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China Automobile Manufacturer Exceeded Expectation -- Benefits Score One

2007-08-25 00:43 1741

HONG KONG, Aug. 24 /Xinhau-PRNewswire-FirstCall/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that according to a recent article published in August by South China Morning Post, Chery Automobile, which makes the popular QQ cars, produced its one millionth vehicle, taking less than eight years or the shortest time to reach the one million milestone. Chery announced that it took about the initial six years to produce its first 500,000 cars and only one year and a half to complete the second 500,000.

"With our inexpensive small cars, Chinese car manufacturers can help salvage the sliding market share of global car manufacturers in their countries," declared Ms. Hoi-ho Kiu, Chairman and CEO of Score One, Inc. "Cooperation with global car manufacturers is certainly welcomed for lifting China's car manufactures' skills and technology. Again, the auto industry cannot be strong without a mighty auto parts industry in which we intend to focus our efforts and resources."

About Xian Bohua Machinery Electronic Co. Ltd.

With over 100 well-trained and experienced staff, Xian Bohua is an expert in developing and manufacturing antilock brake system (ABS) in China. It supplies its ABS to over 100 vehicle models with an annual capacity exceeding 200,000 pieces.

About Score One Inc.

Score One Inc. is a comprehensive investment service group and the parent company of RC Capital Limited, a Hong Kong based corporation which business includes financial consultation, investment and financial planning, enterprise re-organization, public offering consultation, and direct investment. Currently, Score One is in negotiation with Xian Bohua about a possible cooperation.

Safe Harbor

Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Score One Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Score One Inc. cautions you that any forward-looking information provided by or on behalf of Score One Inc. is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. Score One Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Score One Inc.'s control. In addition to those discussed in Score One Inc.'s press releases, public filings, and statements by Score One Inc.'s management, including, but not limited to, Score One Inc.'s estimate of the sufficiency of its existing capital resources, Score One Inc.'s ability to raise additional capital to fund future operations, Score One Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Score One Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Score One Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Source: Score One Inc.
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