China Wind Systems, Inc. Announces New Independent Director
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: [email protected] Web: http://www.chinawindsystems.com Investor Relations Contact: Mr. Shaun Smolarz Financial Writer CCG Investor Relations Tel: +1-646-701-7444 Email: [email protected] Mr. Athan Dounis Account Manager CCG Investor Relations Tel: +1-646-213-1916 Email: [email protected] Web: http://www.ccgirasia.com
SOURCE China Wind Systems, Inc.
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