JINZHOU CITY, Liaoning, China, Jan. 17 /Xinhua-PRNewswire/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the fourth quarter and 2007 year ended December 31, 2007, before the market opens on Tuesday, February 5, 2008.
The Company will host a conference call, to be simultaneously Webcast, on Tuesday, February 5th at 8:00 a.m. Eastern Standard Time / 9:00 p.m. Beijing Time. A question and answer session will follow management’s presentation. Mr. Qingjie Zhao (Chairman & CEO), Mr. Ryan Yuan (CFO), and Mr. Yuechun Xie (Investor Relations Manager) will be the primary speakers for the call.
To participate, please call the following numbers ten minutes before the call start time:
Phone Number: +1-877-407-9210 (North America)
Phone Number: +1-201-689-8049 (International)
A live Webcast of the conference call will be available on the Investor Relations page of Wonder Auto’s web site at http://www.watg.cn . Please visit the Web site at least 15 minutes early to register for the Webcast and download any necessary audio software.
A replay of the call will be available through Tuesday, February 19, 2008, at 11:59 p.m. Eastern Standard Time/12:59 p.m. Beijing Time. For the replay, please call:
Phone Number: +1-877-660-6853 (North America)
Phone Number: +1-201-612-7415 (International)
Account Number: 286
Conference ID Number: 270297
About Wonder Auto
Based in Jinzhou City, Liaoning, China, Wonder Auto, through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts and suspension products. Wonder Auto was ranked second in sales revenue in the China market for automotive alternators and starters in 2006. With 5 different series and over 150 models of alternators, 70 models of starters and various suspension related parts, the Company supplies a wide range of automakers, engine producers and auto parts suppliers both in domestic China and overseas. Wonder Auto’s main customers include Beijing Hyundai Motor Company, Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd., Harbin Dongan Automotive Engine Manufacturing Co., Ltd., and Tianjin FAW Xiali Automotive Co., Ltd. For more information, please log on http://www.watg.cn .
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to the use of proceeds for the recent private placement, new and existing products, product defects and any related product recall; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors and risks mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2006 and any subsequent SEC filings. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.
