Website: N/A
Stock Symbol: NASDAQ: HRBN
Market Value: N/A (in millions)
Harbin Electric, Inc. (“Harbin Electric”), through its indirect wholly-owned
subsidiary, Harbin Tech Full Electric Co., Ltd (“HTFE”), develops, engineers,
manufactures and sells a wide array of customized linear motors and other
special motors. The terms “Harbin,” “Harbin Electric,” “we,” “Company,” “us” and
“our” and similar terms refer to Harbin Electric and its subsidiaries, unless
otherwise expressly stated or the context requires otherwise.
HTFE was founded in the People’s Republic of China (the “PRC”) in April 2003. In
August 2004, the shareholders of HTFE exchanged all outstanding stock of HTFE
for stock of a newly formed Delaware corporation (“TFI”) and HTFE thereby became
a wholly-owned subsidiary of TFI.
Torch Executive Services Ltd. (“Torch”) was incorporated in the State of Nevada
in July 2003 to engage in the business of providing travel and concierge
services.