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Message #2
From: NewsBot
Date: May 30, 2008 10:03:15 AM

A-Power Schedules Q1 2008 Financial Results and Conference Call

A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR Stock) ("A-Power"), announced today that it will issue its financial results for its first quarter ended March 31, 2008 prior to the open of the stock market on June 6, 2008. Management will then conduct a conference call at 9am EDT on June 6, 2008 to discuss these results.

Mr. Edward Meng, A-Power’s CFO commented, “As a foreign filer, A-Power is not obligated to announce financial results for 2008 until June 30, 2009. Although, to keep our investors apprised of our ongoing progress we plan to announce financial results and hold conference calls on a quarterly as well as on a year-end basis. Due to our merger with Chardan South China Acquisition Corp. in Q1 2008 and the need to consolidate the financials of both companies, our quarterly financial results will be announced approximately 2 months after the end of the quarter. In the future, we expect that our financial results will be announced within a much shorter time frame after each quarter and year-end.”

Interested parties may participate in the call by dialing (800) 901-5248 (U.S.) or (617) 786-4512 (International) approximately 10 minutes before the call is scheduled to begin. The conference call passcode is 11349239.

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 will enter 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.

A-Power Energy Generation Systems, Ltd.
Mark Brewer, 619-795-4627
or
Investor Relations
Ian Shanno, 310-928-3780

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