Our Company Signs Wind Tower Tube Manufacturing Agreement for Two Wind Power Projects with China Lon

Our company's subsidiary and a wind tower tube manufacturer Jilin Tian He Wind Power Equipment Co. Ltd. ("Jilin Tian He") has signed [wind tower tube manufacturing and procurement project agreement] with China Longyuan Electric Power Group Corporation ("China Longyuan"), pursuant to which Jilin Tian He will deliver two wind power projects in China involving a total of 58 sets of tower tubes to China Longyuan by mid-2009, with a total consideration of around RMB60,000,000.

China Longyuan was founded in 1993 and is the largest wind power investor in China. Its parent company China Guodian Corporation is among the five largest electricity companies in the country.