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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2008
Commission File Number: 001-33195
TRINA SOLAR LIMITED
No. 2 Tian He Road
Electronics Park, New District
Changzhou, Jiangsu 213031
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82- N/A
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Form 6-K
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Incorporation by Reference
We are incorporating this report on Form 6-K by reference into our registration statement on Form F-3, Registration No.
333-152333, which became effective on July 15, 2008.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TRINA SOLAR LIMITED | ||
| By: | /s/ Jifan Gao | |
| Name: | Jifan Gao | |
| Title: | Chairman and Chief Executive Officer | |
Date: July 16, 2008
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| Contact: | ||
| Trina Solar Limited | CCG Elite Investor Relations | |
| Terry Wang, CFO | Crocker Coulson, President | |
| Phone: + (86) 519-8548-2008 (Changzhou) | Phone: + (1) 646-213-1915 | |
| Thomas Young, Director of Investor Relations | Email: crocker.coulson@ccgir.com | |
| Phone: + (86) 519-8548-2008 (Changzhou) | Ed Job, CFA | |
| Email: ir@trinasolar.com | Phone: + (1) 646-213-1914 | |
| Email: ed.job@ccgir.com |
Trina Solar Announces Selected Estimated Second Quarter Results
CHANGZHOU, China, July 16, 2008 — Trina Solar Limited (“Trina Solar” or the “Company”), a leading integrated manufacturer of photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced its selected estimated unaudited financial results for the second quarter of 2008.
For the second quarter of 2008, the Company expects its net revenues to be in the range of approximately $200 million to $205 million, exceeding its forecasted range of $169 million to $177 million. The new range represents an approximately 65% to 70% increase from its net revenues in the first quarter of 2008. During the quarter, the Company shipped approximately 47MW of PV modules. Gross margin is expected to be in the range of approximately 22.5% to 23.5%, and operating margin is expected to be in the range of approximately 14.0% to 15.2% for the second quarter of 2008. As these results are subject to the Company’s normal, quarter-end closing procedures, the Company’s actual results may differ from its current estimates.
“We are very pleased with our strong growth in the second quarter,” said Mr. Jifan Gao, Trina Solar’s Chairman and CEO. “We believe our achievement is due to our sales distribution strategy, our highly recognized brand in the marketplace and strong market demand for our products.”
Based on customer commitments in signed contracts and the Company’s current operating and market conditions, the Company believes it is on track to meet or exceed its 2008 targeted total net revenues of between $770 million and $808 million.
About Trina Solar Limited
Trina Solar Limited (NYSE: TSL), through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is currently one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar’s solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. For further information, please visit Trina Solar’s website at http://www.trinasolar.com.
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Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, Trina Solar’s ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company’s ability to protect its proprietary information; general economic and business conditions; the volatility of the Company’s operating results and financial condition; the Company’s ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company’s filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
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