Gushan Environmental Energy Limited Announces Date of Third Quarter 2011 Results Release and Conference Call with Investors
NEW YORK, Dec. 15, 2011 /PRNewswire/-- Gushan Environmental Energy Limited ("Gushan" or the "Company"; NYSE: GU) announces that it will submit its unaudited financial results for the third quarter of 2011 on Form 6-K to the U.S. Securities and Exchange Commission on Wednesday, December 21, 2011, to be followed by a conference call on the same day at 8:30 a.m. Eastern Standard Time (or 9:30 p.m. Hong Kong Time) to discuss the Company's financial results for the third quarter ended September 30, 2011.
To join the conference call, please use the dial-in details below:
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US Toll Free Number |
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1 718 354 1231 |
US Toll Number: (for international callers) |
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186 651 94004 |
Hong Kong Toll Number |
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852 2475 0994 |
Hong Kong Toll Free Number |
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800 930 346 |
China Toll Free Number - Mobile |
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400 620 8038 |
China Toll Free Number |
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800 819 0121 |
UK Toll Free Number (for international callers) |
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080 823 46646 |
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Conference ID: |
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37472491 |
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 12:30 p.m. Hong Kong Time) until December 28, 2011. To listen to the replay, please use the dial in details below:
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US Toll Free Number: |
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1 718 354 1232 |
US Toll Number: (for international callers) |
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186 6214 5335 |
Conference ID: |
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37472491 |
About Gushan Environmental Energy Limited
Gushan is a leader in the China 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 used cooking oil, and by-products from biodiesel production, including glycerine and plant asphalt. 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 490,000 tons. Gushan's Sichuan production facility is currently in operation. Gushan also operates a recycled copper products business through Engen Investments Limited ("Engen"), a 75%-owned subsidiary, that manufactures copper rods, copper wires and copper granules from recycled copper, and communication cables from copper wires. Currently, Engen has three plants, with a daily production capacity of approximately 210 tons of recycled copper products and approximately 24 tons of communication cables.
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. 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:
US
Elizabeth Cheek
Hill & Knowlton (New York)
Tel: (1) 212 885 0682
Email: [email protected]
Asia
Rico Ngai
Hill & Knowlton (Hong Kong)
Tel: (852) 2894 6204
Email: [email protected]
SOURCE Gushan Environmental Energy Limited
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