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Harbin Electric to Report First Quarter 2009 Financial Results on May 8th

2009-04-29 18:08 1146

HARBIN, China, April 29 /PRNewswire-Asia/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company") (Nasdaq: HRBN), a leading Chinese developer and manufacturer of a wide array of electric motors, will host a conference call to discuss the first quarter 2009 financial results at 8:30 a.m. EDT on Friday, May 8th, 2009. Tianfu Yang, Chairman and Chief Executive Officer, Zedong Xu, Chief Financial Officer, and Christy Shue, Executive Vice President will be on the call. The Company plans to release its first quarter 2009 financial results before the conference call.

To participate in the conference call, please dial any of the following numbers:

USA: 1-800-603-1779

International: +1-706-643-7429

North China: 10-800-713-0924

South China: 10-800-130-0748

The conference ID for the call is 97298235

A replay of the call will be available beginning at 9:30 a.m. EDT on May 8th, 2009 and will remain available through midnight on May 15th, 2009.

To access the replay, please dial any of the following numbers:

USA: 1-800-642-1687

International: +1-706-645-9291

Passcode is 97298235.

This conference call will be broadcast live over the Internet. To listen to the live webcast, go to http://www.harbinelectric.com and click on 'Harbin Electric Q1 2009 Financial Results Conference Call'. The replay of the webcast will be available for 30 days and will be archived on the Investor Kits page of the website after 30 days.

About Harbin Electric, Inc.

Harbin Electric, headquartered in Harbin, China, is a leading developer and manufacturer of a wide array of electric motors with a focus on innovative, customized and value-added products. Its major product lines include linear motors, automobile specialty micro-motors, and industrial rotary motors. The Company's products are purchased by a broad range of domestic and international customers, including those involved in oil services, factory automation, food processing, packaging, transportation, automobile, medical devices, machinery and tool manufacturing, petrochemical, as well as in the metallurgical and mining industries.

Harbin Electric has built a strong research and development capability by recruiting talent worldwide and through collaborations with top scientific institutions. The Company owns numerous patents in China and has developed award-winning products for its customers. Through its U.S. and China-based subsidiaries, the Company operates three manufacturing facilities in China located in Harbin, Weihai, and Shanghai with a total of approximately 2,000 employees. Each of the three manufacturing facilities is dedicated to a specific product line and is equipped with state-of-the-art production equipment and quality control systems.

As China continues to grow its industrial base, Harbin Electric aspires to be a pioneer in leading the industrialization and technology transformation of the Chinese manufacturing sector. To learn more about Harbin Electric, visit http://www.harbinelectric.com .

Safe Harbor Statement

The actual results of Harbin Electric, Inc. could differ materially from those described in this press release. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release may be found in the Company's periodic filings with the U.S. Securities and Exchange Commission, including the factors described in the section entitled 'Risk Factors' in its annual report on Form 10-K for the year ended December 31, 2008. The Company does not undertake any obligation to update forward-looking statements contained in the press release. This press release contains forward-looking information about the Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as 'believe,' 'expect,' 'may,' 'will,' 'should,' 'project,' 'plan,' 'seek,' 'intend,' or 'anticipate' or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products.

For investor and media inquiries, please contact:

In China

Harbin Electric, Inc.

Tel: +86-451-8611-6757

Email: MainlandIR@Tech-full.com

In the U.S.

Christy Shue

Harbin Electric, Inc.

Executive VP, Finance & Investor Relations

Tel: +1-631-312-8612

Email: cshue@HarbinElectric.com

Kathy Li

Christensen Investor Relations

Tel: +1-212-618-1987

Email: kli@christensenir.com

Source: Harbin Electric, Inc.
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Keywords: Machinery
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