GC China Turbine Announces the Resignation of Chief Financial Officer Chen Guijun and Director Marcus Laun, and the Appointme...
February 24 2012 - 8:53AM
Marketwired
GC China Turbine Corporation ("GC China" or the "Company") (OTCBB:
GCHT) today announced that Mr. Chen Guijun resigned as the
Company's Chief Financial Officer on February 22, 2012 and Mr.
Marcus Laun resigned as a member of the Company's Board of
Directors, effective as of February 17, 2012.
"I would like to thank Mr. Chen Guijun for serving as the
Company's Chief Financial Officer for the past nine months and for
his wisdom and guidance, and I would also like to thank Mr. Marcus
Laun for serving as a member of the board of directors of the
Company for his contributions," said Mr. Hou Tiexin, Chairman of
the Company. "We will miss Mr. Chen Guijun and Mr. Marcus Laun and
wish them the best in their futures."
The Company also announced the appointment of Mr. Gong Maosheng
as Interim Chief Financial Officer effective as of February 22,
2012. An accountant by training, Mr. Gong currently works for the
Company's wholly-owned subsidiary, Wuhan Guoce Nordic New Energy
Co., Ltd., where he provides financial and accounting
expertise.
About GC China Turbine Corp.
GC China is a manufacturer of state-of-the-art 2-blade and
3-blade wind turbines based in Wuhan City of Hubei Province, China.
The Company holds a license to manufacture what it believes is a
groundbreaking technology which meets rigorous requirements for
low-cost and high reliability. For more information visit:
www.gcchinaturbine.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, future LVRT regulatory requirements, the
Company's certification process, product development and
collections of accounts receivables. Actual results could differ
from those projected in any forward-looking statements due to
numerous factors. Such factors include, among others, the inherent
uncertainties associated with financial performance, regulatory
changes and development stage companies. These forward-looking
statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe
that any beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurance that
any such beliefs, plans, expectations or intentions will prove to
be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-K for the most recent
fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact: Todd M. Pitcher Aspire Clean Tech Communications
Phone: 760-798-4938
GC China Turbine (CE) (USOTC:GCHT)
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