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OTC BB: WEMU

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Title: OTC BB: WEMU


1
Worldwide Energy Manufacturing USA, Inc.
  • OTC BB WEMU
  • RedChip Conference
  • March 23, 2010

2
Safe Harbor Statement
  • In making an investment decision, investors must
    rely on their own examination of the person or
    entity creating the securities and the terms of
    the offering, including the merits and risks
    involved. The securities offered hereby have not
    been recommended by any federal or state
    securities commission or regulatory authority.
    Furthermore, the foregoing authorities have not
    confirmed the accuracy or determined the adequacy
    of this document. Any representation to the
    contrary is a criminal offense. The securities
    offered hereby are subject to restrictions on
    transferability and resale and may not be
    transferred or resold except as permitted under
    the Securities Act of 1933, as amended, and the
    applicable state securities laws, pursuant to
    registration or exemption therefore. Investors
    should be aware that they will be required to
    bear the financial risks of this investment for
    an indefinite period of time.

OTC WEMU
3
Company Overview
  • Profitable Chinese based manufacturer of solar
    and electrical equipment
  • Founded in 1993
  • Owns and operates three factories in China
  • 10,000 sq. ft. warehouse in San Francisco
  • 450 employees worldwide
  • Serves the solar energy, aerospace,
    telecommunications, automotive, and electronics
    industries
  • Contract Manufacturing Division has 7 Fortune 500
    Clients
  • Based in San Francisco, CA and Shanghai, China

OTC WEMU
4
Financial Overview
  • For the 9 Months Ended in September
  • 2009 Sales of 39.2M EBITDA of 2.4M
  • 2008 Sales of 31.3M EBITDA of 1.3M
  • Double digit growth despite worst global economic
    recession since 1929
  • 226 in Deloittes 2009 Technology Fast 500
    Ranking 5-year revenue growth of 585 (CAGR of
    61.8 from 2004-2008)
  • YoY revenue growth of 25
  • YoY EBITDA growth of 85
  • Operate in expanding markets Solar division
  • Solar industry estimated 30 billion in revenues
    for 2009
  • AmeriSolar Substantial order flow and backlog
  • Started in 2008, already 78 of WEMU revenues
  • Manufacturing division
  • Current Purchasing Managers Index indicates
    expanding manufacturing spending
  • Large and expanding customer base including
    Fortune 500 clientele
  • Experienced management team

OTC WEMU
5
Operations Overview
Worldwide Energy and Manufacturing USA, Inc
Manufacturing Division
Research and Development
Solar Division
Intech Electro-Mechanical (China Operation)
Ningbo Solar Factory 60MW
Nantong Solar Factory 100MW
Shanghai Intech Electronics Factory (Detron)
Shanghai Intech Precision Machinery Co. (Die Cast
factory)
OTC WEMU
6
Solar Industry Overview
  • Global electric power industry revenues reach 1
    trillion per year
  • In 2008, global solar market totaled 29.6
    billion in revenues
  • 80.6 billion in revenues by 2018 with average
    annual growth of 27.2
  • Global photovoltaic installations increased by
    5,948 MW in 2008, up from 2,826 MW installed in
    2007, a 110 increase
  • High fuel cost and environmental issues force
    shift to clean energy
  • Solar continues to be one of the fastest growing
    sectors within the clean tech industry
  • Demand has grown approximately 30 per annum over
    the past 15 years
  • Hydrocarbon energy demand typically grows between
    0-2 per annum

OTC WEMU
7
AmeriSolar Division
  • Provides solar modules to residential,
    commercial, industrial, and public utility
    customers for clean, reliable and affordable
    solar energy
  • Substantial order flow -23 MW solar contracts
    during the past 12 months
  • Industry dynamics have extended trading cycle
    A/R (currently 60 days) and A/P (pay when paid)
    terms shifting to meet economic demands
  • Solar modules
  • Quality designations including IEC612215, TUV,
    CE, and UL certifications
  • Mono and poly crystalline modules feature two-bus
    bar cell design
  • Configuration maximizes cells light absorbing
    surface area
  • Tested utilizing calibrated solar simulator
    (ensures power, voltage and current ratings) to
    ensure consistent performance
  • Glass surface tested to solar industry standards
  • Weather-resistant frame constructed of aluminum
    alloy
  • Double oxidation coating
  • Growth strategy
  • Strengthen RD portfolio -- Increase patents in
    silicon wafer product lines, introduce thin film
    technology offering.
  • Secure long-term silicon wafer contract supplier
    in 2010

