HANWHA SOLARONE (HSOL) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of HANWHA SOLARONE (HSOL) from UNDERPERFORM to NEUTRAL on May 22, 2012, with a target price of $1.00.

Hanwha SolarOne Co., Ltd., formerly known as Solarfun Power Holdings Company Ltd., is engaged in providing energy solutions comprising the manufacture of silicon ingots, wafers, PV cells and PV modules modules to project development and financing in China. The Company offers PV cell processing services and PV module processing services to third parties. Its products can be used in utility-scale solar applications, commercial solar applications and residential solar applications. Hanwha SolarOne Co., Ltd. is based in Qidong, the People's Republic of China.

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