.3. Interested parties (10) | In the Notice of Initiation, the Commission invited interested parties to contact it in order to participate in the investigation. In addition, the Commission informed the CCCME, known exporting producers in the PRC and the PRC authorities of the investigations and invited them to participate. ---|--- (11) | Interested parties had an opportunity to comment on the initiation of the investigation and to request a hearing with the Commission and/or the Hearing Officer in trade proceedings. ---|--- 1.4. Disclosure (12) | On 19 July 2017, the Commission disclosed to all interested parties the essential facts and considerations of the investigation and invited them to comment within 14 days. The Commission received replies, within the deadline, from 20 interested parties, namely the association of the Union producers, seven Union producers, two associations of users, four upstream and downstream interested parties in the Union, four Chinese exporting producers, the CCCME and the Government of the PRC. Subsequently, the Commission sent an additional disclosure document to all interested parties and invited them to comment. This redisclosure was limited to only two elements of the methodology for establishing the MIP and a provision regarding the entry into force of this regulation. ---|--- 2\. FINDINGS OF THE INVESTIGATION (13) | The Commission sent a request for information on 21 March 2017 to more than 100 interested parties. It received replies from 26 interested parties: two Union producers; five European upstream and downstream companies as well as three associations; the CCCME; the Government of the PRC; 13 exporting producers and one Malaysian exporting producer. ---|--- 2.1. Variable duty under the form of a minimum import price (14) | The current form of the measures is an ad valorem anti-dumping duty set out in Article 1 of Implementing Regulation (EU) 2017/367 and ad valorem countervailing duty set out in Article 1 of Implementing Regulation (EU) 2017/366. A price undertaking was offered by a group of cooperating exporting producers together with the CCCME and accepted by the Commission. One of the core elements of the undertaking is the MIP which is subject to a quarterly adjustment mechanism. Under the price undertaking accepted by the Commission, the MIP for the modules and cells is adjusted quarterly by reference to international spot prices of modules including Chinese prices as reported by the Bloomberg database. The undertaking was initially accepted from more than 120 companies/company groups. In the meantime, the Commission withdrew its acceptance of the undertaking for 14 companies. Twelve of these were found to have breached the undertaking while the remaining two companies had business models that made it impracticable to monitor their compliance with the undertaking. In addition, 15 other Chinese companies voluntarily withdrew from the undertaking (17). ---|--- (15) | When reviewing the interests of unrelated importers and non-vertically integrated Union module manufactures in the expiry review investigations, the Commission received complaints about the heavy administrative burden put on them, while the Union producers complained about ongoing circumvention (18). For instance, both the CCCME and the exporting producers have to submit monthly and quarterly reports to the Commission for the monitoring of the undertaking. These reports have been essential to verify that the annual level is not exceeded and to carry out a first analysis whether the reported sales transactions comply with the MIP. ---|--- (16) | All the interested parties who replied to the request for information considered that a variable duty in the form of a MIP (‘variable duty MIP’) is a more appropriate form of measures than the previous ad valorem duty coupled with the price undertaking (‘undertaking MIP’). In particular the interested parties considered that a variable duty MIP will be more transparent, predictable and enforceable. The interested parties considered that a variable duty MIP would reduce the administrative burden and costs for the importers. Some of the interested parties encouraged the Commission to ensure that the new form of the measures does not impose significant restrictions on the Union companies in terms of their business deals with manufacturers worldwide. In their view, these restrictions resulted in significant risks, liabilities, expensive due diligence and delays for the Union importers. The same parties also claimed that the existing cap on volumes of imports contained in the undertaking should be removed as it added further administrative burden and did not serve any purpose as the imports were anyway significantly below it. ---|--- (17) | The Commission accepted these points. It considered that the measures should take the form of a variable duty MIP. The variable duty MIP means that eligible (19) imports with a declared value at, or above, the MIP would not be subject to duties and customs authorities will levy duties immediately if the product is imported at a price below the MIP. The variable duty MIP will alleviate the administrative burden on the exporting producers, the importers and the Commission as the monthly reporting by the CCCME and the quarterly reporting to the Commission by all the exporting producers will no longer be necessary. In addition, the level of the variable duty MIP will be published. This will provide transparency and enable a better enforcement of the measures. ---|--- (18) | The Commission also agreed with the interested parties that the variable duty MIP should not be accompanied by a list of additional restrictions and caps. Indeed, the exports have always been well below the annual level. It will be up to the Union customs authorities to verify if the companies involved did not enter into any cross compensation agreements and other arrangements circumventing the MIP. ---|--- 2.2. Distinction between mono-crystalline and multi-crystalline products (19) | Several interested parties companies, including the Union producers, considered that there should be separate variable duty MIP for different product types. Most of the interested parties also considered that the best differentiation is based on technology i.e. mono-crystalline vs multi-crystalline (sometimes also called poly-crystalline) products. Mono-crystalline and multi-crystalline products are priced differently and the main price indexes such as PV Insights and Energy Trend PV quote separate prices for mono- and multi-crystalline cells and modules. Mono-crystalline products are consistently more expensive as they have higher output per area of space. According to the price quotes by PV Insights (20), between 1 January 2014 and 31 March 2017 the average price difference between mono-crystalline and multi-crystalline modules was EUR 0,047/W and between multi-crystalline and mono-crystalline cells was EUR 0,040/W. ---|--- (20) | The distinction between mono-crystalline and multi-crystalline products also fits into the reasoning brought forward in the expiry review investigations to strike an appropriate balance between competing interests. On the one hand, it will better protect the Union industry, which is increasingly focusing on manufacturing high-end mono-crystalline products for the rooftop sector. On the other hand, such a distinction will serve better the interests of unrelated importers and engineering, procurement and construction companies (EPCs) active in the utility-scale sector, which need access to cheap commodity