03:42 PM EST - Hanwei Energy Services Corp. : announced that it has received a payment of Rmb70 million ($10.6 million) from its wind farm customers. The Company had previously received a payment of Rmb79 million ($12.0 million) in December 2010. The Company had an outstanding accounts receivable of Rmb180 million ($27.5M) due from its wind farm customers and the amount was fully written down as of March 31, 2010. Hanwei will continue its efforts to collect the remainder of the outstanding receivable from the wind farm customers. Hanwei Energy Services Corp.
shares T.HE are trading down $0.04 at $0.31.
