SHENYANG, China, Oct. 10 /Xinhua-PRNewswire-FirstCall/ -- A-Power Energy Generation Systems, Ltd. ("A-Power"), announced today that it will conduct a conference call on Wednesday, October 15, 2008 at 9:00 am EDT to reaffirm guidance and discuss recent developments.
According to John Lin, A-Power's Chief Strategy Officer and Interim Chief Financial Officer, "We want to reaffirm our earnings guidance, while also noting we anticipate our third quarter 2008 financial statement review will be finalized within the next 30 days, when we will schedule our third quarter earnings call."
Interested parties may participate in the call by dialing (800) 688-0836 (U.S.) or (617) 614-4072 (International) approximately 10 minutes before the call is scheduled to begin. The conference call passcode is 94360685.
About A-Power
A-Power Energy Generation Systems, Ltd., through its PRC operating subsidiary, Liaoning GaoKe Energy Group Co., Ltd., is the largest provider of distributed power generation systems in China and entered into China's wind energy market in 2008. The Company is also focused on developing and commercializing additional renewable energy technologies and has strategic relationships with both Tsinghua University and the China Sciences Academy in Guangzhou.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, about A-Power. Forward-looking statements are statements that are not historical facts, including statements relating to expected future operating results and the schedule of earnings announcements and calls. Such forward-looking statements, based upon the current beliefs and expectations of A-Power's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward- looking statements: uncertainties associated with the process of completing internal procedures and required reviews relating to the recently completed quarter; business conditions in China; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which A-Power is engaged; cessation or changes in government incentive programs; fluctuations in customer demand; production delays, component shortages, management of rapid growth and transitions to new markets; intensity of competition from or introduction of new and superior products by other providers of distributed power generation and other energy generation technology; timing, approval and market acceptance of new product introductions; general economic conditions; and geopolitical events, as well as other relevant risks detailed in A-Power's filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Neither A-Power nor GaoKe assumes any obligation to update the information contained in this press release.
For more information, please contact: Union IR Ian Shanno Tel: +1-310-928-3780
