NANJING, China, July 24 /PRNewswire-Asia/ -- China Sunergy Co., Ltd. (Nasdaq: CSUN), (''China Sunergy'' or the ''Company'') a specialized solar cell manufacturer based in Nanjing, China, today announced an update regarding several estimated financial and operational results for the second quarter ended June 30, 2009.

China Sunergy's second quarter solar cell shipments slightly exceeded the previously announced guidance of 35MW to 40MW. Gross profit margin is expected to be around 9%, compared with prior guidance of a positive low single digit number. China Sunergy also expects to return to quarterly profitability for the second quarter of 2009.

''During the second quarter China Sunergy met or exceeded the guidance targets we set for ourselves, and I am pleased with the dedicated effort demonstrated by the entire company to achieve these results,'' Dr. Allen Wang, CEO of China Sunergy, remarked. ''We have experienced a steady monthly improvement in our operational and financial performance during the quarter, and I am looking forward to discussing our progress and challenges in more detail during the upcoming earnings period.''

As these selected estimated results are subject to the finalization of the Company's financial closing procedures, the Company's actual results may differ from its current estimates. China Sunergy plans to report its full second quarter 2009 results in late August 2009; once the reporting date is finalized a press release announcing the date and details of the second quarter conference call will be issued.