Harbin Electric to Present at SIG Second Annual Beijing Management Summit

HARBIN, China, Sept. 5, 2008 - Harbin Electric, Inc. ('Harbin Electric' or the 'Company'; Nasdaq: HRBN), a leading developer and manufacturer of a wide array of electric motors, will participate in the SIG Second Annual Beijing Management Summit to be held on September 10-12, 2008 at the Grand Hyatt Hotel in Beijing, China.

The Company will present the business overview including core businesses, competitive strengths, and key growth strategies at the Grand Salon III from 10:55 a.m. to 11:25 a.m. local time. Mr. Tianfu Yang, Harbin Electric's Chairman and Chief Executive Officer and Ms. Christy Shue, Executive Vice President of Finance and Investor Relations will be available to answer investor questions after the presentation and at one-on-one meetings.

For more information about the conference, please visit http://www.sig.com/ .

SIG (Susquehanna International Group) Second Annual Beijing Management Summit is a two-and-a-half-day conference that brings together executives from public and private companies based in China and other emerging Asian economies. The event will showcase leading companies in the Chinese consumer, health care, Internet, and technology sectors, as well as companies in the global business services sector. The event format will consist of one-on-one meetings and company presentations.