Chardan South China (APWR)




   ICE COLD NOTES

APWR will be ringing the bell on April 16 on the NASDAQ. We suspect upgrades in earnings and additional research reports. Rumors have it that a huge contract is pending.

The Ice Man sold his position. He will let you know when he buys again.


   PROFILE

A-Power Energy Generation Systems, Ltd. designs, constructs, and tests distributed power generation systems to factories and users in the People's Republic of China. It incorporates standard power generating equipment into an integrated system that includes refined control systems to balance power generation with demand. The company also offers automatic control system, which monitors the performance of equipment in the system, including the boiler, turbine, generator, grid supply, demand, and distribution, as well as space and water heating functions. Its target customers include companies operating in various industries, including steel, chemical, cement, food processing, and ethanol; and municipal governments, as well as state-owned Chinese power companies. The company was founded in 2003 and is based in Shenyang, the People's Republic of China.


   INVESTMENT HIGHLIGHTS

None available at this time.


   GROWTH STRATEGY


   MANAGEMENT

Mr. Jinxiang Lu - Chief Exec. Officer
Mr. Guangsheng Meng - Chief Financial Officer


   COMPANY CONTACT INFORMATION

A-Power Energy Generation Systems, Ltd.
625 Broadway
Suite 1111
San Diego, CA 92101
Phone: 619-795-4627


   RESEARCH REPORTS

A-Power Energy Receives a $150 Million Distributed Power Generation Contract in Thailand, Its First Major International Contract

Roth/APWR: Strong 4Q07 Results; Improved Clarity into FY08; Valuation Compelling


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