Wonder Auto Announces Reporting Date for 2009 Financial Results
JINZHOU CITY,
Technology, Inc. (Nasdaq: WATG) (“Wonder Auto” or the “Company”), a leading
manufacturer of automotive electric parts, suspension products and engine
components in
present its financial results and announce earning call for the year ended
Time, or
There will be a question and answer session after the presentation. Mr.
Based on current information, the Company expects its full year 2009
financial results to exceed its previous guidance of US
revenue and US
commented that, “Along with the exciting performance of 2009, at the moment,
the subsidiaries of the Company are expanding their capacity and upgrading
manufacturing processes in order to fulfill the increasing customer demand.
Therefore, the Company remains positive on its market outlook for 2010 and
expects a better performance for its first quarter 2010.”
To participate, please call the following numbers five minutes prior to
the start of the call.
International Toll Free Dial-in Number(s):
Phone number: +1 8662421388 (United States)
Phone number: +852 800968831 (Hong Kong)
Phone number: +86 10 8002640084 (China, China Telecom)
Phone number: +86 10 8006400084 (China, NetCom Users)
Phone number: +44 08082347860 (United Kingdom)
Conference ID: 54026566
Investors can also listen to the conference call in real time by visiting
http://www.watg.cn , To access the listen-only audio webcast, visit the Wonder
Auto website at http://www.watg.cn , and select the webcast link from the home
page.
About Wonder Auto
Based in Jinzhou City,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ranked second and third in sales revenue in the Chinese market for
automobile alternators and starters in 2008, respectively. Wonder Auto’s
products are used in a wide range of passenger and commercial automobiles with
special focus on the fast-growing small- to medium-engine passenger vehicle
market. For more information, please log on http://www.watg.cn .
Safe Harbor Statement
This press release may include certain statements that are not
descriptions of historical facts, but are forward-looking statements. Such
statements include, among others, those concerning our expected 2009 financial
results, our expected financial performance in 2010 and future strategic and
operational plans, our future operating results, our expectations regarding
the market for our products, our expectations regarding the continued growth
of the automobile market, as well as all assumptions, expectations,
predictions, intentions or beliefs about our relative strength and about
future events. Forward-looking statements can be identified by the use of
forward-looking terminology such as “will,” “believe,” “expect,” “may,”
“should,” “potential,” “continue,” “anticipate,” “future,” “intend,” “plan,”
“believe,” “is/are likely to,” “estimate” or similar expressions. Such
information is based upon assumptions and expectations of our management that
were reasonable when made but may prove to be incorrect. All of such
assumptions and expectations are inherently subject to uncertainties and
contingencies beyond our control and based upon premises with respect to
future business decisions, which are subject to change. We do not undertake to
update the forward-looking statements contained in this press release, except
as required under applicable law. For a description of the risks and
uncertainties that may cause actual results to differ from the forward-looking
statements contained in this press release, see our most recent Annual Report
on Form 10-K filed with the Securities and Exchange Commission (“SEC”), and
our subsequent SEC filings. Copies of filings made with the SEC are available
through the SEC’s electronic data gathering analysis retrieval system at
http://www.sec.gov . All information provided in this press release and in the
attachments is as of the date of this press release.
For more information, please contact:
Patrick Sun
Investor Relations Manager
Tel: +86-10-8478-5339
Cell: +86-153-1161-1742
Email: ir@watg.cn
SOURCE Wonder Auto Technology, Inc.