CHANGSHA, China, Nov. 3 /PRNewswire-Asia-FirstCall/ -- Tongxin International Ltd. (Nasdaq: TXIC), a China-based manufacturer of engineered vehicle body structures ("EVBS") and stamped parts for the commercial automotive industry, today announced that its 2009 Annual Stockholders Meeting ("2009 Annual Meeting") will be held at 9:00 a.m. China Standard time on Friday, December 4, 2009. Investors have the option of attending the meeting in China, or joining a teleconference call.
Event: Tongxin International 2009 Shareholders Meeting
Date: December 4, 2009
Location: Shanghai Pudong Hotel, China
100 Changliu Road
Lianyang District, Pudong
Shanghai, 200134 China
Dial In: 1-909-502-9006 (enter 801, wait for prompt then enter 108)
Stockholders of record as of the close of business on November 2, 2009 are entitled to notice of the 2009 Annual Meeting. The Company will transact any matters that properly come before the Annual Meeting or any adjournments thereof. An agenda of items to address during the meeting is below.
Item 1: Outlook Chinese and Global Automotive Markets in 2010-2012
Item 2: Outlook for Government stimulus programs and impact in the China
Automotive for 2010-2012
Item 3: Other matters brought to the attention of the board.
For additional information on the shareholders meeting including travel arrangements, please contact Tongxin representatives listed at the close of this press release.
About Tongxin International Ltd.
Tongxin International Ltd., the largest independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. The Company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Tongxin maintains a network of 130 customers throughout 20 provinces in China. Headquartered in Changsha, Tongxin also maintains regional manufacturing in Dali, Ziyang and Zhucheng.
FORWARD LOOKING STATEMENTS
Statements contained in this press release, which are not historical fact, constitute "Forward-Looking Statements." Actual results may differ materially due to numerous important factors that are described in Tongxin International's most recent report to the SEC on Form 6-K, which may be revised or supplemented in subsequent reports to the SEC. Such factors include, among others, the cost and timing of implementing restructuring actions, the Company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Tongxin International does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
For more information, please contact:
COMPANY:
Mr. Rudy Wilson, CEO
Tel: +1-248-593-8330
Email: rudy@txicint.com
Ms. Jackie Chang, CFO
Tel: +1-626-660-7117
China: +86-134-6755-3808
Email: jackie@txicint.com
Web: http://www.txicint.com
INVESTOR RELATIONS:
John Mattio, SVP
HC International, Inc.
Tel: +1-914-669-5340 (U.S.)
Email: john.mattio@hcinternational.net
Web: http://www.hcinternational.net
