Gushan's 2007 Annual Report on Form 20-F is Available on the Company's Website

NEW YORK, July 22 /PRNewswire-FirstCall/ -- Gushan Environmental Energy
Limited ("Gushan" or "Company"; NYSE: GU) announced today that subsequent to
the filing of the Company's 2007 Annual Report on Form 20-F with the U.S.
Securities and Exchange Commission, the annual report, including the Company's
audited financial statements for the fiscal year ended December 31, 2007, is
available on the Investor Relations section of the Company's website at
http://www.chinagushan.com/en/.
Shareholders may receive a hard copy of the Company's annual report free
of charge upon request, which can be made through the Investor Relations
section of the Company's website at http://www.chinagushan.com/en/ under the
link titled "IR Contact."
About Gushan Environmental Energy Limited
Gushan Environmental Energy is China's largest producer of biodiesel, as
measured by annual production capacity. The company produces biodiesel, a
renewable, clean-burning and biodegradable fuel, primarily from vegetable oil
offal and used cooking oil, and by-products from biodiesel production,
including glycerine, plant asphalt, erucic acid and erucic amide. Gushan sells
biodiesel directly to users, such as marine vessel operators, as well as to
petroleum wholesalers and individual retail gas stations. The company
currently operates five production facilities in the Sichuan, Hebei, Fujian
provinces and Beijing and Shanghai with a combined annual production capacity
of 290,000 tons. The company targets to increase its annual production
capacity to 400,000 tons by the end of 2008 with the expansion or addition of
new production facilities in Beijing, Shanghai, Hunan and Chongqing.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements can be identified by words such as
"will," "may," "expect," "anticipate," "aim," "target," "intend," "plan,"
"believe," "estimate," "potential," "continue," and other similar statements.
Statements other than statements of historical facts in this announcement are
forward-looking statements, including but not limited to, our expectations
regarding the expansion of our production capacities, our future business
development, and our beliefs regarding our production output. These forward-
looking statements involve known and unknown risks and uncertainties and are
based on current expectations, assumptions, estimates and projections about
the Company and the industry. Important risks and uncertainties that could
cause the Company's actual results to be materially different from
expectations include but are not limited to the effect of any applicable
government policy, law or regulation, of natural disasters, and of
intensifying competition in the biodiesel and alternative energy industries,
the availability of suitable raw materials to the Company, and the risks set
forth in the Company's filings with the U.S. Securities and Exchange
Commission, including on Form F-1, as amended. The Company undertakes no
obligation to update forward-looking statements, except as may be required by
law. Although the Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you that its
expectations will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated results.
SOURCE Gushan Environmental Energy Limited

US, Ann Mangold of Hill & Knowlton (New York), +1-212-885-0518,
ann.mangold@hillandknowlton.com; or Asia, Hoi-ni Kong of Hill & Knowlton (Hong
Kong), +852-2894-6323, hoini.kong@hillandknowlton.com.hk, both for Gushan