China Wind Systems, Inc. (Nasdaq: CWS), ("China Wind Systems" or the "Company"), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, today announced that on January 12, 2011, the Company engaged Shanghai KRC Business Consulting Co., Ltd. ("KRC") to assist the Company in preparing for the compliance of the internal control over financial reporting requirements of Article 404 of the Sarbanes-Oxley Act ("SOX 404").
KRC's SOX compliance service team will assist China Wind Systems to meet the requirements of SOX 404. KRC's blend of international experience and local knowledge provides the support and counseling to prepare a SOX 404 compliance program, evaluate and document new procedures for the Company's internal controls and make recommendations to manage SOX 404 compliance. KRC has assisted many companies listed in the U.S. in establishing and maintaining SOX 404 compliance programs.
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