SHENZHEN, China, July 30 /PRNewswire-Asia/ -- China Electric Motor, Inc. (Nasdaq: CELM, "China Electric" or "the Company"), a Delaware corporation and China-based company that engages in the design, production, marketing and sale of micro-motor products through its subsidiary Shenzhen YuePengCheng Motor Co., Ltd. ("Shenzhen YPC"), today announced that it will hold its 2010 Annual General Meeting of Shareholders ("AGM") on Monday, August 2, 2010, at 10:00 a.m. China Standard Time. The meeting will be held at 8/F, Rm803-808, Economy and Trade Center, No.4028 JinTian Road, FuTian District, Shenzhen, Guangdong, China. Shareholders of record at the close of business on June 24, 2010 have been issued copies of the meeting notice and proxy materials.
(Logo: http://www.prnasia.com/sa/2010/03/31/20100331524605.jpg )
Shareholders who are not able to attend the meeting in person will be able to join the meeting via teleconference. The dial in numbers are: +1 866 831-6247 (US toll free); +1 617 213-8856 (US toll); + 44 207 365 8426 (UK/Europe toll); +852 3002 1672 (Hong Kong toll); or 10 800 130 0399, 10 800 852 1490 or 10 800 152 1490 (China toll free). The participant code is 24702408.
About China Electric Motor, Inc.
China Electric Motor, Inc. (Nasdaq: CELM) is a China-based company that engages in the design, production, marketing and sale of micro-motor products through its subsidiary Shenzhen YPC. The Company's products are incorporated into consumer electronics, automobiles, power tools, toys and household appliances, and are sold under its "Sunna" brandname. The Company provides micro-motor products that meet the growing demand for efficient, quiet and compact motors from manufacturers of consumer electronics, automobiles, power tools, toys and household appliances. China Electric Motor, Inc. sells its products directly to original equipment manufacturers and to distributors and resellers both domestically in the People's Republic of China and internationally to customers in Korea and Hong Kong. The Company's manufacturing facilities are located in Shenzhen, Guangdong.
Forward-looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding the progress of new product development. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including our ability to maintain and increase revenues and sales of our products, our ability to develop and market new products, our strategic investments and acquisitions, compliances and changes in the laws of the People's Republic of China (the "PRC") that affect our operations, and vulnerability of our business to general economic downturn, especially in the PRC, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.
For more information, please contact:
Investor Contacts:
Dexter Fong
China Electric Motor, Inc.
Tel: +86-136-6666-1663
+1-408-476-7139
Email: dexterfong@gmail.com
Simon Ze
China Electric Motor, Inc.
Tel: +86-755-8257-7750
Email: ze_simon@hotmail.com
Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Email: ChinaElectricMotor@Taylor-Rafferty.com
Investor Relations (US):
Delia Cannan
Taylor Rafferty
Tel: +1-212-889-4350
Email: ChinaElectricMotor@Taylor-Rafferty.com
Media Contact:
Jason Marshall
Taylor Rafferty
Tel: +1-212-889-4350
Email: ChinaElectricMotor@Taylor-Rafferty.com
Investor Relations (US):
John Baldissera
BPC Financial Marketing
Tel: +1-800-368-1217
