IE 11 is not supported. For an optimal experience visit our site on another browser.

Harbin Electric to go Private; Publishes Stock Review

/ Source: GlobeNewswire

DALLAS, June 21, 2011 (GLOBE NEWSWIRE) -- announces an investment report featuring China small-cap stock Harbin Electric Inc. (Nasdaq:HRBN). The report includes the company's most recent news, its financial position, as well as developments you need to know to make an educated investment decision.

The full report is available at:

Harbin Electric Inc. (HRBN) develops and manufactures a wide array of electric motors with a focus on innovative, customized and value-added products. Its major product lines include industrial rotary motors, linear motors and specialty micro-motors. The Company's products are purchased by a broad range of domestic and international customers, including those involved in the energy industry, factory automation, food processing, packaging, transportation, automobile, medical devices, machinery and tool manufacturing, chemical, petrochemical, as well as in the metallurgical and mining industries. The Company operates four manufacturing facilities in China located in Xi'an, Weihai, Harbin, and Shanghai.

This newsletter has been helping traders make great investment decisions on HRBN; click here for a 25% discount offer.

In the report, the analyst notes:

"Shares of the Chinese electric motor maker soared as much as 73% yesterday following news the company has agreed to be bought by its chairman and CEO and a private equity fund for $24 a share in cash, offering a premium of 186% on HRBN's share price at the end of last week. The deal, which values HRBN at close to $750 million, will result in the Company going private."

"The Company's stock fell to a new 52-week low on Thursday after Citron Research raised concerns about the go-private deal."

To read the entire report visit:

See what investors are saying about HRBN at

Get breaking news on HRBN at is a small-cap research and investment commentary provider. strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: Disclosure is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. is a Web site wholly owned by BlueWave Advisors, LLC. Neither nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site,, for complete risks and disclosures.

CONTACT: Jay Geller 1-888-307-2850