The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Jinpan International Limited (NasdaqGS: JST) (“Jinpan” or the “Company”) relating to the proposed buyout of the Company by Li Zhiyuan, the Company’s Chairman of the Board of Directors, and Forebright Smart Connection Technology Limited.

Under the terms of the transaction, Jinpan shareholders are anticipated to receive $4.50 in cash per share. This is the second offer from Li Zhiyuan, who joined with FNOF E&M Investment Limited to offer $8.80 per share back in September of 2014. This offer was withdrawn on December 29 of that year. Additionally, according to Yahoo! Finance, at least one Wall Street analyst has issued a price target for Jinpan stock at $8.50 per share.

The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock.

If you currently own common stock of Jinpan and believe that the proposed buyout price is too low, or you would like to learn more about the investigation being conducted by Brower Piven, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

Brower Piven, A Professional CorporationCharles J. Piven, 410-415-66161925 Old Valley RoadStevenson, Maryland 21153hoffman@browerpiven.com

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