Founded by James Jun Wang, a former executive at Honeywell China, SmartHeat Inc. ( www.smartheatinc.com) is a U.S. company with its primary operations in China. SmartHeat is a market leader in China's clean technology energy savings industry. SmartHeat manufactures heat exchangers, custom plate heat exchanger units (PHE Units), heat meters and heat pumps. SmartHeat's products directly address air pollution problems in China where massive coal burning for cooking and heating is the only source of economical heat energy in China. With broad product applications, SmartHeat's products significantly reduce heating costs, increase energy use and reduce air pollution. SmartHeat's customers include global Fortune 500 companies, municipalities and industrial/residential users. China's heat transfer market is currently estimated at approximately $2.4 billion with double-digit annual growth according to the China Heating Association.Safe Harbor Statement
NASDAQ Hearings Panel Denies SmartHeat Appeal Of NASDAQ Delisting Determination; SmartHeat Intends To Appeal To NASDAQ Listing And Hearing Review Council
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