Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today that its board of directors and audit committee approved the appointment of KPMG as its independent auditors for the year ending December 31, 2012. The selection of KPMG was made as part of a structured rotation of the Company's audit service providers and is subject to shareholder's approval at the Company's annual general meeting. The Company is working closely with its prior audit firm, Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte"), and KPMG to ensure a seamless transition.
"We would like to thank Deloitte for the service of their experienced and dedicated team over the past several years," said Mr. Jifan Gao, chairman and chief executive officer of the Company. "We look forward to working with the KPMG team."
Deloitte's report on the Company's consolidated financial statements for the past two years did not contain any adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope, or accounting principles. In the Company's two most recent fiscal years and subsequent interim period preceding the appointment of the new auditors, the Company and Deloitte did not have any disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures that would have caused Deloitte to make reference to the subject matter of the disagreement in connection with its report on the Company's consolidated financial statements.