OTC WEMU
8
AmeriSolar Competitive Advantages
  • Better quality control technology
  • Local quality assurance team ensures consistent
    high quality product
  • RD focused on silicon and thin film technology
  • Improve the energy photovoltaic (EPV) technology
    for thin-film
  • Filed patents for silicon photovoltaic module
    technologies
  • Experienced RD team led by world renowned
    scientists and universities
  • Shanghai Jiao Tung University
  • Beijing Solar Energy Research Institute
  • Sales team with industry experience and ability
    to secure large contracts

OTC WEMU
9
Manufacturing Sales Distribution
  • WEMUs two primary manufacturing capacities
  • Foundry
  • Die casting components
  • Plastic injection components
  • Investment casting components
  • Sand casting components
  • Forged components
  • Machining and Stamping
  • Machining
  • Stamping
  • Extrusion

OTC WEMU
10
Contract Manufacturing
  • In addition to foundry, machining and stamping,
    WEMU also distributes other products through its
    sales network
  • Electronics
  • PC board fabrication
  • PC board assembly
  • Wire harness cable assembly
  • Coil winding assembly
  • Fiber Optic Components
  • DWDM
  • Attenuator
  • Coupler
  • Switches

OTC WEMU
11
Contract Manufacturing Customer Base
  • Manufacturing
  • Our 100 existing U.S. customers buy 60 billion
    in products that the Company has the capability
    to produce or source to China
  • Fortune 500 Customers GE, GM Shanghai, Tyco,
    Danaher, Flextronics, Smith Industries and Andrew
  • Our two acquired factories in China have
    customers where the consumption power of durable
    consumer items increased 26 annually for the
    past three years (statistics from Commerce
    Ministry of China)

OTC WEMU
12
Financial Highlights
80
60
46
11.7
8.7
11.4
Solar Solar Division
CM Contract Manufacturing
OTC WEMU
13
Financial Highlights
4,000
2,500
1,740
969
581
575
OTC WEMU
14
Financial Highlights
Balance Sheet
Income Statement
OTC WEMU
15
Management Team
  • Jimmy Wang, Chief Executive Officer
  • Mr. Wang has over twelve years experience in a
    wide range of component manufacturing. From 1996
    to the present, Mr. Wang has been President, CEO
    and director of Worldwide Energy and
    Manufacturing USA, Inc. (California). He became
    President, CEO and Chairman of the Colorado
    holding company of the same name on September 30,
    2003. From 1990 to 1995, Mr. Wang was the Sales
    Manager for MP World Manufacturing, Inc. From
    September 1993 to May 1996 Mr. Wang and Mindy
    Wang operated a sole proprietorship under the
    name Worldwide Manufacturing USA. In 1996, Mr.
    Wang incorporated Worldwide Energy and
    Manufacturing USA, Inc. In 1990, Mr. Wang earned
    a Masters Degree in Applied Economics from the
    University of Minnesota, and in 1982 received a
    Bachelors of Science Degree in Economics from the
    Shanghai Institute of Foreign Trade.
  • Jeff Watson, President
  • Mr. Watson has over 25 years of manufacturing
    experience supporting a variety of industries and
    markets. He started his career as an engineer in
    the power transmission industry with Fasco
    Gearmotors, a vertically integrated design and
    manufacturing company producing gear-motors,
    linear actuators and the supporting electronic
    controls. He held several engineering and
    managerial positions until leading the
    organization as General Manager from 1999 to
    2001. In 2001, Mr. Watson joined Joslyn Sunbank
    and led the company as President until 2008.
    Joslyn Sunbank, a division of the Danaher
    Corporation, is as leader in the design and
    manufacture of high-reliability electrical
    components and sub-systems serving Aerospace and
    Defense markets globally. Mr. Watson has grown
    the businesses that he has led through
    operational excellence and the successful
    application of Lean Manufacturing principles. He
    earned a Bachelor of Science Degree in Mechanical
    Engineering from the University of Missouri.
  • Mindy Wang, Secretary and Treasurer
  • Ms. Wang has over twelve years of accounting and
    financial management experience with Technology
    Power and Worldwide Manufacturing. From 1996 to
    the present, Ms. Wang has been Secretary and
    Treasurer of Worldwide Energy and Manufacturing
    USA, Inc. In September 1996, Ms. Wang founded,
    with her husband, of Worldwide Energy and
    Manufacturing USA, Inc. She became Secretary and
    Treasurer of the Colorado holding company of the
    same name on September 30, 2003. From 1991 to
    1993 she was an accountant with Technology Power.
    The business of Technology Power was assembling
    personal computers for retail and business
    customers. From September 1993 to May 1996 Mr.
    Wang and Mindy Wang operated a sole
    proprietorship under the name Worldwide
    Manufacturing USA. Ms. Wang earned the equivalent
    of a Bachelors Degree in International Business
    from the University of California at the Los
    Angeles Institute of Economics and Management in
    Beijing and attended the Master's program of the
    Business Education of the University of
    Minnesota. Ms. Wang is the wife of Jimmy Wang.

