WUXI, Jiangsu, China,
July 14 /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, today announced that it
elected Mr. Tianxiang Zhou as a
director, replacing Mr. Xuezhong Hua
who resigned due to health reasons effective July 7, 2010. Mr. Zhou is an independent
director.
Mr. Zhou brings to the Company 49 years of mechanical
engineering experience. He started his career in 1961 as a
technician at Wuxi Hydro Plant Limited and was later promoted to
Senior Engineer. From 1994 to 1998, he was a Chief Engineer at Wuxi
Chemical Holdings in its design division. In 1998, Mr. Zhou joined
Wuxi Huayang Dye Machinery Equipment Limited as Chief Engineer. In
2004, he became Chief Engineer of Wuxi Angyida Mechanism Limited
Company. Mr. Zhou received his bachelor's degree in chemical
machinery design from Nanjing Institute of Chemical Technology.
"We are honored to have Mr. Zhou join our board as an
independent director," said Mr. Jianhua
Wu, Chairman and Chief Executive Officer. "Given his
extensive experience in mechanical engineering, we believe Mr. Zhou
can play an important role in helping us grow our business in the
wind energy industry."
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 (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 more information, please contact:
Company Contact:
Ms. Teresa Zhang
Chief Financial Officer
China Wind Systems, Inc.
Tel: +1-877-224-6696 x705
Email: teresa.zhang@chinawindsystems.com
Web: http://www.chinawindsystems.com
Investor Relations Contact:
Mr. Shaun Smolarz
Financial Writer
CCG Investor Relations
Tel: +1-646-701-7444
Email: shaun.smolarz@ccgir.com
Mr. Athan Dounis
Account Manager
CCG Investor Relations
Tel: +1-646-213-1916
Email: athan.dounis@ccgir.com
Web: http://www.ccgirasia.com
SOURCE China Wind Systems, Inc.