Sinoenergy Corporation Rang Closing Bell at Nasdaq

Sinoenergy Corporation, a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of retail CNG filling stations in the People’s Republic of China, today announced that the Company’s management rang the closing bell at the Nasdaq MarketSite on Friday, October 17, 2008 to celebrate the Company’s listing on The Nasdaq Capital Market.

“Ringing the closing bell at Nasdaq was an important milestone for us. It was a tribute to the hard work of our employees, our loyal and growing customer base, and our ongoing efforts to expand our presence in the field of alternative energy while creating long-term shareholder value,” said Mr. Bo Huang, CEO of Sinoenergy Corporation. “The Nasdaq is an internationally renowned stock exchange. Having our shares listed on the Nasdaq has raised our company’s profile in the investment community and expanded our investor base. Over time, we hope to realize increased liquidity and a market valuation of our shares that better reflects the true value of our company. It was a pleasure and an honor to ring the closing bell.”