The company announced that on 24 June 2008 it signed a contract with Xian Jieli Electric Technology Co. Ltd to purchase stators used in 1.5 MW wind-driven generators for RMB 1.16 bln. Yongji Electric Machine Factory under China Northern Locomotive and Rolling Stock Industry (Group) Corp. has guaranteed the contract with joint liability. The contract is effective from July 2008 to December 2009.

The company asserted that the stators are key parts for the wind generators and that the contract will guarantee a stable supply.

Source: www.stockstar.com

Date: 26 Jun 2008

CN01/NW/MZ/BT/MM