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China In-Focus: A-Power Energy Generation Moves Top-level Officials Around

May 26, 2009 (FinancialWire) — A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR), a Chinese manufacturer of wind turbines, has appointed Kin Kwong Mak to the position of chief financial officer. A-Power’s acting CFO, John Lin, will become its chief operating officer.

Mak joins A-Power from New Dragon Asia Corp., where he held the CFO position from 2004 to 2008. He was previously the managing partner of Arthur Andersen Southern China and also a partner of Arthur Andersen Worldwide.

He currently is a director at several publicly-traded Chinese companies, including Trina Solar, China Security & Surveillance Technology and China Grentech. Mak is also the chair of the audit committee at Trina Solar, China Security & Surveillance Technology, and China Grentech.

Shanyang, China-based A-Power Energy Generation Systems is a largest provider of distributed power generation systems in China, focusing on projects of 25 megawatts to 400MW.

In 2008, A-Power entered the wind energy market and has built a wind turbine manufacturing facility with technologies licensed from Germany-based Fuhrlander AG and Denmark-based Norwin, and a total annual production capacity of 1,125MW.

In March, A-Power entered into an agreement to establish a joint venture partnership with GE to produce wind turbine gearboxes in Shenyang. A-Power also has strategic relationships with Tsinghua University in Beijing and the China Academy of Sciences in Guangzhou to develop and commercialize other renewable energy technologies.

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