A-Power Energy Generation Systems, Ltd.

Formerly Chardan South China Acquisition Corporation

Industry: Manufacturing

Main business locations: China

Registered address:
Kingston Chambers
P.O. Box 173
Road Town, Tortola
British Virgin Islands

Registered agent:
Maples Finance BVI Limited

Incorporation date:
May 14, 2007

Listed on: NASDAQ
Ticker: APWR

Financial highlights:
Net Loss (9m 2007): USD 259,156
Market Capitalization: USD 243 million

About the BVI company:

A-Power Energy Generation Systems, Ltd. (formerly Chardan South China Acquisition Corp.), through its Chinese operating subsidiary, Liaoning GaoKe Energy Group Co., Ltd., is the provider of distributed power generation systems in China. A-Power Energy Generation Systems, Ltd. also develops and commercializes additional renewable energy technologies, and has strategic relationships with both Tsinghua University and the China Sciences Academy in Guangzhou. The company is planning to enter into China's wind energy market in 2008.