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ShengdaTech Schedules Conference Call to Discuss Second Quarter 2007 Results

2007-08-03 17:00 1088


TAIAN CITY, China, Aug. 3 /Xinhua-PRNewswire-FirstCall/ -- ShengdaTech Inc. ("ShengdaTech") (Nasdaq: SDTH) a leading manufacturer of nano-precipitated calcium carbonate (NPCC) and coal-based chemical products in the People's Republic of China ("PRC"), today announced it will host a conference call at 10:00 am EST on Thursday, August 9, 2007, to discuss the second quarter 2007 financial results.

Joining Mr. Xiangzhi Chen, ShengdaTech's Chief Executive Officer on the call will be Ms. Anhui Guo, the Chief Financial Officer, Mr. Crocker Coulson, President of CCG Elite, and Ms. Leslie Richardson, Financial Writer at CCG Elite. The company plans to release its earnings earlier that same day.

To participate in the conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 800-688-0796. International callers should dial 617-614-4070. The pass code for the call is 766 800 26.

If you are unable to participate in the call at this time, a replay will be available on Thursday, August 9, 2007 at 11:00 AM ET through Thursday, August 16, 2007. To access the replay, dial 888-286-8010, international callers should dial 617-801-6888. The conference passcode is 12151592.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on http://www.shengdatechinc.com . Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a 90 day replay will be available shortly after the call by accessing the same link.

About ShengdaTech, Inc.

ShengdaTech Inc. is engaged in the business of manufacturing, marketing and selling nano-precipitated calcium carbonate ("NPCC") and coal-based chemicals for use in various applications. The Company converts limestone into NPCC using its proprietary technology. The unique chemical and physical attributes make NPCC a valuable ingredient in tires, paints, polyvinyl chloride ("PVC") building materials and other products. NPCC enhances the durability of many products by increased strength, heat resistance, and dimension stabilization. The Company is also engaged in the manufacture and sale of coal-based chemical products namely ammonium bicarbonate, liquid ammonia, melamine and methanol. The Company markets and sells its coal-based products mainly for chemical fertilizers and raw materials in the production of organic and inorganic chemical products, including formaldehyde and pesticides.

Certain statements made by ShengdaTech on its conference call in relation to this release, constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995: Any statements that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the tire industry, changes in composition of tires, ability to attract new customers, ability to increase our product's applications, ability of our customers to sell products, cost of raw material, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission.

For more information, please contact:

Crocker Coulson, President

CCG Elite

Tel: +1-310-231-8600

Email: crocker.coulson@ccgir.com

Leslie Richardson, Financial Writer

CCG Elite

Tel: +1-310-231-8600

Email: leslie.richardson@ccgir.com

Source: ShengdaTech Inc.
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Keywords: Chemical
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