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Shareholders may receive a hard copy of the Company's audited financial statements for its fiscal year ended December 31, 2008, free of charge upon request through the "Investor Relations" section of the Company's website under the link titled "IR Contacts."
About Gushan Environmental Energy Limited
Gushan is the largest biodiesel producer in China, as measured by annual biodiesel production capacity and one of the largest biodiesel producers in Asia, as measured by nominal capacity, according to a report by Frost & Sullivan, a market research and consulting firm, dated May 23, 2008. 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 340,000 tons.
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, the Company's expectations regarding the expansion of its production capacities, its future business development, and its beliefs regarding its 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.
For further information, please contact:
US
Elizabeth Cheek
Hill & Knowlton (New York)
Tel: (1) 212 885 0682
Email: elizabeth.cheek@hillandknowlton.com
Asia
Hoi Ni Kong
Hill & Knowlton (Hong Kong)
Tel: (852) 2894 6322
Email: hoini.kong@hillandknowlton.com.hk
SOURCE Gushan Environmental Energy Limited
http://www.chinagushan.com/en
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