JINZHOU, China, March 4, 2011 /PRNewswire-Asia/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or "the Company") (NASDAQ: WATG), a leading manufacturer of automotive electrical parts, safety products, suspension products and engine accessories in China, today announced that members of its management team will present a company overview at two investment conferences in March – the Rodman & Renshaw Annual China Investment Conference and the ROTH 23rd Annual OC Growth Stock Conference.
Details for the Company's presentation at the Rodman & Renshaw Annual China Investment Conference are as follows:
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Date: |
Monday, March 7, 2011 |
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Time: |
12:45 to 01:10 PM (local time) |
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Location: |
Ballroom III, Le Royal Meridien, Shanghai, China |
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Details for the Company's presentation at the ROTH 23rd Annual OC Growth Stock Conference are as follows:
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Date: |
Monday, March 14, 2011 |
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Time: |
10:30 AM (local time) |
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Location: |
Track 3, Ritz-Carlton Laguna Niguel, Laguna Niguel, CA |
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More information regarding the Rodman & Renshaw Annual China Investment Conference can be found at: http://www.rodmanandrenshaw.com/conferences?id=61
More information regarding the ROTH 23nd Annual OC Growth Stock Conference can be found at: http://www.roth.com/main/Page.aspx?PageID=7236
Safe Harbor Statement
This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among other things, statements relating to our expectations regarding the market for our automotive products; our expectations regarding the continued growth of the automotive industry; our beliefs regarding the competitiveness of our automotive products; our expectations regarding the expansion of our manufacturing capacity; our expectations with respect to increased revenue and earnings growth and our ability to increase our production volumes; our future business development, results of operations and financial condition; competition from other manufacturers of automotive electrical products; our ability to integrate acquired subsidiaries and operations into existing operations; market conditions affecting our equity capital; our ability to successfully implement our selective acquisition strategy and changes in general economic conditions. Forward-looking statements can be identified by the use of forward-looking terminology such as "will," "expect," "may," "should," "anticipate," "future," "intend," "is/are likely to," "proposed," "estimate" or similar expressions. Such information is based upon assumptions and expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions and expectations are inherently subject to uncertainties and contingencies beyond our control and based upon premises with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Quarterly Reports on 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system at http://www.sec.gov. All information provided in this current report and in the attachments is as of the date of this press release.
About Wonder Auto
Wonder Auto Technology, Inc. is a Nevada holding company with operating subsidiaries in China primarily engaged in the business of designing, developing, manufacturing and selling automotive electric parts, automotive safety products, suspension products and engine components. Our products include alternators and starters, airbags, pretensioners and steering wheels, engine valves and tappets, and rods and shafts for use in shock absorber systems. We have been manufacturing alternators and starters in China since 1997, and according to the China Association of Automobile Manufacturers, in 2009 we ranked second and fourth in sales revenue in the Chinese market for automobile alternators and starters, respectively. Our subsidiary Jinzhou Jinheng has been designing and developing airbags for over 10 years. We believe that we were the largest Chinese brand airbag manufacturer in terms of sales volume in 2009 and the biggest Chinese pretensioner manufacturer. Our subsidiary Jinan Worldwide has been producing engine valves and tappets for over 50 years. We believe we are now one of the largest manufacturers of engine valves and tappets in China in terms of sales volume. Our subsidiary Jinzhou Wanyou is supplying rods and shafts to suspension system manufacturers worldwide. We believe that we are one of the largest independent suppliers of rods and shafts for suspension system manufacturers in the world in terms of sales volume.
Our products are used in a wide range of passenger and commercial automobiles, and we are especially focused on the fast-growing small- to-medium sized engine passenger vehicle market. We sell our products primarily within China to well-known domestic and international automobile original equipment manufacturers, or OEMs, engine manufacturers and automotive parts suppliers. We are increasingly exporting our products to international markets.