TORONTO, Jan. 11 /CNW/ - China Wind Power International Corp. (TSX-V: CNW) ("China Wind" or the "Company"), today announced that Mr. Zhijie Song was appointed Chief Engineer, in charge of the Company's wind farms development and operation, effective immediately.
"We are pleased to welcome Mr. Song to our team," said Mr. Jun Liu, Chief Executive Officer of China Wind. "Mr. Song's appointment broadens and strengthens our management team. His solid background including more than 30 years of experience in the power industry, and specifically, his hands-on experience with the wind turbines we use, make him an important asset for China Wind."
Mr. Song has over 30 years experience in the power industry and has held a variety of technical executive positions during his career. Prior to joining China Wind, he was the Chief Engineer for a major wind turbine manufacturer, where he was in charge of turbine design, development and production. In addition to once being the President of Daqing Power Cable Research Institute, Mr. Song's career also includes tenures as the Chief Engineer for Daqing Cable Material Manufacture Co., Ltd., Qidong Power Cable Plant and Daqing Power Cable Plant. Mr. Song holds two technical patents in China and has received many accolades for his technical achievements. He is a committee member of Heilongjiang Province Electric Technology Association and the deputy director committee member of Heilongjiang Province Power Cable Industry Association. Mr. Song obtained his Bachelor of Science degree from Harbin University of Science and Technology, and studied in Shanghai Jiao Tong University for three years.
About China Wind Power International Corp.
China Wind Power International Corp. is an Ontario company that is uniquely positioned to capitalize on the growing demand for wind power in China. The Company indirectly holds the exclusive rights for wind energy development in Du Mon County, Heilongjiang Province, which has a demonstrated potential installed capacity of 1,150 MW of wind energy developable over an area of 612 square km. While 1,150 MW represents the Company's long-term potential for wind power in the area, its current plans are for building out 546 MW over five development phases. The Company's common shares are listed on the TSX Venture Exchange under the symbol CNW. The Company has approximately 57.3 million shares outstanding.
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Certain statements that are not historical facts made in this press release may be forward looking statements subject to risks and uncertainties. Statements containing words such as "will", "could", "expect", "may", "anticipate", "believe", "intend", "estimate", "plan" and other similar expressions are forward-looking statements that represent management's beliefs at the time the statements are made and are based on certain factors and assumptions including wind farm construction and commercial production schedule, output and capacity, revenue and earnings expectations and market potential. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward-looking statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties involving the availability of financing; fluctuations in currency exchange rates; uncertainties relating to economic and market conditions; uncertainty of estimates of capital and operating costs; the need to obtain additional financing to develop the projects and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in the information circular dated May 29, 2009 relating to the Company's reverse take-over with Berkshire Griffin Inc., which is available at www.sedar.com under the Company's profile. Except as required by applicable securities laws, the Company undertakes no obligation to update any forward looking statement to reflect events or circumstances after the date on which such statement is made.
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SOURCE CHINA WIND POWER INTERNATIONAL CORP.
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