type multi-crystalline modules to be able to compete with other renewable energy sources in technology neutral tenders. ---|--- (21) | Mono-crystalline and multi-crystalline cells can be easily distinguished by customs authorities. Multi-crystalline cells are made of multi-crystalline silicon (multi-Si) consisting of small crystals. Mono-crystalline cells are made of mono-crystalline silicon (mono-Si), a continuous crystal. Mono- and multi-crystalline cells are never combined in one device, therefore there are no modules that are made with both mono- and multi-crystalline cells. Multi-crystalline modules are made exclusively of multi-crystalline cells; and mono-crystalline modules are made exclusively of mono-crystalline cells. Mono-crystalline products have higher efficiency of converting sunlight into electrical current, which results in a higher output per area of space. Mono-crystalline products can be identified from multi-crystalline products by physical inspection. The multi-crystalline cell is perfectly rectangular. A mono-crystalline cell, by contrast, has its four corners cut off. ---|--- (22) | Therefore, the Commission considered that there should be separate MIPs for mono-crystalline and multi-crystalline cells and modules and each of the four product types should have its own TARIC code. ---|--- 2.3. Gradual decrease of the variable duty MIP (23) | Under the current price undertaking accepted by the Commission, the MIP for modules and cells is adjusted quarterly by reference to international spot prices of modules, including Chinese prices, as reported by the Bloomberg database (also called Bloomberg or BNEF spot prices index). When accepting the undertaking, the Commission considered that this price reflected the non-injurious price and ensured sufficient supply of the Union with the product under consideration (21). ---|--- (24) | In the expiry review investigations the Commission became aware that throughout most of 2016 the undertaking MIP adjustment mechanism did not follow global price decreases, and hence no longer reflected the non-injurious price, as established in the original investigation. ---|--- (25) | In addition the previous adjustment system had cut European cell users (i.e. non-vertically integrated module makers) and module users (i.e. individuals and companies purchasing solar systems) off global efficiency gains (22). ---|--- (26) | Indeed, the evidence provided by the interested parties confirmed that the undertaking MIP stopped following the decreasing global price trend during 2016. Even if at the beginning of 2017 the MIP got significantly decreased, there was still a significant gap between the MIP and the global prices (23). ---|--- (27) | Therefore the Commission investigated whether there was another benchmark, which would better reflect the non-injurious price level as established in the original investigation and global cost and price decreases. ---|--- (28) | One Union producer and an association of the Union producers claimed that the new MIP adaptation mechanism should be based on the solar industry learning rate. The evidence provided by all interested parties confirmed that the cost of production in the solar industry has been continuously falling, which is reflected in the learning rates of the solar industry. However, several other interested parties commented extensively why the solar industry learning rates are not suitable as a benchmark for a MIP adaptation mechanism. First, the parties claimed that the studies which report learning rates estimate these rates over long periods of time. Therefore they do not reflect short term dynamics in the market. In addition, the time period under consideration has a significant impact on the results. For example, the latest International Technology Roadmap for Photovoltaic (‘ITRPV’) reports the rate of 22,5 % over 40 years (24) and a rate of 39 % over the last 10 years (25). The interested parties also claimed that the primary aim of the learning rates is not to forecast the development of prices in the near future. For instance, the ITRPV's learning rate is part of the project whose aim it is to inform suppliers and customers about anticipated technology trends and to stimulate discussion on required improvements and standards. ---|--- (29) | Finally, the learning curve rate indicates the decrease in prices for each doubling of global cumulative module shipments (26). Forecasting the demand is by its very nature characterised by significant uncertainty. As one of the interested parties pointed out: ‘It is important to note that forecasts of future demand and growth are only educated guesses and highly dependent on factors such as the trade policies in place in different markets, changes to support schemes and changes to the regulatory framework governing solar PV in each market’. For these reasons there are several forecasts of the evolution of the global demand, which are produced by several organisations. ---|--- (30) | The Commission accepted these arguments and noted the following. If the Commission had decided to use the learning rate for the MIP adaptation mechanism, it would have needed to assess which of these two rates would be more suitable to forecast the evolution of the cost decline in the solar sector over the next 18 months. Making such an assessment would have introduced a significant element of complexity. Furthermore, the learning curve rate indicates the decrease in prices for each doubling of global cumulative module shipments (27). Most of the forecasts made available to the Commission predict that the cumulative solar module shipments could double in about 2020 or 2021. Therefore, as the precise prediction is impossible, the Commission would be obliged to make an educated guess and choose a precise date when the cumulative shipments will double between 1 January 2020 and 31 December 2021, which entails a high degree of uncertainty. Finally, the Commission noted that none of the downstream and upstream companies who replied to the request for information uses the solar industry learning rates to forecast the evolution of prices. ---|--- (31) | Therefore, the Commission concluded that using the solar industry learning rates to adapt the MIP would introduce considerable uncertainties, which would render any precise predictions on price developments impossible. Therefore, the Commission decided to rely on another benchmark, which is based on more recent, transparent and reliable data. ---|--- (32) | Most of the interested parties claimed that the new adjustment mechanism should be based on the price quotes by Taiwanese market intelligence agency PV Insights. Only Solar World, the largest European producer, considered PV Insights unreliable. PV Insights was also considered to be the most widely used by the interested parties. Several parties pointed out that the prices quoted by PV Insights and its price development trends were in line with the prices and trends quoted by another index trusted by the industry, i.e. Energy Trend PV (run by another market intelligence also based in Taiwan). By contrast, the prices quoted by the index used at present, i.e. Bloomberg database were subject to much more volatility and around December 2015 Bloomberg spot prices index started following a different trend from PV Insights and Energy Trend PV. The Bloomberg database is based on voluntary price quote submissions, which means that it has captured only a very small part of the market. ---|--- (33) | The Commission requested the ITRPV to provide more information