Harbin Electric Schedules Conference Call to Discuss Second Quarter 2008 Earnings on August 11, 2008

HARBIN, China, Aug. 1, 2008 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ('Harbin Electric' or the 'Company'; Nasdaq: HRBN), a leading developer and manufacturer of a wide range of electric motors, today announced that it will host a conference call to discuss the second quarter financial results at 8:30 a.m. ET on Monday, August 11, 2008. 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 second quarter earnings 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:    10-800-713-0755
  South China:    10-800-130-0724

  The conference ID for the call is 58805324.

A replay of the call will be available beginning at 9:30 a.m. ET on August 11, 2008 and will remain available through midnight on August 18, 2008.

  To access the replay, please dial any of the following numbers:

  USA:            1-800-642-1687
  International:  +1-706-645-9291

  Passcode is 58805324.

This conference call will be broadcast live over the Internet. To listen to the live webcast, go to http://www.harbinelecttic.com/ and click on 'Harbin Electric Q2 2008 Earnings 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. Our major product lines include linear motors, automobile specialty micro-motors, and industrial rotary motors. Our 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 metallurgical and mining industry.

Harbin Electric has built a strong research and development capability by recruiting talent worldwide and through collaborations with top scientific institutions. We own numerous patents in China and have developed award-winning products for our customers. Through our U.S. and China-based subsidiaries, we operate three manufacturing facilities in China located in Harbin, Shanghai, and Weihai, with the Shanghai facility currently under construction. We have approximately 2,200 employees including employees at our newly acquired company Hengda Electric Motor Co. Ltd. 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 is transitioning into an industrial base, Harbin Electric is aspired to be a pioneer leading the Chinese industrialization and technology transformation in the manufacturing sector. To learn more about Harbin Electric, visit http://www.harbinelectric.com/ .