GC China Turbine Corp. (GCHT)

[ErnieBilco]

Feb 24, 2012 news

GC China Turbine Announces the Resignation of Chief Financial Officer Chen Guijun and Director Marcus Laun, and the Appointme...
GC China Turbine Corporation ("GC China" or the "Company") (OTCBB: GCHT) today announced that Mr. Chen Guijun resigned as the Company's Chief Financial Officer on February 22, 2012 and Mr. Marcus Laun resigned as a member of the Company's Board of Directors, effective as of February 17, 2012.

"I would like to thank Mr. Chen Guijun for serving as the Company's Chief Financial Officer for the past nine months and for his wisdom and guidance, and I would also like to thank Mr. Marcus Laun for serving as a member of the board of directors of the Company for his contributions," said Mr. Hou Tiexin, Chairman of the Company. "We will miss Mr. Chen Guijun and Mr. Marcus Laun and wish them the best in their futures."

The Company also announced the appointment of Mr. Gong Maosheng as Interim Chief Financial Officer effective as of February 22, 2012. An accountant by training, Mr. Gong currently works for the Company's wholly-owned subsidiary, Wuhan Guoce Nordic New Energy Co., Ltd., where he provides financial and accounting expertise.

About GC China Turbine Corp.

GC China is a manufacturer of state-of-the-art 2-blade and 3-blade wind turbines based in Wuhan City of Hubei Province, China. The Company holds a license to manufacture what it believes is a groundbreaking technology which meets rigorous requirements for low-cost and high reliability. For more information visit: www.gcchinaturbine.com