ABB stands out in 2006 "China Top 100 Electric Companies"

Beijing, Sept 2, 2006 - ABB, the leading power and automation technology group, became the top winner at the unveiling of the 7th "China Top 100 Electric companies" today, with as many as 10 ABB local companies appearing in the list.

	ABB Xiamen Switchgear Co. Ltd receives the award

The ranking was conducted by China's influential industry magazine Electric Age, based on 2005 revenue figures recorded by the China's official statistics organization.

The 10 ABB companies include ABB Xiamen Switchgear Co. Ltd, ABB's first local JV established in 1992, and its biggest so far. Besides, there are ABB High Voltage Switchgear Co. Ltd., Beijing; Bejing ABB Drive Co. Ltd., ABB Chongqing Transformer Co. Ltd, ABB Engineering (Shanghai) Ltd. etc.

The organizer also issued three single awards. Among the top 10 companies awarded for Strength, there was ABB Xiamen Switchgear Co. Ltd, with a total revenue of 2.554 billion yuan and a long lasting leading position in the industry. ABB Zhongshan Transformers Co. Ltd., won the Award for Growth with over 60% growth rate in 2005, and ABB Xinhui Low Voltage Switchgear Co. Ltd. got the Innovation Award for its outstanding R&D breakthroughs which have brought great benefits to customers in China and other countries.

"ABB has been developing fast to support the needs of China' urbanization and industrialization. I am proud that ABB is a solid contributor "said Peter Leupp, chairman and president of ABB China.

Leupp said, "As an early bird in China, ABB has invested in 25 local companies here. In the recent years, we focused on expanding and upgrading all our facilities to make sure they represent the best quality in both China and the world."

He said that ABB cares more about how its companies do business rather than how much they earn. "Our companies have passed the highest international and local standards for quality and environment, and we have achieved close relationship with our Chinese partners in making our joint ventures successful. Our companies proved to be good corporate citizens in the cities where they operate," he said.

ABB Xiamen Low Voltage Equipment Co. Ltd. receives the award

ABB focuses on serving utilities and industry customers including metal, oil and chemical, automotive, paper making, mine and oil fields, transportation, etc. Among the key projects contributed by ABB in China, there are the 3 Gorges, the south to north water diversion, the Qinghai-Tibet Railway, the Beijing Olympic Games projects, metro projects in Guangzhou, Beijing, Shenzhen, etc.

The list of the 10 ABB companies entering China electric top 100:

1. ABB Xiamen Switchgear Co. Ltd.
2. ABB High Voltage Switchgear Co. Ltd. Beijing
3. Bejing ABB Drive Co. Ltd.
4. ABB Chongqing Transformer Co. Ltd.
5. ABB Engineering (Shanghai) Ltd.
6. ABB Xiamen Low Voltage Equipment Co. Ltd.
7. ABB Hefei Transformer Co. Ltd.
8. ABB Zhongshan Transformers Co. Ltd.
9. Shanghai ABB Motors Co. Ltd.
10. ABB Xinhui Low Voltage Switchgear Co. Ltd.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impacts. The ABB Group of companies operates in around 100 countries and employs about 107,000 people worldwide. ABB has a full range of business activities in China, including manufacturing, R&D, sales and service, with 10,000 employees, 25 joint ventures and wholly owned companies, and an extensive sales and service network across 30 cities. To know more about ABB, visit www.abb.com.cn.