Jiangsu Linyang Electronics Co., Ltd. Provides Earnings Guidance for the First Half Ended June 2012

Jiangsu Linyang Energy Co Ltd is a China-based company primarily engaged in the smart energy business. The Company's main business includes the research and development of intelligent power distribution products and related solutions, the development, design, investment and operation of new energy power stations, and the development of supporting energy storage products for new energy power generation. The Company's electricity meter products include three-phase smart energy meters, collectors, concentrators, electricity sales terminals and bidirectional converters. The Company is also engaged in the R&D, manufacturing and sales of monocrystalline photovoltaic modules, as well as the R&D, production and sales of light-emitting diode (LED) products. The Company's business covers domestic and overseas regions.