China Ruitai International Holdings Co. Reschedules First Quarter 2011 Financial Results Conference Call to 10:00 am ET on Monday May 23, 2011
FEICHENG, China, May 18, 2011 /PRNewswire-Asia-FirstCall/ — China Ruitai International Holdings Co., Ltd. (“China Ruitai”, or “the Company”) (OTC Bulletin Board: CRUI), a manufacturer and distributor of cellulose ether additives for use in the production of pharmaceuticals, construction materials, PVC products, foods and beverages and cosmetics, today announced that it would reschedule its first quarter 2011 financial results conference call to 10:00 am ET on Monday, May 23, 2011. The Company has already released its March 31, 2011 10-Q on May 16 however due to business travel of the Company’s management team, the Company has postponed its previously scheduled call, today, May 18, to Monday May 23.
Mr. Dianmin Ma, Chairman and CEO, Mr. Gang Ma, CFO and Ms. Crystal Tang, VP of Investor Relations, will host the conference call. To attend the call, please use the information below for either dial-in access or webcast access. When prompted on dial-in, ask for the “China Ruitai Call” and/or be prepared to provide the conference ID.
Date: Monday, May 23, 2011 Time: 10:00 am Eastern Time US Conference Line Dial-In (U.S.): +1-888-846-5003 International Dial-In: +1-480-629-9760 Conference ID: 4441072 "China Ruitai " Webcast: http://viavid.net/dce.aspx?sid=00008686
Please dial in at least 10-minutes before the call to ensure timely participation.
A playback of the call will be available through May 30, 2011. To listen, call 1-877-870-5176 within the United States or 1-858-384-5517 when calling internationally. Please use the replay pin number 4441072.
About China Ruitai International Holdings Co.
China Ruitai is engaged in the production and sales of processed chemicals, with a primary focus on non-ionic cellulose ether products. Cellulose ether is an organic chemical that dissolves in water and other organic solvents. Due to the surface-active properties of cellulose ether, it acts as a thickener and stabilizer in aqueous solutions, making it a beneficial additive in a wide variety of commercial industries and products, including, but not limited to the pharmaceutical industry, the construction industry, PVC products, food and beverage products, petroleum, and cosmetics. Specific examples of applications in which cellulose ether products are used include: as a stabilizer and thickener in latex paint; in mortar dry mix for building materials; to improve the performance of resin in PVC production; as a membrane reagent, stabilizer, and thickener in pharmaceuticals; and to improve jam, ice cream, toothpaste and lipsticks in the food and cosmetic industries. China Ruitai is one of the largest non-ionic cellulose ether producers in China.
This press release contains certain “forward-looking statements” that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management’s current expectations. Such factors include, but are not limited to, the Company’s ability to obtain the necessary financing to continue and expand operations, to market its products in new markets and to offer products at competitive pricing, to attract and retain management, and to integrate and maintain technical information and management information systems, political and economic factors in the PRC, compliance requirement of laws and regulations of the PRC, the effects of currency policies and fluctuations, general economic conditions and other factors detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission and other regulatory authorities. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
COMPANY Ms. Crystal Tang, VP of Finance China RuiTai International Holdings Co, Ltd 1221 Avenue of Americas Suite 4200 New York, NY 10020 Web: http://www.rutocel.com Phone: +1 212-899-5131 E-mail: email@example.com firstname.lastname@example.org INVESTOR RELATIONS: Mr. John Mattio, Senior Vice President HC International, Inc. Phone: +1 203-616-5144 Email: email@example.com Web: http://www.hcinternational.net
SOURCE China Ruitai International Holdings Co., Ltd.