China Wind Systems to Supply Subassembly for Monocrystalline Silicon Wafer Manufacturing Equipment

WUXI, China, May 31, 2011 /PRNewswire-Asia-FirstCall/ -- China Wind Systems, Inc. (NASDAQ: CWS), ("China Wind Systems" or the "Company"), a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China, today announced that the Company received a sample order from its international customer to supply equipment used in the manufacture of monocrystalline silicon wafers.

China Wind Systems is scheduled to deliver the subassembly in August 2011 for inspection and approval by its customer. The unit price of monocrystalline equipment will be almost double the selling price of multicrystalline equipment.

"Our new sample order to supply subassembly for monocrystalline silicon wafers reflects the confidence of our customer in our products and service delivery. The monocrystalline silicon wafers present an attractive growth opportunity, and we hope for a strong order flow in the near future. We estimate the potential market for our subassemblies for monocrystalline wafer equipment can be even larger than our multicrystalline units," commented Mr. Jianhua Wu, Chairman and Chief Executive Officer of China Wind Systems.  "We believe that the successful completion of this contract will strengthen our market presence in the rapidly growing solar industry. With our strong clean energy sector focus combined with the stated policies of the PRC Government to encourage the use of clean energy, we expect increased contribution from our solar segment in the coming years."

About China Wind Systems, Inc.

China Wind Systems, Inc. is a profitable, rapidly growing supplier of precision forged components primarily to the wind industry in China - the world's leading wind-power market. The Company also supplies forged and other components and fabricated products to 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, including factors described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-K for the year ended December 31, 2010 and in "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-Q for the quarter ended March 31, 2011. 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.

SOURCE China Wind Systems, Inc.

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