China Wind Systems Receives Conditional Purchase Contract Worth $1M

China Wind Systems, Inc. CWS today announced that the Company was awarded a conditional purchase contract for approximately $1.0 million to supply precision manufactured subassemblies for solar cell manufacturing equipment. The purchase contract is conditional upon the successful inspection and acceptance by the customer of sample units by the end of December 2010. Upon successful inspection and acceptance of the initial components, China Wind Systems has agreed to supply initial production units for the balance of the contract during first and second quarters of 2011.