Harbin Electric to Report First Quarter 2009 Financial Results on May 8th

* Reuters is not responsible for the content in this press release.

Wed Apr 29, 2009 7:00am EDT

HARBIN, China, April 29 /PRNewswire-Asia-FirstCall/ -- Harbin Electric,
Inc., ("Harbin Electric" or the "Company") (Nasdaq: HRBN), a leading Chinese
developer and manufacturer of a wide array of electric motors, will host a
conference call to discuss the first quarter 2009 financial results at 8:30
a.m. EDT on Friday, May 8th, 2009. Tianfu Yang, Chairman and Chief Executive
Officer, Zedong Xu, Chief Financial Officer, and Christy Shue, Executive Vice
President will be on the call. The Company plans to release its first quarter
2009 financial results before the conference call.

    To participate in the conference call, please dial any of the following
numbers:
     USA:            1-800-603-1779
     International:  +1-706-643-7429
     North China:    10-800-713-0924
     South China:    10-800-130-0748

    The conference ID for the call is 97298235

    A replay of the call will be available beginning at 9:30 a.m. EDT on May
8th, 2009 and will remain available through midnight on May 15th, 2009.
    To access the replay, please dial any of the following numbers:
    USA:            1-800-642-1687
    International:  +1-706-645-9291

    Passcode is 97298235.

    This conference call will be broadcast live over the Internet. To listen
to the live webcast, go to http://www.harbinelectric.com and click on 'Harbin
Electric Q1 2009 Financial Results Conference Call'. The replay of the webcast
will be available for 30 days and will be archived on the Investor Kits page
of the website after 30 days.
    About Harbin Electric, Inc.
    Harbin Electric, headquartered in Harbin, China, is a leading developer
and manufacturer of a wide array of electric motors with a focus on
innovative,
customized and value-added products. Its major product lines include linear
motors, automobile specialty micro-motors, and industrial rotary motors. The
Company's products are purchased by a broad range of domestic and
international customers, including those involved in oil services, factory
automation, food processing, packaging, transportation, automobile, medical
devices, machinery and tool manufacturing, petrochemical, as well as in the
metallurgical and mining industries.
    Harbin Electric has built a strong research and development capability by
recruiting talent worldwide and through collaborations with top scientific
institutions. The Company owns numerous patents in China and has developed
award-winning products for its customers. Through its U.S. and China-based
subsidiaries, the Company operates three manufacturing facilities in China
located in Harbin, Weihai, and Shanghai with a total of approximately 2,000
employees. Each of the three manufacturing facilities is dedicated to a
specific product line and is equipped with state-of-the-art production
equipment and quality control systems.
    As China continues to grow its industrial base, Harbin Electric aspires to
be a pioneer in leading the industrialization and technology transformation of
the Chinese manufacturing sector. To learn more about Harbin Electric, visit
http://www.harbinelectric.com .
    Safe Harbor Statement
    The actual results of Harbin Electric, Inc. could differ materially from
those described in this press release. Detailed information regarding factors
that may cause actual results to differ materially from the results expressed
or implied by statements in this press release may be found in the Company's
periodic filings with the U.S. Securities and Exchange Commission, including
the factors described in the section entitled 'Risk Factors' in its annual
report on Form 10-K for the year ended December 31, 2008. The Company does not
undertake any obligation to update forward-looking statements contained in the
press release. This press release contains forward-looking information about
the Company that is intended to be covered by the safe harbor for
forward-looking statements provided by the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are statements that are not
historical facts. These statements can be identified by the use of
forward-looking terminology such as 'believe,' 'expect,' 'may,' 'will,'
'should,' 'project,' 'plan,' 'seek,' 'intend,' or 'anticipate' or the negative
thereof or comparable terminology, and include discussions of strategy, and
statements about industry trends and the Company's future performance,
operations and products.
    For investor and media inquiries, please contact:

    In China
     Harbin Electric, Inc.
     Tel:   +86-451-8611-6757
     Email: MainlandIR@Tech-full.com

    In the U.S.
     Christy Shue
     Harbin Electric, Inc.
     Executive VP, Finance & Investor Relations
     Tel:   +1-631-312-8612
     Email: cshue@HarbinElectric.com

     Kathy Li
     Christensen Investor Relations
     Tel:   +1-212-618-1987
     Email: kli@christensenir.com

SOURCE  Harbin Electric, Inc.

In China - Harbin Electric, Inc., +86-451-8611-6757, or
MainlandIR@Tech-full.com; In the U.S. - Christy Shue of Harbin Electric, Inc.,
Executive VP, Finance & Investor Relations, +1-631-312-8612, or
cshue@HarbinElectric.com; Kathy Li of Christensen Investor Relations,
+1-212-618-1987, or kli@christensenir.com
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