INAUGURATION OPEN TO INVESTORS; MANAGEMENT Q&A FOLLOWS RIBBON-CUTTING
LARGEST WIND TURBINE PRODUCTION FACILITY IN CHINA
SHENYANG, China, Jan. 2 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) ("A-Power"), today announced it will celebrate the launch of its first wind turbine production facility, the largest in China, with a ribbon-cutting ceremony in Shenyang, China, on Sunday, January 11, 2009. All investors are invited to attend the ceremony, which begins at 8 a.m. Meals and transportation from and to the local Sheraton hotel will be provided.
The inauguration will unveil A-Power’s full-scale wind turbine production business, as well as German Furlander Wind Generation (Shenyang) Company ("German Fuhrlander"), from which A-Power licenses its wind power-generation technology for the current facility.
Mr. Jinxiang Lu, A-Power’s Chairman and CEO, said, "We look forward to having our investors join us at this extremely exciting, and historic, event, which marks the full launch of our wind turbine business in China. Our wind turbine facility, strategically located in the city of Shenyang, is the largest in China, with total annual production capacity of over 1,125MW of wind turbines, and we intend to sell to both domestic and foreign markets. In addition to investors, joining us at our opening ceremony will also be government officials, the management from German Fuhrlander, as well as our existing and potential customers of our wind turbine business."
Attendees to the ceremony will also be given a tour by the management of A-Power at the nearby distributed power generation project, which was recently completed.
The tentative schedule for the ceremony on Sunday, January 11, 2009:
8am Breakfast in the Sheraton hotel
Management introduction
9am Leave for wind turbine production facility; Tour wind
turbine production facility
10:58am Ribbon-cutting ceremony
12pm Lunch
2pm Leave for recently completed distributed power generation
project
2:30pm Tour of distributed power generation facility
5:00pm Dinner; Management Q&A
Transportation will be provided to and from the Sheraton in Shenyang. Airport transportation can be arranged upon request.
If you are interested in attending, please RSVP with Ian Shanno from Union Investor Relations at (310) 928-3780. For assistance with travel plans to Shenyang, China, please contact Gamini from Travnet at (312) 836-9200.
About A-Power
A-Power Energy Generation Systems, Ltd., through its PRC operating subsidiary, Liaoning GaoKe Energy Group Co., Ltd., is the largest provider of distributed power generation systems in China and entered into China’s wind energy market in 2008. The Company is also focused on developing and commercializing additional renewable energy technologies and has strategic relationships with both Tsinghua University and the China Sciences Academy in Guangzhou.
Contact:
A-Power Energy Generation Systems, Ltd.
John S. Lin, Interim CFO
Tel: +1-626-636-6366 (US)
+86-139-111-32618 (China)
Union IR
Ian Shanno
Tel: +1-310-928-3780
