China Power Equipment to Present at Rodman & Renshaw Conference in Beijing on March 8, 2010

March 2, 2010

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China Power Equipment to Present at Rodman & Renshaw Conference in Beijing on March 8, 2010

XI'AN, China, March 2 -- China Power Equipment, Inc. ("China Power Equipment", OTC Bulletin Board: CPQQ), the manufacturer of a new generation of energy saving electric transformer cores and transformers in the People's Republic of China, today announced that it will participate in the Rodman & Renshaw investment conference on March 8, 2010 in Beijing.

  Conference:        Rodman & Renshaw Annual China Investment Conference

  Event:             Company presentation, answers to questions, and smaller

  Date:              Monday, March 8, 2010

  Presentation time: 4:05 p.m. to 4:25 p.m.

  Location:          Diamond Room 3 in The Regent Hotel,
                     99 Jinbao Street, Beijing, China

  Participants:      Mr. Yongxing (Henry) Song, Chairman, President, and CEO
                     Ms. Yarong (Lillian) Feng, Director and Vice General
                     Ms. Elaine Zhao, Chief Financial Officer

China Power Equipment will present the company's strategy, products, market, and financial results during the presentation. Mr. Song, Ms. Feng, and Ms. Zhao will answer questions during the presentation and at smaller meetings. Investors interested in attending the Rodman & Renshaw event should contact their Rodman & Renshaw sales representative. For more about the conference, please visit .

About China Power Equipment, Inc.

China Power Equipment, Inc., through its wholly-owned subsidiary, Xi'an Amorphous Zhongxi Co., Ltd., has developed a proprietary patented technology to produce a new generation of energy saving electricity transformers and transformer cores. The company currently manufactures 59 models of transformers in four product series that are sold throughout China. The company was formed in 2006 as a U.S. corporation, and in November 2006, created a Chinese subsidiary that was granted a license as a privately held wholly owned foreign enterprise by the Chinese government.

Safe harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.

The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to sustain our previous levels of profitability including on account of our ability to manage growth, intense competition, wage increases in China, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, our ability to successfully complete and integrate potential acquisitions, withdrawal of governmental fiscal incentives, political instability and regional conflicts, and legal restrictions on raising capital or acquiring companies outside China.

Additional risks that could affect our future operating results are more fully described in our filings with United States Securities and Exchange Commission. These filings are available at .

We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by or on our behalf except as required by law.

For more information on China Power Equipment please visit our website at .

  For more information, please contact:

   Mr. Yuanyuan Chen (English and Chinese)
   Mobile: +86-139-2337-7882 in Beijing

   Mr. Tom Myers (English)
   Mobile: +86-139-1141-3520 in Beijing

   Ms. Kathy Li (English and Chinese)
   Phone:  +1-212-618-1978 in the USA

Source: China Power Equipment, Inc.

CONTACT:  Christensen - Mr. Yuanyuan Chen (English and Chinese), mobile,
+86-139-2337-7882 in Beijing, or; Mr. Tom Myers
(English), mobile, +86-139-1141-3520 in Beijing, or;
Ms. Kathy Li (English and Chinese), +1-212-618-1978 in the USA, or

Web Site:


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