Jinpan International Announces New Orders of Transformers for Renewable Energy Applications

Jinpan International Ltd. JST, a leading designer, manufacturer, and distributor of cast resin transformers, today announced that it has secured purchase orders for transformers for wind energy applications, valued at approximately US$ 5.7 million, in the month of May.  In addition, Jinpan secured purchase orders for customized transformers for polysilicon manufacturing plants, valued at approximately US$ 15.5 million, between the months of February and May. Jinpan secured OEM purchase orders for 119 units of wind energy transformers in May. The transformers are destined for a U.S. wind farm currently under development.  All 119 units are scheduled for shipment in the third quarter of 2011. The total value of these contracts is approximately US$ 5.7 million.