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Tongxin International Ltd. to Host Business Update Call With Chief Financial Officer, Jackie Chang, and Chief Executive Officer, Rudy Wilson

2009-01-28 20:43 670

NEW YORK and CHANGSHA, China, Jan. 26 /PRNewswire-Asia-FirstCall/ -- Tongxin International Ltd. (Nasdaq: TXIC), a China-based manufacturer of engineered commercial vehicle body structures ("EVBS") and stamped body parts, announced today a conference call to introduce the Company's CFO, Jackie Chang, to investors and provide a business update.

On the call, Mrs. Chang will update investors on her projects for the year including SOX compliance, the Company's plans to install a new enterprise resource planning system, provide detail on finances, and then field questions from investors. Also joining the call will be Mr. Rudy Wilson, CEO and Chairman of Tongxin International, who will provide an update on acquisition plans including Meihua Bus.

To attend the call, please use the dial information below. When prompted, ask for the "Tongxin International Conference" and/or be prepared to provide the conference ID detailed in the information below.

Conference Line Dial-In (U.S.): 1-800-762-8795

International Dial-In: +1-480-629-9039

Conference ID: 3969013

Webcast link: http://viavid.net/dce.aspx?sid=00005641

The conference call will take place at 10:00 a.m. ET on Thursday, January 29th, 2009. Interested participants should call 800-762-8795 when calling within the United States or 480-629-9039 when calling internationally. Please dial in at least 10-minutes before the call to ensure timely participation. A playback will be available through February 5th, 2009. To listen, please call 800-406-7325 within the United States or +1 303-590-3030 when calling internationally. Utilize the pass code 3969013 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link: http://viavid.net/dce.aspx?sid=00005641 , or at ViaVid's website at http://www.viavid.net , where the webcast can be accessed through September 16th, 2009.

About Tongxin International Ltd.

Tongxin International Ltd., the largest independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. The Company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Tongxin maintains a network of 130 customers throughout 28 provinces in China. Headquartered in Changsha, Tongxin also maintains distribution facilities in Dali, Ziyang and Zhucheng and sales offices in Hong Kong, Beijing and Shanghai.

FORWARD LOOKING STATEMENTS

Statements contained in this press release, which are not historical fact, including the anticipated date of listing of the Class A Common Stock on the NASDAQ Global Market, constitute "Forward-Looking Statements." Actual results may differ materially due to numerous important factors that are described in Tongxin International's most recent report to the SEC on Form 6-K, which may be revised or supplemented in subsequent reports to the SEC. Such factors include, among others, the cost and timing of implementing restructuring actions, the Company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Tongxin International does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

For more information, please contact:

HC International, Inc.

John Mattio

Tel: +1-914-669-5340

Email: john.mattio@hcinternational.net

Rita Jiang

Tel: +1-914-669-5340

Email: rita.jiang@hcinternational.net

URL: http://www.hcinternational.net

Source: Tongxin International Ltd.
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Keywords: Machinery
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