SOURCE: GC China Turbine Corp.

GC China Turbine Corp.

December 21, 2009 08:33 ET

GC China Turbine Achieves Accreditation by State-Level Industrial Expert Team for Long Term Development Plans

NEW YORK, NY--(Marketwire - December 21, 2009) - GC China Turbine Corp. (OTCBB: GCHT) (the "Company" or "GC China"), a leading manufacturer of state-of-the-art 2-bladed wind turbines, announced today a significant step forward by presenting and receiving approval for its proposed 10 year strategic plan offered to an accreditation panel of state-level industry experts in Wuhan, China on December 12th. The plan put forward a technology improvement program tied to a low-carbon commitment for sustainable development in conjunction with targeted financial and production goals.

The Company presented this agenda during an "Accreditation Meeting on Ten-Year Development Planning" to a panel of assessors assembled specifically for the accreditation proceedings. The group was made up of national experts and state leaders from the Chinese Academy of Engineering, National Ministry of Science & Technology, Ministry of Industry and Information, China's Sustainable Development Research Institute and National Energy Advisory Committee of Experts. The panel undertook a number of in-depth discussions on the planning proposal and adopted unanimous approval of the plan as proposed.

Most large enterprises in China, especially when working closely with multiple levels of government, develop multiyear planning strategies in order to identify local, regional, social or economic issues, to aid in consensus building and to put forward for analysis and accreditation their strategic aims to a committee of experts for approval. This system has contributed greatly towards much of the rapid industrial growth the nation has enjoyed in recent years.

During the session, the Chairman of GC China Turbine, Mr. Hou Tiexin, presented the Ten-Year Development Plan to the audience of industry assessors. He announced that the Company will spare no effort towards building itself into a "Two-Pronged" enterprise, actively implementing proposed technology improvements aimed at nurturing the wind power sector and ensuring industrial chain growth through the construction of a number of key projects both at home and abroad. Mr. Tiexin further shared on plans to develop clearly recognized brand superiority as a nationally recognized and economically successful company with a commitment to sustainable development and environmentally sound practices.

The participants at the event were vocal in their agreement that the Company was making excellent progress in the area of wind power, sustainable manufacturing and smart power grid planning for the region.

In a final statement, the Company expressed that, "In the next decade, the Company will achieve a rapid program of development based on these plans. In accordance with our aims as a resource-saving and environmentally friendly enterprise, the Company adheres to our mission of 'Producing new energy at the same cost or better than conventional energy' and to continuously improve our global efforts towards developing the lowest-cost and technologically superior 2-bladed wind turbine in order to make GC China Turbine a world leader in the sector and as a pioneering environmentally-conscious, model corporate citizen."

Additional details regarding the Company and its business, financial condition and management of GC China and related parties are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

About GC China Turbine Corp. (OTCBB: GCHT)

GC China is a leading manufacturer of state-of-the-art 2-bladed wind turbines based in Wuhan City of Hubei Province, China. The Company holds a license to manufacture a groundbreaking technology which meets rigorous requirements for low-cost and high reliability. The technology was developed through a 10 year European research project costing over US$75 million. GC China's launch product is a 1.0 megawatt ("MW") utility scale turbine with designs for a 2.5MW and 3.0MW utility scale turbine in development. The Company's initial efforts have been rewarded with contracts of approximately US$128 million to-date. For more information visit: www.gcchinaturbine.com.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD
GC China Turbine Corp.
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Marcus Laun, Director

For more information visit our website at www.gcchinaturbine.com

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