on the solar prices that they used to calculate the solar industry learning rate. The ITRPV provided the price data and indicated that they currently use two sources — PV Insights and Energy Trend PV. Before the end of 2016, ITRPV had used a wider basket of prices, including Bloomberg spot prices index. Given that PV Insights is one of the two sources used by the ITRPV and that the prices quoted by PV Insights and Energy Trend PV have been broadly in line with each other, the level and evolution of prices that the ITRPV used to calculate the learning rate have been closely in line with the data reported by PV Insights, especially since the end of 2016. ---|--- (34) | The Commission devised a decreasing MIP system based on the PV Insights data, which was considered the most reliable and the most widely used by the solar industry. The starting point of this decreasing MIP system is based on the current non-injurious minimum price established under the price undertaking for cells (EUR 0,23/W) and modules (EUR 0,46/W). These prices, however, do not distinguish between the multi- and mono- products, which the new mechanism will do. The Commission found a price difference over a 3-year period between mono- and multi- cells and modules (28). The average of this price difference was evenly split between mono- and multi- cells and modules to establish the current non-injurious price for each product type i.e. EUR 0,210/W and EUR 0,437/W for multi-crystalline cells and modules, respectively and EUR 0,250/W and EUR 0,483/W for mono-crystalline cells and modules. These price will gradually converge towards the current prices reported by PV Insights (29), i.e. EUR 0,18/W and EUR 0,3/W for multi-crystalline cells and modules, respectively, and EUR 0,21/W and EUR 0,35/W for mono-crystalline cells and modules. ---|--- (35) | This adaptation mechanism will result in MIPs which by September 2018 will be at the level of global prices in the first quarter of 2017 (the latest available global prices for the whole quarter of the year). As the prices have been going aggressively down over the last three years, the margins of the key manufactures shrank considerably (30). Therefore, the Commission expected that such an aggressive drop in prices could not be sustained for much longer and the prices in September 2018 would not be significantly lower, and hence still offering some residual protection to the Union industry. ---|--- (36) | Accordingly, the mechanism allows the convergence towards world market prices in a relatively short timeframe. First, this ensures a return to the non-injurious price level as established in the original investigation. Second, this is in line with the findings in the expiry review investigations concerning the balance of interests under the Union interest test (31). It has furthermore the advantage of reflecting better the more recent technological developments and the price saving potential for consumers, which ensures that the users in the Union will no longer be cut off from the global efficiency gains. At the same time this mechanism provides adequate protection for the Union industry to adapt to increased competitive pressure once the measures lapse. ---|--- (37) | Following disclosure the Commission received many comments on the level of the variable duty MIP. The Union cell and module makers and their association claimed that the global market prices did not reflect the non-injurious level of prices as they are driven by the dumping of massive Chinese overcapacities. Therefore, the variable duty MIP based on the global price benchmark would be too low. They reiterated their claim that, instead, the MIP should be based on the long-term solar industry learning rate. However, when accepting the undertaking in July 2013, the Commission had already considered that international spot prices of modules, including Chinese prices, reflected the non-injurious price (32). Moreover, in the interim review terminated by Implementing Regulation (EU) 2016/12, the Commission concluded that the price benchmark including an increasing share of Chinese companies fulfilled its objective as set out in the measures in force (33). The Commission therefore rejected this claim. ---|--- (38) | The Union cell and module makers and their association also claimed that PV Insights is currently under investigation by the Taiwan Fair Trade Commission, Taiwan's national competition authority, following a complaint by the Taiwanese solar manufactures association. This investigation was opened on the basis of the claims that PV Insights index was dominated or even manipulated by Chinese price quotes and that the index's price level is below the cost of production in Taiwan. For them, relying on PV Insights would thus not be appropriate. ---|--- (39) | The Commission recalled that the downstream and upstream industries had considered PV Insights the most reliable index in their daily business. PV Insights was also one of the key price benchmarks for the ITRPV reports when estimating the solar industry learning rate. Until now the upstream and downstream industry did not cast any doubt on the reliability of the PV Insights index. Finally, the Taiwanese authorities have not yet made definitive findings on the allegations. The Commission will monitor the developments of the Taiwan Fair Trade Commission and will consider any action necessary in view of potential findings. At this stage, the Commission therefore rejected this claim. ---|--- (40) | The upstream and downstream European interested parties as well the Government of the PRC and the CCCME took issue with several aspects of the new MIP decrease. ---|--- (41) | First, these parties considered that the starting MIP was too high. They claimed that for mono-products the new variable duty MIP would be even higher than the previous undertaking MIP. Setting the variable duty MIP at an even higher level would, in their view, be in contradiction with the findings of the review investigation that the undertaking MIP was set too high relative to the non-injurious price. Consequently it would need to be brought down to the appropriate level. Some parties also claimed that the MIP applicable in the first quarter of 2017 was not an appropriate starting point for the variable duty MIP as the Commission had itself found that it was out of line with the global price developments. ---|--- (42) | The Commission took account of these comments and developed a new quarterly gradual decrease of the variable duty MIP. As the undertaking MIP was frozen from the second quarter of 2017 onwards, the Commission frontloaded the starting point of the gradual decrease. This starting point is set at the level of the frozen undertaking MIP decreased by the value of two quarterly adjustments that should have occurred while it was frozen, namely the second and third quarter of 2017. ---|--- (43) | Second, several parties considered that the ending variable duty MIP, i.e. the one applicable at the expiry of the measures in September 2018, was also too high. They claimed that, according to the PV Insights price quotes that were available following disclosure, the global solar prices already decreased. The Commission accepted the proposition that the latest available data should be used as the most appropriate proxy for the ending quarter. Therefore, it set the final variable duty MIP at the level of prices in the latest quarter available i.e. the second quarter of 2017. ---|--- (44) | These parties also claimed that the Commission's forecast that the decrease