WUXI, China, April 29 /PRNewswire-Asia-FirstCall/ -- China
Wind Systems, Inc. (Nasdaq: CWS), ("China Wind Systems" or the
"Company"), a leading supplier of forged products and industrial
equipment to the wind power and other industries in China, announced today that it signed an
agreement to provide forged products on a trial basis to Guangdong
MingYang Wind Power Technology Co., Ltd ("MingYang").
Based in Zhongshan, Guangdong
Province and founded in 2006, MingYang manufactures wind
power turbines and provides installation services for wind
turbines.
The agreement stipulates that China Wind Systems will supply yaw
brake discs and yaw sleeve gaskets to MingYang for use in 3MW wind
turbines. The Company anticipates MingYang to place a larger order
with the Company upon satisfactory inspection of the trial
products.
"We believe our expertise in forged product manufacturing and
our commitment to producing quality products will meet MingYang's
growing requirements," commented Mr. Jianhua Wu, Chairman and CEO of China Wind
Systems. "We look forward to building a long-term relationship with
MingYang."
About China Wind Systems, Inc.
China Wind Systems supplies forged rolled rings to the wind
power and other industries and industrial equipment to the textile
industry in China. With its newly
finished state-of-the-art production facility, the Company has
increased its production and shipment of high-precision rolled
rings and other essential components primarily to the wind power
and other industries. For more information on the Company, visit
http://www.chinawindsystems.com . Information on the Company's Web
site or any other Web site does not constitute a portion of this
release.
Safe Harbor Statement
This release contains certain "forward-looking statements"
relating to the business of the Company and its subsidiary and
affiliated companies. These forward-looking statements are often
identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions. Such forward looking
statements involve known and unknown risks and uncertainties that
may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website (http://www.sec.gov ). All
forward-looking statements attributable to the Company or to
persons acting on its behalf are expressly qualified in their
entirety by these factors other than as required under the
securities laws. The Company does not assume a duty to update these
forward-looking statements.
For further information, please contact:
Company Contact:
China Wind Systems, Inc.
Ms. Teresa Zhang
Chief Financial Officer
Tel: +1-877-224-6696 x705
Email: teresa.zhang@chinawindsystems.com
Web: http://www.chinawindsystems.com
Investor Relations Contact:
CCG Investor Relations
Mr. Shaun Smolarz
Financial Writer
Tel: +1-646-701-7444
Email: shaun.smolarz@ccgir.com
Mr. Athan Dounis
Account Manager
Tel: +1-646-213-1916 (NY office)
Email: athan.dounis@ccgir.com
Web: http://www.ccgirasia.com
SOURCE China Wind Systems, Inc.