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JST JOST Werke SE

42.40
0.00 (0.00%)
06:32:01 - Realtime Data
Share Name Share Symbol Market Type
JOST Werke SE TG:JST Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 42.40 41.95 42.50 0.00 06:32:01

Jinpan International Named to Forbes List of Asia's Best Companies for the Third Consecutive Year

16/10/2009 2:15pm

PR Newswire (US)


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ENGLEWOOD CLIFFS, N.J., Oct. 16 /PRNewswire-FirstCall/ -- Jinpan International Ltd. (NASDAQ:JST), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment in China, today announced that the Company was named to the Forbes List of 'Asia's Best 200 Under A Billion' for the third year in a row. Companies with less than $1 billion in sales are vetted for consistent growth of both sales and profits over a three year period. Jinpan was one of 78 companies from the China/Hong Kong subset to make this prestigious list. Mr. Zhiyuan Li, Chief Executive Officer of Jinpan commented, "We are very excited to be named to the Forbes List of Asia's 200 'Best Under a Billion' for the third consecutive year. This list recognizes compelling companies with consistent sales and profit growth. Our continued inclusion in this list is a result of the hard work and dedication of our employees, partners and customers who have made this recognition possible." Additional information about the company's ranking can be found on http://www.forbes.com/. About Jinpan International Ltd. Jinpan International Ltd. (NASDAQ:JST) designs, manufactures, and markets cast resin transformers for power distribution and wind energy products. Jinpan's cast resin transformers allow high voltage transmissions of electricity to be distributed to various locations in lower, more usable voltages. The Company has obtained ISO9001 and ISO1401 certifications of its cast resin transformers. Its principal executive offices are located in Hainan, China and its U.S. headquarters is based in Englewood Cliffs, New Jersey. Safe Harbor Provision Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission. DATASOURCE: Jinpan International Ltd. CONTACT: Investors, Mark Du, Chief Financial Officer, Jinpan International Ltd., +1-201-227-0680; China, Yuening Jiang, +86 10 6599 7965, U.S., Brian M. Prenoveau, CFA, +1-203-682-8200, both of ICR, Inc. Web Site: http://www.forbes.com/fdc/welcome_mjx.shtml

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