in solar prices would slow down was unfounded. However, the analysis of the PV Insights long-term price curve suggests that solar prices are cyclical — historically solar prices were dropping aggressively throughout several quarters and then stabilised or even slightly increased thereafter. During the current cycle the prices of modules have been continuously falling for a relatively long period of time, i.e. since the fourth quarter of 2015. At the same time, the cell prices that used to follow a similar trend have already stabilised or even slightly increased. The fact that the prices for the main raw material, i.e. cells, stabilised after a particularly long period of decreasing prices reinforces the Commission's forecast that the module prices would eventually stabilise too. Therefore, the claim was rejected. ---|--- (45) | The non-integrated module makers also claimed that the variable duty MIP indicated in the disclosure document decreased much faster for modules than for cells, which would affect disproportionately their profit margins. The Commission pointed out that such a difference in the slope of the decrease is an unavoidable consequence of the fact that the undertaking MIP for cells was much closer to global market prices than the undertaking MIP for modules. In addition, following disclosure, the Commission decreased the variable duty starting MIP, therefore the variable duty MIP will no longer be above the undertaking MIP for mono-cells. ---|--- (46) | Following redisclosure, upstream and downstream companies as well as their associations and the CCCME repeated their view that the MIP was too high even if it was adjusted further downwards, which some of them welcomed. On the other hand, the Union producers and their association reiterated that the MIP was too low and that it did not reflect the non-injurious price; that the MIP decreased disproportionally faster for modules than for cells and that PV Insights was not a reliable benchmark. ---|--- (47) | The Commission observed that none of these parties brought forward new arguments on the two new elements disclosed (frontloading of the gradual decrease and use of the most recent quarterly data). Rather, they repeated their general approach on the MIP that they had already outlined post disclosure, adapted to the new levels of the quarterly MIPs. Therefore, the Commission considered that it had already addressed the essence of these claims after disclosure. ---|--- (48) | Several parties also claimed that the period for comments was too short. The Commission considered that one working day was sufficient for the parties to comment, given that the disclosure was limited to only two elements of the methodology for establishing the MIP and a provision regarding the entry into force of this regulation. Therefore, the Commission rejected this claim. ---|--- (49) | The gradual decrease of the variable duty MIP will be as follows: | | MIP multi-crystalline cells (EUR/Watt) | MIP mono-crystalline cells (EUR/Watt) | MIP multi-crystalline modules (EUR/Watt) | MIP mono-crystalline modules (EUR/Watt) ---|---|---|---|--- Frozen undertaking MIP (34) | 0,21 0,23 – (0,04/2) | 0,25 0,23 + (0,04/2) | 0,43 0,46 – (0,047/2) | 0,48 0,46 + (0,047/2) 2nd quarter 2017 hypothetical adjustment (35) | 0,20 | 0,24 | 0,41 | 0,46 3rd quarter 2017 hypothetical adjustment (35) | 0,20 | 0,23 | 0,39 | 0,44 From 1 October 2017 until 31 December 2017 | 0,19 | 0,23 | 0,37 | 0,42 From 1 January 2018 until 31 March 2018 | 0,19 | 0,22 | 0,34 | 0,39 From 1 April 2018 until 30 June 2018 | 0,19 | 0,22 | 0,32 | 0,37 As from 1 July 2018 | 0,18 | 0,21 | 0,30 | 0,35 3\. SCOPE OF APPLICATION OF THE VARIABLE DUTY MIP (50) | The Commission noted that the price undertaking initially covered all companies cooperating in the initial investigation. Given that that the new variable duty MIP will replace this undertaking, the Commission found it appropriate that the new MIP shall only apply to those companies that were still part of the price undertaking or withdrew voluntarily without any previous issues identified by the Commission. ---|--- (51) | In return, the Commission considered that other companies should not be subject to the new MIP system, but to ad valorem duties in order not to undermine the effectiveness of the new form of measures. In particular, this exclusion should apply to companies for whom the Commission had withdrawn its acceptance of the undertaking for breaches of the undertaking. In these cases, the past conduct of the Chinese exporting producers at issue to have exported the product concerned below the non-injurious price or to have otherwise breached the undertaking constituted a sufficient ground for the Commission to assume that there is a considerable risk that they would equally not respect the new MIP. This would undermine the latter's effectiveness and therefore not provide the required protection against future injurious dumping. In the same vain, the companies who had voluntarily withdrawn from the undertaking in order to pre-empt the imminent withdrawal by the Commission should also not fall under the new variable duty MIP. ---|--- (52) | Following disclosure, three companies that had withdrawn voluntarily from the undertaking, but were not included in the Annex VI, provided substantiated comments why they considered that they had legitimate reasons for their withdrawal. On the basis of additional evidence provided by these companies, the Commission found that they had not breached the undertaking in the past. Moreover, no Commission withdrawal of the undertaking had been imminent prior to their voluntary withdrawal. The Commission was also satisfied that their withdrawal was done for reasons that did not indicate a considerable risk that they would not respect the new MIP in the future. Therefore, the Commission included these three companies in Annex VI. In addition, it also included two more companies, for which the acceptance of the undertaking had solely been withdrawn on ‘impracticability’ grounds. In these cases, there was no evidence that they had sold the product concerned to the Union market below the non-injurious price. ---|--- (53) | Following disclosure some exporting producers, the Government of the PRC and the CCCME also claimed that the new variable duty MIP should apply to all the Chinese exporting producers and that the exclusion of any exporter from the MIP violated in their view Article 9(5) of the basic anti-dumping Regulation and Article 15(2) of the basic anti-subsidy Regulation. The Commission recalled that it had set different duty levels for individual exporting producers, groups of other cooperating exporting producers and all other companies on non-discriminatory grounds. In addition, insofar as it concerns the variable duty MIP, the Commission has put in place a distinction between exporting producers on objective grounds only (namely, whether, on the basis of adherence to the conditions of the undertaking, the exposure to the variable duty MIP raises a considerable risk of non-compliance with the variable duty MIP). By basing itself on its investigations into the compliance with the undertaking, the Commission has thus determined that only certain companies should be subject to the variable duty MIP as they do not represent a risk of future non-compliance with the variable duty MIP. Those companies are: (i) exporting producers which respected the terms of the undertaking by exporting the product concerned to the Union at the respectively-determined non-injurious price level; and (ii) exporting producers which voluntarily withdrew from the undertaking without a view to pre-empt the imminent withdrawal of the undertaking by the Commission. Those companies should be subject to the variable duty MIP for exports of the product concerned to the Union. On the other hand, all those exporting producers which breached the undertaking, irrespective of whether such a breach has already been found to have occurred or whether such a breach will be found to have occurred in future investigations by the Commission, cannot be trusted to comply with the variable duty MIP. The respective uncapped ad valorem duty should, accordingly, apply to them. ---|--- (54) | The Commission continues to conduct investigations concerning the compliance with the price undertaking and may open new investigations for goods that were released for free circulation while the price undertaking was still in place. For those investigations, Articles 2 and 3 of Implementing Regulations (EU) 2017/366 and (EU) 2017/367 remain the applicable law. In particular, a customs debt will be incurred at the time of acceptance of the declaration for release into free circulation: (a) whenever it is established, in respect of imports invoiced by companies subject to the undertaking, that one or more of the conditions of the undertaking was not fulfilled; or (b) when the Commission finds that the undertaking was breached in a regulation or decision which refers to particular transactions and declares the relevant undertaking invoices as invalid. The Commission further considered that an exporting producer which is found to have breached the undertaking should not benefit from the variable duty MIP, even if these findings are made after the termination of the price undertaking. In those kind of cases, the variable duty MIP should no longer be applicable. The Commission should then remove the names of the respective company(ies) from the new Annex VI and the new Annex 5 by the same legal act in which the non-compliance is established. ---|--- (55) | Accordingly, the variable duty MIP will only apply to the legal entities listed in the new Annex VI to be added to Implementing Regulation (EU) 2017/367 and new Annex 5 to be added to the Implementing Regulation (EU) 2017/366. ---|--- 4\. OPERATION OF THE VARIABLE DUTY MIP (56) | Where goods from the legal entities listed in the new Annex VI to be added to Implementing Regulation (EU) 2017/367 and new Annex 5 to be added to Implementing Regulation (EU) 2017/366 are imported at a CIF Union border price equal to or above the variable duty MIP established, no duty would be payable. If such imports are made at a price below the variable duty MIP, the definitive duty should be equal to the difference between the applicable variable duty MIP and the net free-at-Union-frontier price, before duty. In no event shall the amount of the duty be higher than the combined ad valorem duty rates set in in Article 1(2) of Implementing Regulation (EU) 2017/367 and Article 1(2) of Implementing Regulation (EU) 2017/366. Accordingly, if imports are made at a price below the variable duty MIP, the lower of the difference between the applicable variable duty MIP and the net free-at-Union-frontier price, before duty, and the combined ad valorem duty rates set in in Article 1(2) of Implementing Regulation (EU) 2017/367 and Article 1(2) of Implementing Regulation (EU) 2017/366 would be payable. ---|--- (57) | Implementing Decision 2013/707/EU confirming the acceptance of the undertaking, as last amended by Implementing Decision (EU) 2017/615, needs to be repealed, because the variable duty MIP will replace the current undertaking. At the same time, it is appropriate to continue the investigations concerning the compliance with the price undertaking that the Commission is currently conducting and to initiate new investigations in the future for goods that were released for free circulation while the price undertaking was still in place, where appropriate. ---|--- (58) | Following disclosure some parties requested that the new MIP is published in advance, so as to give them sufficient time to prepare for the change. As no party presented any time indication in this respect, the Commission considered that two weeks' notice gives all parties concerned sufficient time in this respect. It is therefore appropriate to foresee a delay of two weeks between the publication and the entry into force of this Regulation. Following redisclosure, the CCCME commented that the variable duty MIP should enter into force without any delay. The Commission considered that the difference between the current undertaking MIP and the new variable duty MIP is substantial. Therefore, companies need two weeks to adjust to the changed market circumstances. Accordingly, the Commission rejected this claim. ---|--- (59) | The Committees established by Article 15(1) of the Regulation (EU) 2016/1036 and Article 25(1) of Regulation (EU) 2016/1037 did not deliver an opinion, ---|--- HAS ADOPTED THIS REGULATION: Article 1 Implementing Regulation (EU) 2017/367 is amended as follows: (1) | in Article 1, the following paragraph (2a) is inserted: ‘2a. The amount of the definitive anti-dumping duty applicable to the products described in paragraph 1, currently falling under the TARIC codes listed in new paragraph 5 and produced by the named legal entities set out in Annex VI, shall be the difference between the minimum import prices fixed in the next subparagraph and the net free-at-Union-frontier price, before duty, if the latter is lower than the former. No duty shall be collected where the net free-at-Union-frontier price is equal to or higher than the corresponding minimum import price set out in the table below. In no event shall the amount of the duty be higher than the ad valorem duty rate set out in paragraph 2. The application of the measures for the companies mentioned in Annex VI shall be conditional upon presentation to the customs authorities of the Member States of a valid commercial invoice indicating the elements set out in Annex V. For the purpose of the previous subparagraph, the minimum import price set out in the table below shall apply. Where it is found, following post-importation verification, that the net free-at-Union-frontier price actually paid by the first independent customer in the Union (post-importation price) is below the net free-at-Union-frontier price, before duty, as resulting from the customs declaration, and the post-importation price is lower than the minimum import price, an amount of duty equivalent to the difference between the minimum import price set out in the table below and the post-importation price shall apply, unless the application of the ad valorem duties set out in paragraph 2 plus the post-importation price lead to an amount (price actually paid plus ad valorem duty) which remains below the minimum import price set out in the table below. The minimum import price (MIP) will decrease each quarter as set in the table below for each corresponding product type: | Period of application of the MIP | MIP multi-crystalline cells (EUR/Watt) | MIP mono-crystalline cells (EUR/Watt) | MIP multi-crystalline modules (EUR/Watt) | MIP mono-crystalline modules (EUR/Watt) ---|---|---|---|--- From 1 October 2017 until 31 December 2017 | 0,19 | 0,23 | 0,37 | 0,42 From 1 January 2018 until 31 March 2018 | 0,19 | 0,22 | 0,34 | 0,39 From 1 April 2018 until 30 June 2018 | 0,19 | 0,22 | 0,32 | 0,37 As from 1 July 2018 | 0,18 | 0,21 | 0,30 | 0,35 The legal entities which are neither listed