August 17 -- Jiangsu Zongyi (600770) filed its revenue and net profit attributable to shareholders respectively grew 24.87 percent and 176 percent year-on-year to 511 million yuan and 112 million yuan in the first half for earnings per share EPS of 0.16 yuan, reports 163.com.

The Tongzhou city-based firm focused on overseas photovoltaic power station investment in the first half to promote its competitiveness and consolidate its leading position, the source said.

Its subsidiary, Zongyi Solar (US) acquired a 19-megawatt photovoltaic program in the US for $3.23 million from Effisolar Energy Corporation. The program is still under construction.

Source:capitalvue