OTC WEMU
16
Management Team
  • Philip Zhang, Vice President Operation
  • Mr. Zhang concurrently functions as the VP of
    Operations for Worldwide U.S. headquarter, and
    the General Manager for all China operations
    since April of 2001. He is responsible for
    directing the companys manufacturing and
    supplier chain management in China. Mr. Zhang has
    many years of experience in engineering
    modification, quality and delivery control and
    production line management. From 1998-2001, he
    was founder/owner and employee of his trading
    company in San Francisco. He worked as an
    Engineer and the Supervisor in US Postal
    Service-Main facility in San Francisco,
    California from Mar 1989 to Feb.1998. He was a
    Software Engineer in Computer and Cash Register
    Co. in San Francisco, California from Jun, 1988
    to Feb, 1989. From Oct. 1982 to Mar. 1986, Mr.
    Zhang was the Assistant General Manager and
    Director at 12th Weaving Factory in Shanghai,
    China. He was responsible for manufacturing
    operations, quality assurance, RD development,
    capital expenditures and staffing responsibility.
    He attended the China Textile University in
    Shanghai and graduated with a Bachelors in
    Mechanical Engineering in 1982. He completed a
    Masters Degree in Computer Science at the San
    Francisco State University in 1988.
  • George Wang, Vice President and CEO of Solar
    Division
  • Mr. Wang has more than 10 years of manufacturing
    experiences in electronics and solar industries,
    and he joined in Worldwide Energy and
    Manufacturing USA, Inc in June, 2008. He started
    his career as an English teacher in a senior
    middle school in 1994, and four years later he
    worked as General Manager Assistant in Shanghai
    Benda Electronics. In 2006, he joined in Solarfun
    Power Holdings, one of the major players in the
    Chinese solar energy industry. He held the
    positions as Special Assistant to Chairman of the
    Board and Director of Sales and Strategic
    Accounts. He played a very active and important
    role in the process of Solarfuns IPO on NASDAQ
    and in the brand promotion of Solarfuns solar
    modules all over the world. Mr. Wang earned a
    Bachelor of English Education from Nanjing Normal
    University and a Master Degree of Law from Law
    School of Jilin University. In 2004, he finished
    his post-graduate program Comparative Legal
    Research between Chinese law and American law
    from Johns-Hopkins University in the United
    States.

OTC WEMU
17
Contact Us
Corporate Headquarters
Worldwide Energy and Manufacturing USA, Inc. (OTC
BB WEMU) Jimmy Wang, CEO E-mail
jimmyw_at_wwmusa.com Jeff Watson, President E-mail
jeffw_at_wwmusa.com 408 N. Canal St., Units
AB Phone 650-794-9888 South San Francisco,
CA 94080 Website www.wwmusa.com
OTC WEMU
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