in paragraph 2 nor in Annex I, Annex II or Annex VI shall be subject to the combined ad valorem duty rates applicable to ‘all other companies’ set out in paragraph 2.’; (2) | in Article 1, paragraph 4 is replaced by the following: ‘4. Where any new exporting producer in the People's Republic of China provides sufficient evidence to the Commission that: | — | it did not export to the Union the product described in paragraph 1 in the period between 1 July 2011 and 30 June 2012 (original investigation period), ---|--- — | it is not related to any exporter or producer in the People's Republic of China which is subject to the anti-dumping measures imposed by this Regulation, ---|--- — | it has actually exported to the Union the product concerned after the investigation period on which the measures are based, or it has entered into an irrevocable contractual obligation to export a significant quantity to the Union, ---|--- the Commission may amend Annex I and Annex VI by adding the new exporting producer.’; (3) | in Article 1, the following paragraph 5 is inserted: ‘5. Multi-crystalline (also called poly-crystalline) silicon photovoltaic modules or panels currently fall under TARIC codes 8541409051, 8541409052, 8541409053, and 8541409059. Multi-crystalline modules are made out of multi-crystalline cells. Mono-crystalline silicon photovoltaic modules or panels currently fall under TARIC codes 8541409041, 8541409042, 8541409043, and 8541409049. Mono-crystalline modules are made out of mono-crystalline cells. Multi-crystalline (also called poly-crystalline) cells of the type used in crystalline silicon photovoltaic modules or panels with a thickness of the cells not exceeding 400 μm currently fall under TARIC codes 8541409071, 8541409072, 8541409073 and 8541409079. Multi-crystalline cells are made of multi-crystalline silicon (multi-Si) consisting of small crystals and have a perfectly rectangular shape. Mono-crystalline cells of the type used in crystalline silicon photovoltaic modules or panels with a thickness of the cells not exceeding 400 μm currently fall under TARIC codes 8541409061, 8541409062, 8541409063, and 8541409069. Mono-crystalline cells are made of mono-crystalline silicon (mono-Si), a continuous crystal and have their four corners cut off.’; ---|--- (4) | Article 2 is repealed; ---|--- (5) | Article 3 is repealed. ---|--- Article 2 The Annex to this Regulation is inserted as Annex VI to Implementing Regulation (EU) 2017/367. Article 3 Implementing Regulation (EU) 2017/366 is amended as follows: (1) | in Article 1, the following paragraph (2a) is inserted: ‘2a. The amount of the definitive countervailing duty applicable to the product described in paragraph 1, currently falling under the TARIC codes listed in new paragraph 4 and produced by the named legal entities set out in in Annex 5, shall be the difference between the minimum import prices fixed in the next subparagraph and the net free-at-Union-frontier price, before duty, if the latter is lower than the former. No duty shall be collected where the net free-at-Union-frontier price is equal to or higher than the corresponding minimum import price set out in the table below. In no event shall the amount of the duty be higher than the ad valorem duty rate set in paragraph 2. The application of the measures for the companies mentioned in Annex 5 shall be conditional upon presentation to the customs authorities of the Member States of a valid commercial invoice indicating the elements set out in Annex 4. For the purpose of the previous subparagraph, the minimum import price set out in the table below shall apply.

Where it is found, following post-importation verification, that the net free-at-Union-frontier price actually paid by the first independent customer in the Union (post-importation price) is below the net free-at-Union-frontier price, before duty, as resulting from the customs declaration, and the post-importation price is lower than the minimum import price, an amount of duty equivalent to the difference between the minimum import price set out in the table below and the post-importation price shall apply, unless the application of the ad valorem duties set out in paragraph 2 plus the post-importation price lead to an amount (price actually paid plus ad valorem duty) which remains below the minimum import price set out in the table below. The minimum import price (MIP) will decrease each quarter for each corresponding product type: | Period of application of the MIP | MIP multi-crystalline cells (EUR/Watt) | MIP mono-crystalline cells (EUR/Watt) | MIP multi-crystalline modules (EUR/Watt) | MIP mono-crystalline modules (EUR/Watt) ---|---|---|---|--- From 1 October 2017 until 31 December 2017 | 0,19 | 0,23 | 0,37 | 0,42 From 1 January 2018 until 31 March 2018 | 0,19 | 0,22 | 0,34 | 0,39 From 1 April 2018 until 30 June 2018 | 0,19 | 0,22 | 0,32 | 0,37 As from 1 July 2018 | 0,18 | 0,21 | 0,30 | 0,35 The legal entities which are neither listed in paragraph 2 nor in Annex 1 or Annex 5 shall be subject to the combined ad valorem duty rates applicable to ‘all other companies’ set out in paragraph 2.’; (2) | in Article 1, the following paragraph 4 is inserted: ‘4. Multi-crystalline (also called poly-crystalline) silicon photovoltaic modules or panels currently fall under TARIC codes 8541409051, 8541409052, 8541409053, and 8541409059. Multi-crystalline modules are made out of multi-crystalline cells. Mono-crystalline silicon photovoltaic modules or panels currently fall under TARIC codes 8541409041, 8541409042, 8541409043 and 8541409049. Mono-crystalline modules are made out of mono-crystalline cells. Multi-crystalline (also called poly-crystalline) cells of the type used in crystalline silicon photovoltaic modules or panels with a thickness of the cells not exceeding 400 μm currently fall under TARIC codes 8541409071, 8541409072, 8541409073 and 8541409079. Multi-crystalline cells are made of multi-crystalline silicon (multi-Si) consisting of small crystals and have a perfectly rectangular shape. Mono-crystalline cells of the type used in crystalline silicon photovoltaic modules or panels with a thickness of the cells not exceeding 400 μm currently fall under TARIC codes 8541409061, 8541409062, 8541409063, and 8541409069. Mono-crystalline cells are made of mono-crystalline silicon (mono-Si), a continuous crystal and have their four corners cut off.’; ---|--- (3) | Article 2 is repealed; ---|--- (4) | Article 3 is repealed. ---|--- Article 4 The Annex to this Regulation is inserted as Annex 5 to Implementing Regulation (EU) 2017/366. Article 5 Implementing Decision 2013/707/EU and Implementing Decision (EU) 2017/615 are hereby repealed. Article 6 This Regulation shall enter into force 15 days following its publication in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 15 September 2017. For the Commission The President Jean-Claude JUNCKER * * * (1) OJ L 176, 30.6.2016, p. 21. (2) OJ L 176, 30.6.2016, p. 55. (3) Council Implementing Regulation (EU) No 1238/2013 of 2 December 2013 imposing a definitive anti-dumping duty and collecting definitively the provisional duty imposed on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China (OJ L 325, 5.12.2013, p. 1). (4) Council Implementing Regulation (EU) No 1239/2013 of 2 December 2013 imposing a definitive countervailing duty on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China (OJ L 325, 5.12.2013, p. 66). (5) Commission Decision 2013/423/EU of 2 August 2013 accepting an undertaking offered in connection with the anti-dumping proceeding