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Wuhan General Group (China), Inc. Announces Results of Annual Meeting of Stockholders

Posted on: Thursday, 25 June 2009, 07:00 CDT

WUHAN, Hubei, China, June 25 /PRNewswire-Asia-FirstCall/ -- Wuhan General Group (China), Inc. (Nasdaq: WUHN) ("Wuhan General" or the "Company"), a leading manufacturer of industrial blowers and turbines in China, operating through its subsidiaries, Wuhan Blower Co., Ltd. ("Wuhan Blower"), Wuhan Generating Equipment Co., Ltd. ("Wuhan Generating") and Wuhan Xingelin Machinery Equipment Manufacturing Co., Ltd. ("Wuhan Xingelin"), today announced the results of its Annual Meeting of Stockholders (the "Annual Meeting") held on June 23, 2009 in Wuhan, the People's Republic of China.

At the Annual Meeting, stockholders re-elected each of the following nominees to the board of directors of the Company for a one-year term: Ge Zengke, Huang Zhaoqi, David K. Karnes, Brian Lin, Shi Yu, Xu Jie and Zheng Qingsong.

In addition, the board appointed Mr. Chen Juntao as vice president of Wuhan General and the General Manager of the Blower division, effective June 23, 2009. Before joining Wuhan General, Mr. Chen held various managerial roles in real estate and industrial companies in China.

"We are pleased to have Mr. Chen join our management team," stated Mr. Xu Jie, the Company's CEO. "We welcome his expertise in management and look forward to his continuous contributions to our company's growth."

Commenting on the appointment, Mr. Chen said, "I am very excited to join Wuhan General where I believe I can leverage my managerial experience and industrial background to continue growth within the blower division."

About Wuhan General Group (China), Inc.

Through its subsidiaries Wuhan Blower, Wuhan Generating, and Wuhan Xingelin, Wuhan General is a leading manufacturer of industrial blowers and turbines in China and the Company is based in Wuhan, Hubei Province, China. Wuhan Blower is a China-based manufacturer of industrial blowers that are principal components of steam-driven electrical power generation plants. Wuhan Generating is a China-based manufacturer of industrial steam and water turbines used for electricity generation in coal, oil, nuclear, and hydroelectric power plants. Wuhan Xingelin manufactures silencers, connectors and other general parts for industrial blowers and electrical equipment, and it produces general machinery equipment. The Company's primary customers are from the iron and steel, power generation, petrochemical and other industries. Led by a strong management team, Wuhan General is well recognized for its technological sophistication and quality construction of blowers and turbines. For more information visit the Company's website at http://www.wuhangeneral.com .

Safe Harbor Statement

Certain statements in this press release, including statements regarding the effects of our management and the growth of our businesses, may be forward-looking in nature or "forward-looking statements," as defined by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to vulnerability of our business to general economic downturn, operating in the People's Republic of China (PRC) generally and the potential for changes in the laws of the PRC that affect our operations, our failure to meet or timely meet contractual performance standards and schedules and other factors that may cause actual results to be materially different from those described in such forward-looking statements. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Wuhan General's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting Wuhan General will be those anticipated by the Company. Wuhan General undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

SOURCE Wuhan General Group (China), Inc.

Source: PR Newswire

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