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Harbin Electric to Report First Quarter 2010 Financial Results on May 10, 2010

2010-05-04 08:15 1190

HARBIN, China, May 4 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc. ("Harbin Electric" or the "Company", Nasdaq: HRBN), a leading developer and manufacturer of a wide array of electric motors in the People's Republic of China, today announced that the Company will host a conference call to discuss its first quarter 2010 financial results at 8:30 a.m. EDT on Monday, May 10, 2010. 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 2010 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 72826274.

A replay of the call will be available beginning at 9:30 a.m. EDT on May 10th, 2010.

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

USA: 1-800-642-1687

International: 1-706-645-9291

Passcode is 72826274.

This conference call will be broadcast live over the Internet. To listen to the live webcast, please go to http://www.harbinelectric.com and click on "Harbin Electric Q1 2010 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 industrial rotary motors, linear motors, and specialty micro-motors. The Company's products are purchased by a broad range of domestic and international customers, including those involved in energy industry, factory automation, food processing, packaging, transportation, automobile, medical devices, machinery and tool manufacturing, chemical, petrochemical, as well as in the metallurgical and mining industries. With a recent acquisition of industrial rotary motor business, the Company operates four manufacturing facilities in China located in Xi'an, Weihai, Harbin and Shanghai.

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. Relying on its own proprietary technology, the Company developed an energy efficient linear motor driving oil pump, the first of its kind in the world, for the largest oil filed in China. Its self-developed linear motor propulsion system is powering China's first domestically made linear motor driving metro train. As China continues to grow its industrial base, Harbin Electric aspires to be a leader in the industrialization and technology transformation of the Chinese manufacturing sector. To learn more about Harbin Electric, visit http://www.harbinelectric.com.

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: +1-212-618-1978

Email: kli@christensenir.com

Source: Harbin Electric, Inc.
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