concerning imports of crystalline silicon photovoltaic modules and key components (i.e. cells and wafers) originating in or consigned from the People's Republic of China (OJ L 209, 3.8.2013, p. 26). (6) Commission Implementing Decision 2013/707/EU of 4 December 2013 confirming the acceptance of an undertaking offered in connection with the anti-dumping and anti-subsidy proceedings concerning imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China for the period of application of definitive measures (OJ L 325, 5.12.2013, p. 214). (7) Commission Implementing Decision 2014/657/EU of 10 September 2014 accepting a proposal by a group of exporting producers together with the China Chamber of Commerce for Import and Export of Machinery and Electronic Products for clarifications concerning the implementation of the undertaking referred to in Implementing Decision 2013/707/EU (OJ L 270, 11.9.2014, p. 6). (8) Commission Implementing Regulations (EU) 2015/866 (OJ L 139, 5.6.2015, p. 30), (EU) 2015/1403 (OJ L 218, 19.8.2015, p. 1), (EU) 2015/2018 (OJ L 295, 12.11.2015, p. 23), (EU) 2016/115 (OJ L 23, 29.1.2016, p. 47), (EU) 2016/1045 (OJ L 170, 29.6.2016, p. 5), (EU) 2016/1382 (OJ L 222, 17.8.2016, p. 10), (EU) 2016/1402 (OJ L 228, 23.8.2016, p. 16), (EU) 2016/1998 (OJ L 308, 16.11.2016, p. 8), (EU) 2016/2146 (OJ L 333, 8.12.2016, p. 4), (EU) 2017/454 (OJ L 71, 16.3.2017, p. 5), (EU) 2017/941 (OJ L 142, 2.6.2017, p. 43) withdrawing the acceptance of the undertaking for several exporting producers. (9) Commission Implementing Regulation (EU) 2016/12 of 6 January 2016 terminating the partial interim review of the anti-dumping and countervailing measures applicable to imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China (OJ L 4, 7.1.2016, p. 1). (10) Commission Implementing Regulation (EU) 2016/185 of 11 February 2016 extending the definitive anti-dumping duty imposed by Council Regulation (EU) No 1238/2013 on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China to imports of crystalline silicon photovoltaic modules and key components (i.e. cells) consigned from Malaysia and Taiwan, whether declared as originating in Malaysia and in Taiwan or not (OJ L 37, 12.2.2016, p. 76). (11) Commission Implementing Regulation (EU) 2016/184 of 11 February 2016 extending the definitive countervailing duty imposed by Council Implementing Regulation (EU) No 1239/2013 on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China to imports of crystalline silicon photovoltaic modules and key components (i.e. cells) consigned from Malaysia and Taiwan, whether declared as originating in Malaysia and in Taiwan or not (OJ L 37, 12.2.2016, p. 56). (12) Commission Implementing Regulation (EU) 2017/367 of 1 March 2017 imposing a definitive anti-dumping duty on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council and terminating the partial interim review investigation pursuant to Article 11(3) of Regulation (EU) 2016/1036 (OJ L 56, 3.3.2017, p. 131). (13) Commission Implementing Regulation (EU) 2017/366 of 1 March 2017 imposing definitive countervailing duties on imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China following an expiry review pursuant to Article 18(2) of Regulation (EU) 2016/1037 of the European Parliament and of the Council and terminating the partial interim review investigation pursuant to Article 19(3) of Regulation (EU) 2016/1037 (OJ L 56, 3.3.2017, p. 1). (14) Commission Implementing Decision (EU) 2017/615 of 30 March 2017 accepting a proposal by a group of exporting producers together with the China Chamber of Commerce for Import and Export of Machinery and Electronic Products concerning the implementation of the undertaking referred to in Implementing Decision 2013/707/EU (OJ L 86, 31.3.2017, p. 14). (15) Notice of Initiation of a partial interim review of the anti-dumping and countervailing measures applicable to imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in or consigned from the People's Republic of China (OJ C 67, 3.3.2017, p. 16). (16) See recitals (256), (336), (364) and (369) of Regulation (EU) 2017/367. (17) See footnote 8. (18) See recitals (253), (336) and (369) of Implementing Regulation (EU) 2017/367. (19) On eligibility see Section 3 of this Regulation. (20) Converted at the ECB's average monthly exchange rate from USD into EUR. (21) See recitals (3) to (9) of Decision 2013/423/EU. (22) See recitals (256), (336) and (370) of Implementing Regulation (EU) 2017/367. (23) For instance average spot prices reported by PV Insights in 2nd quarter 2017 were EUR 0,3/W for multi modules and EUR 0,35/W for mono modules; EUR 0,18/W for multi cells and EUR 0,21/W for mono cells. All prices were converted from USD into EUR at the ECB's average exchange rate applicable in each relevant month. This compares to the current non-injurious minimum price established under the price undertaking for cells (EUR 0,23/W) and modules (EUR 0,46/W). (24) International Technology Roadmap for Photovoltaic (ITRPV): Results 2017, Eighth Edition, March 2017, p. 6. (25) International Technology Roadmap for Photovoltaic (ITRPV): Results 2017, Eighth Edition, March 2017, p. 44. (26) Global cumulative shipments are broadly equivalent to global cumulative demand. The former measures the amount of modules sold by manufactures, the latter measures the amount of modules that were installed by users and started generating power. After a certain time lag the one should be equal the other, except for a small percentage of modules that got broken in transit. (27) Global cumulative shipments are broadly equivalent to global cumulative demand. The former measures the amount of modules sold by manufactures; the latter measures the amount of modules that were installed by users and started generating power. After a certain time lag the one should be equal the other, except for a small percentage of modules that got broken in transit. (28) See recital 19. (29) The average of prices reported by PV Insights in the first quarter of 2017 for each product type. (30) Bloomberg New Energy Finance, Q1 2017 Global PV Market Outlook, p. 14 and Bloomberg New Energy Finance, May 2017 PV Index Supply, Shipments and Prices, p. 12 (31) See recitals (256), (336) and (370) of Implementing Regulation (EU) 2017/367. (32) See recitals (3) to (9) of Decision 2013/423/EU. (33) See recital 41 of Implementing Regulation (EU) 2016/12. (34) See recitals (19) and (34) for the methodology to split the undertaking MIP between multi- and mono-products. (35) Hypothetical adjustment for the purpose of frontloading as explained in recital (42). * * * ANNEX Annex VI to Implementing Regulation (EU) 2017/367 and Annex 5 to Implementing Regulation (EU) 2017/366 (The legal entities to which the variable duty MIP is applicable): ‘Name of the company | TARIC additional code ---|--- Changzhou Trina Solar Energy Co. Ltd Trina Solar (Changzhou) Science & Technology Co. Ltd Changzhou Youze Technology Co. Ltd Trina Solar Energy (Shanghai) Co. Ltd Yancheng Trina Solar Energy Technology Co. Ltd together with their related companies in the European Union | B791 Delsolar (Wujiang) Ltd | B792 JingAo Solar Co. Ltd Shanghai JA Solar Technology Co. Ltd JA Solar Technology Yangzhou Co. Ltd Hefei JA Solar Technology Co. Ltd Shanghai JA Solar PV Technology Co. Ltd together with their related company in the Union | B794 Wuxi Suntech Power Co. Ltd Suntech Power Co. Ltd Wuxi Sunshine Power Co. Ltd Luoyang Suntech Power Co. Ltd Zhenjiang Rietech New Energy Science Technology Co. Ltd Zhenjiang Ren De New Energy Science Technology