NEW YORK, May 16, 2012 /PRNewswire/ -- Gushan Environmental
Energy Limited ("Gushan" or the "Company"; NYSE: GU), a producer of
biodiesel and a manufacturer of copper products in China, today announced that its Annual Report
on Form 20-F, which includes its audited financial statements for
its fiscal year ended December 31, 2011 ("Form 20-F"), has
been filed with the U.S. Securities and Exchange Commission on
May 15, 2012. The Form 20-F has been
posted on the Company's website at http://www.chinagushan.com/en/,
under the "Investor Relations" section and is also available online
at http://www.sec.gov.
Shareholders may receive a hard copy of the Company's complete
audited financial statements for the year ended December 31,
2011, free of charge upon request by contacting +852-2587 7212 by
telephone or ir@chinagushan.com via e-mail.
About Gushan Environmental Energy Limited
Gushan operates a copper products business in China that manufactures copper rods, copper
wires, copper granules and copper plates primarily from recycled
copper. Currently, Gushan's copper products business has two
production facilities, with an aggregate daily production capacity
of approximately 210 tons of recycled copper products. Gushan
also produces biodiesel, a renewable, clean-burning and
biodegradable fuel and a raw material used to produce chemical
products, primarily from used cooking oil, and by-products from
biodiesel production, including glycerine and plant asphalt. Gushan
sells biodiesel directly to users, such as marine vessel operators
and chemical factories, as well as to petroleum wholesalers and
individual retail gas stations. The Company has seven production
facilities, located in the Sichuan, Hebei, Fujian
and Hunan provinces and in
Beijing, Shanghai and Chongqing, with a combined annual production
capacity of 490,000 tons. Currently, only Gushan's Sichuan production facility is in
operation.
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 press
release 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 ("SEC"), including on Form 20-F. 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
|
|
Asia
|
Elizabeth
Cheek
|
|
Rico
Ngai
|
Hill &
Knowlton (New York)
|
|
Hill &
Knowlton (Hong Kong)
|
Tel: (1)
212 885 0682
|
|
Tel: (852)
2894 6204
|
Email:
elizabeth.cheek@hillandknowlton.com
|
|
Email:
rico.ngai@hillandknowlton.com.hk
|
SOURCE Gushan Environmental Energy Limited