Gc China Turbine (PINK:GCHT)

Gc China Turbine Corp became an operating entity via reverse merger transaction with GC Nordic  on October 6, 2009

GC Nordic manufactures 2-bladed wind turbines in Wuhan City of Hubei Province, China. GC Nordic was founded in 2006 by certain members of GC Nordic’s management team and certain shareholders who formed Guoce Science and Technology Stock Co., Ltd.,  a leading technology provider to the Chinese utility industry. Guoce Science and Technology has a long history as a preferred provider to the utilities industry in China.

It is a producer of hydraulic systems and electronic control systems that enjoy dominant market share of approximately 40% of the hydro-electric generation industry. Originally, GC Nordic was founded as part of a strategy to expand the product offerings in a business that closely paralleled the business of Guoce Science and Technology. They seek to license and develop a groundbreaking technology in the wind energy space that would have a high likelihood of meeting requirements for low manufacturing cost and high operating standards.

Web site: http://www.gcchinaturbine.com

Last updated October 8, 2009