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Score One to Build First Motown in China with ABS Expert

2007-07-16 16:24 1345

HONG KONG, July 16 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that it is in final discussions with Xian Bohua Machinery Electronic Co. Ltd. ( http://www.xabohua.com.cn ) to build the first motor town in the North-eastern city of Dalian, the PRC. The proposed motor town will include a motor exhibition center for domestic and international motor shows; showrooms of major China automobile manufacturers; as well as domestic and international auto’s parts and peripherals manufactures.

“We are trying to build a China ‘Motown in Dalian,’ a miniature of the mirror image of Detroit in the United States,” enlightened by Ms. Hoi-ho Kiu, Chairman and CEO of Score One, Inc. “With the initial idea of us contributing the land space in Dalian and Xian Bohua the know-how’s, we trust that this ‘first-of-its-kind’ China Motown will be a very successful and fruitful cooperation, in addition to the exponentially growing automobile industry in China.”

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. Recreation Town is a piece of undeveloped land located in the peninsula in Dalian, the PRC with a current market value exceeding $75 million.

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.

For more information, please contact:

Investors Relation Officer

Tel: +852-2251-8831

Fax: +852-2251-8830

Email: rccapitalltd@hottdesk.com

Source: Score One Inc.
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Keywords: Auto
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