Harbin Electric Completes Acquisition of Hengda Electric Motor, a Leading Industrial Rotary Motor Business

www.theautochannel.com | Jul 15, 2008

HARBIN, China, July 15 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company"; Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today announced that

http://www.theautochannel.com/news/2008/07/15/093041.html

Harbin Electric Signs Definitive Agreement to Acquire Industrial Rotary Motor Business

www.prnewswire.com

Ltd., a wholly owned subsidiary of the Company ('Harbin Tech Full') has entered into a definitive agreement to acquire Weihai Hengda Electric Motor Co. Ltd and Wendeng Second Electric Motor Factory (together "Hengda Electric Motor") for RMB375 million (approximately US$54 million) in cash.

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Harbin Electric Announces Common Stock Private Placement

www.pheedo.com | Jun 26, 2008

HARBIN, China, June 26 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company", Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today announced that it

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Harbin Electric Signs Asset Purchase Agreement; Expands Presence in Electric Motors...

, Ltd. ("Taifu Auto"). As consideration for the assets to be acquired, Taifu Auto will receive $4 million in cash and 473,354 shares of the Company's common stock. Based on the closing price of Harbin's common stock on Friday, June 15, 2007 of $14.

http://www.indiacar.net/news/n59699.htm

INDIACAR.NET - Bringing you the latest auto news

HARBIN, China, Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc. announced today preliminary results for the fiscal year ended December 31, 2005. The company expects to report net income between $10.1 million and $10.4 million, or earnings per share between $0.65 and $0.67.

http://www.indiacar.net/news/n23183.htm

Harbin Electric to Present at Susquehanna Financial Group's Global Opportunities...

The Company's presentation is scheduled for Thursday, May 17th at 3:00 p.m. ET. Listeners may access a live webcast of the presentation at: www.wsw.com/webcast/sig5/hrbn/ . Attendance to this conference is by invitation only. Clients interested in attending should contact their SIG representatives.

http://www.indiacar.net/news/n57538.htm