SHENZHEN, China, Feb. 15 /Xinhua-PRNewswire/ -- Long-E International, Inc. (Pink Sheets: LOGE), ("Long-E" or the Company"), a leading manufacturer of automotive electronic systems and components in China, announced today it has retained CCG Elite to design and execute its investor relations campaign.
Long-E's broad product line of automotive electronic systems and components includes alarm systems, reverse sensor systems and tire pressure monitoring systems. With a market size of over 6 million units per year, a majority of Long-E's revenues are derived from the sales of alarm systems featuring the Company's patented technology.
Long-E has an established and stable client network, including many
well-known enterprises. The Company's ODM customers include Dongfeng Citroen Automobile, Ltd., Dengfeng Nissan, Dengfeng Liuqi, Dongfong Peugeot, Toyota Indonesia and many others. While a majority of the Company's customers are domestic, a growing portion of the products, 25%, are manufactured for export.
"As a cost-competitive and innovative auto electronics supplier, we have positioned Long-E International to play an important role in the development of the Chinese auto industry," said Mr. Bu Shengfu, Chairman and Chief Executive Officer of Long-E International. "Our goal is to become the premier auto electronics supplier in China by leveraging our cutting-edge technology and distinctive market-leading products, appealing to both Chinese and foreign automotive manufacturers and aftermarket clients. Long-E looks forward to capitalizing on the resources of CCG Elite, which has a proven track record of helping small- to mid-sized Chinese companies increase awareness among investors, consumers and the media."
While Long-E already has a large customer base for its alarm systems, the Company is planning on ramping up production of its tire pressure monitoring systems and reverse sensor systems to achieve full utilization of its production facilities. The Company also has plans to increase international distribution by working more closely with foreign end clients and increasing its participation in international trade shows.
"We look forward to helping Long-E communicate its growth story and build shareholder value," said Crocker Coulson, President of CCG Elite. "Given the solid demand from domestic and foreign consumers for auto electronics like those made by Long-E, CCG Elite believes that the Company is poised for sustained growth well into the future."
About CCG Elite
CCG Elite is a global, full-service investor relations firm, headquartered in Los Angeles, CA with offices in New York City, Newport Beach, Calif., Dallas, Texas, Hong Kong, Beijing, Shanghai and Tel Aviv. CCG Elite as an investor relations firm is uniquely positioned to provide outsourced, high-level investor relations solution to its clients combined with an in-depth understanding of Asia's corporate culture and economic environment and parlaying their story to the leading funds and broker-dealers located in the U.S. For further information, contact CCG Elite directly, or visit the Company's Web site at http://www.ccgelite.com .
About Long-E International, Inc.
Since its establishment in 2000, Long-E's operations have focused on the development, manufacture, marketing and servicing of automotive electronic systems and components, including alarm systems, tire pressure monitoring systems, and reverse sensor systems. Long-E distributes its products to automotive manufacturers and to the aftermarket through its wholesalers and retailers. The Company's customers include Dongfeng Citroen Automobile, Ltd., Dengfeng Nissan, Dengfeng Liuqi, Dongfeng Liuzhou Automobile Co., Ltd., and Dongfong Peugeot.
Forward-Looking Statements
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these
forward-looking statements. These risk factors include changes in the laws of the PRC that may affect the Company's operations, the Company's ability to continue to develop and market new or updated products, The Company's ability to expand its presence in international markets, protection of the Company's intellectual property rights in China and in other international markets and other factors listed in the Company's 10K and other filings with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
For more information, please contact:
Long-E International, Inc.
Bu Shengfu, CEO
Tel: +86-755-3396-5188
Email: jeff@long-e.com.cn
CCG Elite Investor Relations Inc.
Mr. Crocker Coulson, President
Tel: +1-646-213-1915 (New York)
Email: crocker.coulson@ccgir.com
