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China Sun Group High-Tech Co. Announces Actions to "Open its Doors" to Investors

2011-06-08 21:45 872

DALIAN, China, June 08, 2011 /PRNewswire-Asia/ -- China Sun Group High-Tech Co. (OTC Bulletin Board: CSGH) ("China Sun Group" or the "Company"), a vertically integrated supplier of raw materials for rechargeable Lithium-ion (Li-ion) batteries in China, today announced that the Company has begun a program designed to further improve the transparency and effectiveness of its relationship with the investment community.

The Company plans to launch a new website by the end of July 2011. The website will contain new information valuable for investors that will include corporate video footage allowing investors to see the Company's new Lithium Iron Phosphate production lines that were completed in June.  Video footage will also contain conversations with customers whose rapid growth is being supported by high quality product delivered by the Company and conversations with management with regard to the Company's business and strategy.

The Company also welcomes bona fide investors to visit its operations and see the business for themselves.

Assisting the Company in its future investor relations efforts will be CCG Investor Relations, the largest advisor to China-based, US-quoted small capitalization companies.  

"We are looking forward to the opportunity to distinguish ourselves within the investment community for the openness and clarity of our communication," said Mr. Guosheng Fu, CEO of China Sun Group. "Many investors have come to expect very high standards of corporate disclosure and we plan to meet those expectations."  

About China Sun Group High-Tech Co.

China Sun Group High-Tech Co. ("China Sun Group") produces anode materials used in lithium ion batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium ion phosphate. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People's Republic of China. Through its research and development division, DLX owns a proprietary series of nanometer technologies that supply state-of-the-art components for advanced lithium ion batteries. Leveraging its state-of-the-art technology, high-quality product line and scalable production capacity, the Company diversified into the manufacture of LIP and plans to forward integrate to manufacture power Li-ion batteries.  For more information, visit http://www.china-sun.cn.

Safe Harbor Statement

The statements contained herein that are not historical facts are considered "forward-looking statements." Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, statements regarding the Company's expected growth in sales of LIP due to China's expanding new energy automobile industry are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the effect of political, economic, and market conditions and geopolitical events; legislative and regulatory changes that affect our business; the availability of funds and working capital; the actions and initiatives of current and potential competitors; investor sentiment; and our reputation. We do not undertake any responsibility to publicly release any revisions to these forward-looking statements to take into account events or circumstances that occur after the date of this report. Additionally, we do not undertake any responsibility to update you on the occurrence of any unanticipated events, which may cause actual results to differ from those expressed or implied by any forward-looking statements. The factors discussed herein are expressed from time to time in our filings with the Securities and Exchange Commission available at http://www.sec.gov.

Company Contact:

 

 

Mr. Guosheng Fu, Chief Executive Officer

 

 

China Sun Group High-Tech Co.

 

 

Tel: 86 411 8288 9800/8289 2736 (China)

 

 

Email: ir@china-sun.cn

 

 

Website: www.china-sun.cn

 

 

 

 

Investor Relations Contact:

 

 

Mr. Mark Collinson, Partner

 

 

CCG Investor Relations

 

 

Tel: 310-954-1343

 

 

Email: mark.collinson@ccgir.com

 

 

Website: www.ccgirasia.com

 

 

 

Source: China Sun Group High-Tech Co.
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