China Wind Systems, Inc. Appoints Chief Financial Officer

WUXI, China, Dec. 15 /PRNewswire-Asia-FirstCall/ — China Wind Systems,
Inc. (OTC Bulletin Board: CWSI) (“China Wind Systems” or the “Company”), which
supplies forged rolled rings to the wind power and other industries and
industrial equipment to the textile and energy industries in China, today
announced that it has appointed Mr. Leo Wang as its chief financial officer,
effective December 11, 2008. Mr. Wang replaces Mr. Adam Wasserman, who will
continue his employment with China Wind Systems as vice president of financial

Mr. Wang was the Company’s senior vice president of finance from August
2008 until December 11, 2008. He has been the principal of Cambridge Invest,
a New York-based investment advisory firm specializing in China, since January
2004. He also served as the chief financial officer of Renhuang
Pharmaceuticals, Inc. from July to September 2006. Prior to 2004, Mr. Wang
held positions at Global Guardian Group (a New York-based hedge fund) and
Fleet Boston Financial Corp. (now merged with Bank of America). Mr. Wang holds
an MBA in finance from Massachusetts Institute of Technology and a PhD in
economics from University of Oslo. He was also a Norwegian Science Foundation
scholar at Harvard University.

“During Mr. Wang’s tenure as senior vice president, finance, he made
exceptional contributions to the Company, especially in the area of
communicating with the financial community, and we are pleased that he has
accepted the offer to become our CFO. We are confident that Mr. Wang’s
background and expertise in the area of finance and capital markets will
enhance our communication with investors and benefit our strategic growth
initiatives as we become an important player in the Chinese wind power
industry,” said Mr. Jianhua Wu, CEO and chairman of China Wind Systems.

Commenting on his appointment, Mr. Wang stated, “I look forward to serving
China Wind Systems as CFO, particularly during this critical time when the
Company is effectively making the transition into the growing wind-power
industry with the production of forged products at our new facility. I am
dedicated to the success of the Company and to increasing the quality and
frequency of our communication with the investment community.”

About China Wind Systems, Inc.

China Wind Systems supplies forged rolled rings to the wind power and
other industries and industrial equipment to the textile and energy industries
in China. With its newly finished state-of-the-art production facility, the
Company is expected soon to significantly increase its shipment of
high-precision rolled rings and other essential components primarily to the
wind power and other industries. For more information on the Company, visit . Information on the Company’s Web site or any
other Web site does not constitute a portion of this release.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the
business of the Company and its subsidiary companies. These forward-looking
statements are often identified by the use of forward-looking terminology such
as “believes, expects” or similar expressions. Such forward looking statements
involve known and unknown risks and uncertainties that may cause actual
results to be materially different from those described herein as anticipated,
believed, estimated or expected. Investors should not place undue reliance on
these forward-looking statements, which speak only as of the date of this
press release. The Company’s actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company’s periodic reports that are
filed with the Securities and Exchange Commission and available on its website
( All forward-looking statements attributable to the Company or
to persons acting on its behalf are expressly qualified in their entirety by
these factors other than as required under the securities laws. The Company
does not assume a duty to update these forward-looking statements.

    For more information, please contact:

    Company Contact:
     Mr. Leo Wang
     Chief Financial Officer
     China Wind Systems, Inc.
     Tel:     +1-917-455-7735

    Investor Relations Contact:
     Mr. Crocker Coulson
     CCG Investor Relations
     Tel:     +1-646-213-1915 (NY Office)


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