A-Power Energy Generation (PINK:APWR)

SHENYANG, China, October 3, 2011 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) ("A-Power" or the "Company"), a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that on September 28, 2011, it received an additional determination letter from the Staff of The Nasdaq Stock Market LLC ("Nasdaq").

The Nasdaq Staff indicated in its letter that the Company's failure, within a reasonable period of time, to provide the Staff with certain additional information requested in a letter to the Company dated September 9, 2011 in connection with the Staff's ongoing inquiry regarding the continued listing of the Company's securities on Nasdaq, provides an additional basis for delisting the Company's common stock. The Staff's additional determination is based upon the authority granted to Nasdaq under Listing Rule 5250(a).

The Company has been diligently working to provide the information requested by the Staff and, to that end, submitted the requested information on September 30, 2011.

As previously reported, the Nasdaq Staff issued a determination letter on September 1, 2011, stating that the continued listing of the Company's common stock was no longer warranted pursuant to Listing Rule 5101 based upon certain circumstances surrounding the resignation of the Company's independent auditor, MSCM LLP, as well as the circumstances surrounding the resignations of certain of the Company's directors. In addition, the Staff determined that Company's failure to timely file with the SEC the Form 20-F for the year ended December 31, 2010, as required by Listing Rule 5250(c), constituted a separate basis for delisting.

HENYANG, China, September 27, 2011 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR, "A-Power" or the "Company"), a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that it has been advised by The Nasdaq Stock Market LLC that the current trading halt for its common shares will be converted to a suspension today, Monday, September 26, 2011.

As a result, the Company expects that its common shares will become eligible today for quotes and trading in the OTC Pink Limited Information tier of OTC Markets Group Inc.

SHENYANG, China, September 6, 2011 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) ("A-Power" or the "Company"), a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that on September 1, 2011, it received a determination letter from the Staff of The Nasdaq Stock Market LLC ("Nasdaq").

The Nasdaq Staff indicated in its letter that the continued listing of the Company's securities on Nasdaq is no longer warranted based on certain circumstances surrounding the resignation of the Company's independent auditor, MSCM LLP ("MSCM"), on June 26, 2011, as well as the circumstances surrounding the Company's recent director resignations. The Staff's determination is based on the authority granted to Nasdaq under Listing Rule 5101.

In addition, the Staff determined that Company's failure to timely file with the SEC the Form 20-F for the year ended December 31, 2010 (the "Form 20-F"), as required by Listing Rule 5250(c), constitutes a separate basis for delisting.

Accordingly, unless the Company requests a hearing before a Nasdaq Listing Qualifications Panel by September 8, 2011, its securities would become subject to suspension followed by delisting. The Company's securities are presently in a trading halt.

The Company intends to timely request a hearing before the Panel, at which it will respond to the concerns raised by the Staff and request continued listing pending the filing of its Form 20-F. As part of the request to the Nasdaq Hearings Department, the Company will also request that any suspension of the Company's securities be stayed at least until the Panel renders its determination following the hearing. In the event that the Panel does not grant this request and the Company's securities are suspended in advance of the hearing, the Company's securities would become eligible for trading in the over-the-counter market. Notwithstanding, the hearing would go forward and the Panel would have the ability to terminate the suspension and reinstate trading on Nasdaq, if so inclined based on the information provided at the hearing. There can, however, be no assurance that the Panel will grant the Company's request for continued listing.

SHENYANG, China, August 18, 2011 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) ("A-Power" or the "Company"), a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that it was notified recently by the staff of the U.S. Securities and Exchange Commission ("SEC") that the SEC has initiated a formal, nonpublic investigation into whether the Company or any of its personnel violated the federal securities laws.

On August 17, 2011, the SEC served the Company with a subpoena for documents in connection with its investigation. The Company is committed to cooperating with the SEC. The Company cannot predict the timing or outcome of the investigation. The SEC has informed the Company that the investigation should not be construed as an indication that any violations of law have occurred.