Hanwei Energy Services Announces Results of Annual General Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Hanwei Energy Services Corp. (TSX:HE) ("Hanwei" or the "Company"), held its Annual General Meeting of Shareholders (the "Meeting") in Vancouver, British Columbia on August 29, 2011. During the course of the Meeting, all proposed resolutions were approved including: the appointment of auditors for the Company; the continuation of the deferred share unit plan of the Company; and the election of directors.

The shareholders elected Malcolm Clay, Fulai Lang, Graham Kwan, William Paine, Randall Smallbone and Joanne Yan to serve as directors of the Company. As of the close of the Meeting, the Company's board is constituted of a majority of independent directors, namely Malcolm Clay, William Paine, Randall Smallbone and Joanne Yan.

At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, the following individuals were re-appointed as officers of the Company: (a) Fulai Lang as Chairman of the Board, President and Chief Executive Officer, (b) Yucai (Rick) Huang as Chief Financial Officer, (c) Graham Kwan as Executive Vice President, Strategic Development and Corporate Affairs, and Corporate Secretary (d) Huiping Hu, Chief Operating Officer.

The Board of Directors also re-appointed Joanne Yan as Lead Director and reconstituted its standing board committees. The Audit Committee is comprised of Randall Smallbone (Chair), Malcolm Clay and Joanne Yan, all independent directors. The Compensation/Corporate Governance Committee is comprised of Malcolm Clay (Chair), Fulai Lang, Joanne Yan, William Paine and Randall Smallbone, a majority of independent directors. The Disclosure Committee is comprised of, Fulai Lang (Chair), Yucai (Rick) Huang, Huiping Hu and Graham Kwan.

About Hanwei Energy Services Corp.

Hanwei Energy Services Corp. is the leading Chinese manufacturer of high pressure, fiberglass reinforced plastic ("FRP") pipe products and associated technologies and services for the international oil and gas infrastructure industries. Hanwei serves major energy customers in the Chinese and global energy markets.