Jinpan International Named to Forbes List of Asia's Best Companies
ENGLEWOOD CLIFFS, N.J., Oct. 11 /PRNewswire-FirstCall/ -- Jinpan International Ltd (Amex: JST), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment, today announced that the Company was named to the Forbes List of 'Asia's Best 200 Under A Billion.' Forbes' annual 'Best Under A Billion' list draws from over 22,500 publicly listed outfits in Asia and the Pacific. Those 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 twenty-three companies from mainland China to make this prestigious list. Mr. Zhiyuan Li, Chief Executive Officer of Jinpan commented, "We are very pleased to be named to the Forbes List of Asia Best 200 which recognizes compelling companies with consistent sales and profit growth. As the only manufacturer of cast resin transformers from mainland China to be named to this year's list, we continue to set ourselves apart as a leader in this field. Our addition to 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 www.forbes.com About Jinpan International Ltd Jinpan International Ltd. (Amex: JST) designs, manufactures, and distributes cast resin transformers for voltage distribution equipment in China and other various countries around the world. 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 certification 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.
SOURCE Jinpan International Ltd
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