A-Power's Director and Interim CFO Michael Zhang Resigns

SHENYANG, China, January 9, 2012 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) ("A-Power" or "the Company"), a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that Mr. Yadong (Michael) Zhang, Director, Interim Chief Financial Officer, and Vice President of A-Power, has resigned with effect on January 6, 2012. After substantial discussion and deliberation about his career development, Mr. Zhang has decided to resign all his duties in A-Power, and he wishes A-Power's shareholders, customers, and employees all good success.

Mr. Zhang joined A-Power in January 2010 as Vice President, initially for the design, implementation, and management of A-Power's internal and disclosure controls systems, and later his scope was expanded to include internal audit, strategic planning, and the integration of the Company's Evatech Co. Ltd. solar equipment manufacturing subsidiary in Japan. He was elected as a Director effective June 8, 2011 and named as A-Power's Interim Chief Financial Officer on July 15, 2011.

Mr. Jinxiang Lu, A-Power's Chairman and Chief Executive Officer, said, "We have been very fortunate to have Michael's outstanding contributions to our company and our Board of Directors. We wish him success and happiness as he pursues new opportunities where his outstanding knowledge, judgment, and skills will have a larger benefit to the world and to him."

A-Power has started its searches for a new chief financial officer and a new director.

About A-Power

A-Power Energy Generation Systems, Ltd. ("A-Power"), through its China-based operating subsidiaries, is a leading provider of distributed power generation systems in China and is expanding into the production of alternative power generation systems. Focusing on energy-efficient and environmentally friendly distributed power generation projects of 25 to 400 megawatts, A-Power also operates one of the largest wind turbine manufacturing facilities in China. A-Power acquired Evatech Co. Ltd., a designer and manufacturer of industrial equipment for amorphous-silicon photovoltaic panels, in January 2010.

In addition to the establishment of strategic relationships with some of the world's leading wind energy design and engineering companies, A-Power has formed joint research programs with Tsinghua University and the China Academy of Sciences to develop and commercialize other renewable energy technologies.

For more information about A-Power, please visit

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For more information, please contact:

A-Power Energy Generation Systems, Ltd.

Rocky Li

Mobile: +86 139 1007 2546 in China



Tom Myers

Mobile: +86 139 1141 3520 in Beijing


Patty Bruner

Mobile: +1 480 332 6397


Source: A-Power Energy Generation Systems, Ltd.