On May 19, Runheng IVY Solar Power Project construction commencement ceremony holds warmly in Zaozhuang, Shandong. Present are Comrade Liu Zhongxiang ,Party Secretary of Zaozhuang; Comrade Liu Zongqi, Party Secretary of Zaozhuang Hi-tech District; Mr. Wang Bufeng, Chairman of Shandong Runfeng Group; Wang Qiang, Chairman and General Manager of Runheng IVY Solar Power Limited; and 500 guests from various circles.

It is known that Runheng IVY Solar Power Project, under an investment of 2600 million RMB, a production capacity of 870 MW, a building area of 150,000 m2, majors in R&D, manufacture and sales of crystal silicon cells and modules, solar cells, design and installation of PV on-grid, off-grid electricity generation systems.

Mr.Wang Qiang, Chairman and General Manager of Runheng Company, remarks that the traditional energy is meeting its time. Zaozhuang City, as a traditional energy city, is facing great pressure from energy exhaustion. To develop new energy has been a global consensus, Runheng will try hard to grow big and powerful." We believe that the new energy industry in future will be more promising." Wang exclaims.

During 12th Five-year Plan, Runheng's output value will surpass 100 billion RMB accumulatively. By the end of this year,when the construction work will be finished, Runheng will employ 4000 workers and the capacity will reach 1300MW. The company employs "1234" development strategy, namely, in 2012, the output value is to reach 10 billion;in 2013, 20 billion; in 2014, 30 billion; in 2015, 40 billion; and a collective value to surpass 100 billion,  profit and taxes to reach 13 billion.

It is described that Runheng IVY Solar Power Limited, being the 8th subsidiary of Shandong Runfeng Group, is a giant hi-tech enterprise that specializes in solar power and a key investment program for Zaozhuang Hi-tech District.