Co. Ltd together with their related companies in the Union | B796 Yingli Energy (China) Co. Ltd Baoding Tianwei Yingli New Energy Resources Co. Ltd Hainan Yingli New Energy Resources Co. Ltd Hengshui Yingli New Energy Resources Co. Ltd Tianjin Yingli New Energy Resources Co. Ltd Lixian Yingli New Energy Resources Co. Ltd Baoding Jiasheng Photovoltaic Technology Co. Ltd Beijing Tianneng Yingli New Energy Resources Co. Ltd Yingli Energy (Beijing) Co. Ltd | B797 Jiangsu Aide Solar Energy Technology Co. Ltd | B798 Anhui Chaoqun Power Co. Ltd | B800 Anji DaSol Solar Energy Science & Technology Co. Ltd | B802 Anhui Schutten Solar Energy Co. Ltd Quanjiao Jingkun Trade Co. Ltd | B801 Anhui Titan PV Co. Ltd | B803 Xi'an SunOasis (Prime) Company Limited TBEA SOLAR CO. LTD XINJIANG SANG'O SOLAR EQUIPMENT | B804 Changzhou NESL Solartech Co. Ltd | B806 Changzhou Shangyou Lianyi Electronic Co. Ltd | B807 ChangZhou EGing Photovoltaic Technology Co. Ltd | B811 CIXI CITY RIXING ELECTRONICS CO. LTD ANHUI RINENG ZHONGTIAN SEMICONDUCTOR DEVELOPMENT CO. LTD HUOSHAN KEBO ENERGY & TECHNOLOGY CO. LTD | B812 CNPV Dongying Solar Power Co. Ltd | B813 CSG PVtech Co. Ltd | B814 China Sunergy (Nanjing) Co. Ltd CEEG Nanjing Renewable Energy Co. Ltd CEEG (Shanghai) Solar Science Technology Co. Ltd China Sunergy (Yangzhou) Co. Ltd China Sunergy (Shanghai) Co. Ltd | B809 Dongfang Electric (Yixing) MAGI Solar Power Technology Co. Ltd | B816 EOPLLY New Energy Technology Co. Ltd SHANGHAI EBEST SOLAR ENERGY TECHNOLOGY CO. LTD JIANGSU EOPLLY IMPORT & EXPORT CO. LTD | B817 Zheijiang Era Solar Co. Ltd | B818 GD Solar Co. Ltd | B820 Greenway Solar-Tech (Shanghai) Co. Ltd Greenway Solar-Tech (Huaian) Co. Ltd | B821 Guodian Jintech Solar Energy Co. Ltd | B822 Hangzhou Bluesun New Material Co. Ltd | B824 Hanwha SolarOne (Qidong) Co. Ltd | B826 Hengdian Group DMEGC Magnetics Co. Ltd | B827 HENGJI PV-TECH ENERGY CO. LTD | B828 Himin Clean Energy Holdings Co. Ltd | B829 Jetion Solar (China) Co. Ltd Junfeng Solar (Jiangsu) Co. Ltd Jetion Solar (Jiangyin) Co. Ltd together with their related company in the Union | B830 Jiangsu Green Power PV Co. Ltd | B831 Jiangsu Hosun Solar Power Co. Ltd | B832 Jiangsu Jiasheng Photovoltaic Technology Co. Ltd | B833 Jiangsu Runda PV Co. Ltd | B834 Jiangsu Sainty Photovoltaic Systems Co. Ltd Jiangsu Sainty Machinery Imp. And Exp. Corp. Ltd | B835 Jiangsu Shunfeng Photovoltaic Technology Co. Ltd Changzhou Shunfeng Photovoltaic Materials Co. Ltd Jiangsu Shunfeng Photovoltaic Electronic Power Co. Ltd | B837 Jiangsu Sinski PV Co. Ltd | B838 Jiangsu Sunlink PV Technology Co. Ltd | B839 Jiangsu Zhongchao Solar Technology Co. Ltd | B840 Jiangxi Risun Solar Energy Co. Ltd | B841 Jiangyin Hareon Power Co. Ltd Hareon Solar Technology Co. Ltd Taicang Hareon Solar Co. Ltd Hefei Hareon Solar Technology Co. Ltd Jiangyin Xinhui Solar Energy Co. Ltd Altusvia Energy (Taicang) Co. Ltd together with their related company in the Union | B842 Jiangxi LDK Solar Hi-Tech Co. Ltd LDK Solar Hi-Tech (Nanchang) Co. Ltd LDK Solar Hi-Tech (Suzhou) Co. Ltd | B793 Jiangyin Shine Science and Technology Co. Ltd | B843 Jinzhou Yangguang Energy Co. Ltd Jinzhou Huachang Photovoltaic Technology Co. Ltd Jinzhou Jinmao Photovoltaic Technology Co. Ltd Jinzhou Rixin Silicon Materials Co. Ltd Jinzhou Youhua Silicon Materials Co. Ltd | B795 Jinko Solar Co. Ltd Jinko Solar Import and Export Co. Ltd ZHEJIANG JINKO SOLAR CO. LTD ZHEJIANG JINKO SOLAR TRADING CO. LTD together with their related companies in the Union | B845 Juli New Energy Co. Ltd | B846 Jumao Photonic (Xiamen) Co. Ltd | B847 King-PV Technology Co. Ltd | B848 Kinve Solar Power Co. Ltd (Maanshan) | B849 GCL System Integration Technology Co. Ltd Konca Solar Cell Co. Ltd Suzhou GCL Photovoltaic Technology Co. Ltd Jiangsu GCL Silicon Material Technology Development Co. Ltd Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd GCL-Poly (Suzhou) Energy Limited GCL-Poly Solar Power System Integration (Taicang) Co. Ltd GCL SOLAR POWER (SUZHOU) LIMITED GCL Solar System (Shuzhou) Limited | B850 Lightway Green New Energy Co. Ltd Lightway Green New Energy(Zhuozhou) Co. Ltd | B851 Motech (Suzhou) Renewable Energy Co. Ltd | B852 Nanjing Daqo New Energy Co. Ltd | B853 NICE SUN PV CO. LTD LEVO SOLAR TECHNOLOGY CO. LTD | B854 Ningbo Jinshi Solar Electrical Science & Technology Co. Ltd | B857 Ningbo Komaes Solar Technology Co. Ltd | B858 Ningbo South New Energy Technology Co. Ltd | B861 Ningbo Sunbe Electric Ind Co. Ltd | B862 Ningbo Ulica Solar Science & Technology Co. Ltd | B863 Perfectenergy (Shanghai) Co. Ltd | B864 Perlight Solar Co. Ltd | B865 Sumec Hardware & Tools Co. Ltd Phono Solar Technology Co. Ltd | B866 Risen Energy Co., Ltd together with its related company in the Union | B868 SHANGHAI ALEX SOLAR ENERGY SCIENCE & TECHNOLOGY CO. LTD SHANGHAI ALEX NEW ENERGY CO. LTD | B870 Shanghai BYD Co. Ltd BYD (Shangluo) Industrial Co. Ltd | B871 Shanghai Chaori Solar Energy Science & Technology Co. Ltd | B872 Propsolar (Zhejiang) New Energy Technology Co. Ltd Shanghai Propsolar New Energy Co. Ltd | B873 SHANGHAI SHANGHONG ENERGY TECHNOLOGY CO. LTD | B874 SHANGHAI SOLAR ENERGY S&T CO. LTD Shanghai Shenzhou New Energy Development Co. Ltd Lianyungang Shenzhou New Energy Co. Ltd | B875 Shanghai ST Solar Co. Ltd Jiangsu ST Solar Co. Ltd | B876 Shenzhen Sacred Industry Co. Ltd | B878 Sopray Energy Co. Ltd Shanghai Sopray New Energy Co. Ltd | B881 SUN EARTH SOLAR POWER CO. LTD NINGBO SUN EARTH SOLAR POWER CO. LTD Ningbo Sun Earth Solar Energy Co. Ltd | B882 SUZHOU SHENGLONG PV-TECH CO. LTD | B883 TDG Holding Co. Ltd | B884 Tianwei New Energy Holdings Co. Ltd Tianwei New Energy (Chengdu) PV Module Co. Ltd Tianwei New Energy (Yangzhou) Co. Ltd | B885 Wenzhou Jingri Electrical and Mechanical Co. Ltd | B886 Shanghai Topsolar Green Energy Co. Ltd | B877 Shenzhen Sungold Solar Co. Ltd | B879 Wuhu Zhongfu PV Co. Ltd | B889 Wuxi Shangpin Solar Energy Science and Technology Co. Ltd | B891 Wuxi Solar Innova PV Co. Ltd | B892 Wuxi Taichang Electronic Co. Ltd China Machinery Engineering Wuxi Co.Ltd Wuxi Taichen Machinery & Equipment Co. Ltd | B893 Xi'an Huanghe Photovoltaic Technology Co. Ltd State-run Huanghe Machine-Building Factory Import and Export Corporation Shanghai Huanghe Fengjia Photovoltaic Technology Co. Ltd | B896 Xi'an LONGi Silicon Materials Corp. Wuxi LONGi Silicon Materials Co. Ltd | B897 LERRI Solar Technology (Zhejiang) Co. Ltd together with its related company in the Union | B898 Yuhuan Sinosola Science & Technology Co. Ltd | B900 Zhangjiagang City SEG PV Co. Ltd | B902 Zhejiang Fengsheng Electrical Co. Ltd | B903 Zhejiang Global Photovoltaic Technology Co. Ltd | B904 Zhejiang Heda Solar Technology Co. Ltd | B905 Zhejiang Jiutai New Energy Co. Ltd Zhejiang Topoint Photovoltaic Co. Ltd | B906 Zhejiang Kingdom Solar Energy Technic Co. Ltd | B907 Zhejiang Koly Energy Co. Ltd | B908 Zhejiang Mega Solar Energy Co. Ltd Zhejiang Fortune Photovoltaic Co. Ltd | B910 Zhejiang Shuqimeng Photovoltaic Technology Co. Ltd | B911 Zhejiang Shinew Photoelectronic Technology Co. Ltd | B912 Zhejiang Sunflower Light Energy Science & Technology Limited Liability Company Zhejiang Yauchong Light Energy Science & Technology Co. Ltd | B914 Zhejiang Sunrupu New Energy Co. Ltd | B915 Zhejiang Tianming Solar Technology Co. Ltd | B916 Zhejiang Trunsun Solar Co. Ltd Zhejiang Beyondsun PV Co. Ltd | B917 Zhejiang Wanxiang Solar Co. Ltd WANXIANG IMPORT & EXPORT CO LTD | B918 ZHEJIANG YUANZHONG SOLAR CO. LTD | B920 Zhongli Talesun Solar Co. Ltd together with its related company in the Union | B922 ’ * * *