Gushan Environmental Energy Limited Announces Date of Fourth Quarter 2010 and 2010 Annual Results Release and Conference Call with Investors
NEW YORK, March 25, 2011 /PRNewswire/ -- Gushan Environmental Energy Limited ("Gushan" or the "Company"; NYSE: GU) announces that it will submit its unaudited financial results for the fourth quarter and full year of 2010 on Form 6-K to the U.S. Securities and Exchange Commission on Wednesday, March 30, 2011, to be followed by a conference call on the same day at 8:30 a.m. Eastern Standard Time (or 8:30 p.m. Hong Kong Time) to discuss the Company's financial results for the fourth quarter and full year ended December 31, 2010.
To join the conference call, please use the dial-in details below:
US Toll Free Number |
1.866.700.0161 |
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US Toll Number: (for international callers) |
1.617.213.8832 |
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Hong Kong Toll Number |
852.3002.1672 |
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Hong Kong Toll Free Number |
800.96.3844 |
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China Toll Free Number |
10.800.130.0399 |
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UK Toll Free Number |
0808.234.7616 |
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UK Toll Number (for international callers) |
44.207.365.8426 |
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Passcode: |
58429089 |
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An audio webcast will also be available at http://www.chinagushan.com
A replay of the call will be available on the same day at 11:30 a.m. Eastern Standard Time (or 11:30 p.m. Hong Kong Time) until April 6, 2011. To listen to the replay, please use the dial in details below:
US Toll Free Number: |
1.888.286.8010 |
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US Toll Number: (for international callers) |
1.617.801.6888 |
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Passcode: |
64575777 |
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About Gushan Environmental Energy Limited
Gushan is a leader in the PRC biodiesel industry, in terms of annual production capacity, and one of the leading biodiesel producers in Asia, in terms of nominal capacity. Gushan produces biodiesel, a renewable, clean-burning and biodegradable fuel and a raw material used to produce chemical products, primarily from vegetable oil offal and used cooking oil, and by-products from biodiesel production, including glycerine, plant asphalt, erucic acid and erucic amide. Gushan sells biodiesel directly to users, such as marine vessel operators and chemical factories, as well as to petroleum wholesalers and individual retail gas stations. The Company has seven production facilities, located in the Sichuan, Hebei, Fujian and Hunan provinces and in Beijing, Shanghai and Chongqing, with a combined annual production capacity of 390,000 tons. Gushan's Hebei and Beijing production facilities are currently in operation. Gushan also operates a copper recycling business through Mianyang Jin Xin Copper Company Limited ("Jin Xin"), a 75%-owned subsidiary, that manufactures copper rods, copper wires and copper granules from recycled copper in Sichuan. Jin Xin has one plant in Sichuan, with a daily production capacity of approximately 160 tons of recycled copper products.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as "will," "may," "expect," "anticipate," "aim," "target," "intend," "plan," "believe," "estimate," "potential," "continue," and other similar statements. Statements other than statements of historical facts in this press release are forward-looking statements, including but not limited to, the Company's expectations regarding the expansion of its production capacities, its future business development, and its beliefs regarding its production output. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the effect of any applicable government policy, law or regulation, of natural disasters, and of intensifying competition in the biodiesel and alternative energy industries, the availability of suitable raw materials to the Company, and the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including on Form 20-F, as amended. The Company undertakes no obligation to update forward-looking statements, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For further information, please contact: |
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US |
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Elizabeth Cheek |
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Hill & Knowlton (New York) |
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Tel: (1) 212 885 0682 |
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Email: [email protected] |
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Asia |
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Rico Ngai |
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Hill & Knowlton (Hong Kong) |
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Tel: (852) 2894 6204 |
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Email: [email protected] |
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SOURCE Gushan Environmental Energy Limited
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