Savosolar will establish its presence in China. The current CFO, Raul Ikonen will enter the position of Savosolar's Country manager in China. He will be based in Shanghai and will from there work to implement Savosolar'sChina strategy.

Savosolar will also establish an entity in China and initiating the partnership with Jiangsu Holly will be Raul's main objective. Savosolar has already started the recruitment process to find a new CFO to replace Mr. Ikonen, as he will enter the new position in May 2019.