A-Power is Approved for Listing on the NASDAQ Stock Exchange and is Scheduled to Ring the Opening Bell.

SHENYANG, China -- A-Power Energy Generation Systems, Ltd. (OTCBB:CSCA) (OTCBB:CSCAW) (OTCBB:CSCAU) ("A-Power"), announced today that it has been approved for listing on the NASDAQ Stock Exchange.

On January 22, 2008, A-Power, successor to Chardan South China Acquisition Corporation, will begin trading on the NASDAQ Capital Market. The symbol for its common stock will change from CSCA to APWR, its warrants will change from CSCAW to APWRW, and its units will change from CSCAU to APWRU. A-Power's Nasdaq takes place following the closing of its acquisition of all of the issued and outstanding stock of Head Dragon Holdings, Ltd., the owner of the Liaoning GaoKe Energy Group, a PRC-based developer of distributed power generation systems and other alternative energy systems. A-Power's acquisition of GaoKe is expected to close later today after stockholders approved the transaction yesterday with more than 6 million votes in favor and none opposed.

Mr. Jinxiang Lu, A-Power's Chairman and CEO, commented, "The NASDAQ listing will be a significant milestone for A-Power and will provide increased visibility for our successful growth story. In addition, we expect that this listing will improve the liquidity of our shares, as many institutional investors who are restricted from buying stock in bulletin board companies are now able to invest in our company."

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, about A-Power and GaoKe. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of A-Power's and GaoKe's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which GaoKe is engaged; cessation or changes in government incentive programs: potential trade barriers affecting international expansion; fluctuations in customer demand; management of rapid growth and transitions to new markets; intensity of competition from or introduction of new and superior products by other providers of distributed power generation and other energy generation technology; timing, approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks detailed in A-Power's filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Neither A-Power nor GaoKe assumes any obligation to update the information contained in this press release.