Harbin Electric to Hold 2008 Annual Shareholder's Meeting

HARBIN, China, Aug. 28, 2008 - Harbin Electric, Inc. ('Harbin Electric' or the 'Company'; Nasdaq: HRBN), a leading developer and manufacturer of a wide range of electric motors, will hold its annual meeting of shareholders at 8:30 AM (local time) on September 26, 2008 in Shanghai, China at the following address:

  Shanghai Marriott Hotel Hongqiao
  2270 Hong-Qiao Road
  Shanghai, 200336
  People's Republic of China

Shareholders of record at the close of business on August 18, 2008 are entitled to attend Harbin Electric's Annual Meeting and vote their shares. For more information or to register, please contact:

   Christy Shue
   Harbin Electric, Inc.
   cshue@harbinelectric.com
   Phone: 631-312-8612

  Or

   Amy Shi
   Harbin Electric, Inc.
   ashi@harbinelectric.com
   Phone: 0086-451-8611-6787