Navigation Links
Wonder Auto Obtains a New World-class Customer in Germany
Date:4/27/2010

JINZHOU CITY, China, April 27 /PRNewswire-Asia/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading supplier of automotive electric parts, suspension products and engine components in China, wins a contract from a world-class customer based in Germany through one of its subsidiaries, which is Jinzhou Wanyou Mechanical Parts Co., Ltd ("Wanyou").

On 23 April, Wanyou has gained trail orders from a German client for its German headquarters and American branches. This client is one of the most famous automotive absorbers manufacturing firms, especially for high-end luxury cars and modified cars. After 6 months development, Wanyou's product samples and technical process have been approved by the client. Our management team believes that the new contract will contribute Wonder Auto with more than 2 million US dollars every year in the future. Simultaneously, it will further improve Wanyou's brand image, and further promote Wanyou's technology level to become the world-class shock absorber rods supplier.

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc., through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts, suspension products and engine components. Wonder Auto ranked second and third in sales revenue in the Chinese market for automobile alternators and starters in 2008, respectively. Wonder Auto's products are used in a wide range of passenger and commercial automobiles with special focus on the fast-growing small- to medium-engine passenger vehicle market. For more information, please log on http://www.watg.cn .

Safe Harbor Statement

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among others, those concerning our expected 2009 financial results, our expected financial performance in 2010 and future strategic and operational plans, our future operating results, our expectations regarding the market for our products, our expectations regarding the continued growth of the automobile market, as well as all assumptions, expectations, predictions, intentions or beliefs about our relative strength and about future events. Forward-looking statements can be identified by the use of forward-looking terminology such as "will," "believe," "expect," "may," "should," "potential," "continue," "anticipate," "future," "intend," "plan," "believe," "is/are likely to," "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, except as required under applicable law. 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 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 press release and in the attachments is as of the date of this press release.

    For more information, please contact:

     Patrick Sun
     Investor Relations Manager
     Tel:   +86-10-8478-5339
     Cell:  +86-153-1161-1742
     Email: ir@watg.cn


'/>"/>
SOURCE Wonder Auto Technology, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related biology news :

1. Making sure the wonder materials dont become the wonder pollutant
2. Wonderful cheese is all in the culture
3. The wonders of wine
4. The fantastic armor of a wonder snail
5. Chemistry makes the natural wonder fabric -- wool -- more wonderful
6. GenWay Biotech obtains exclusive rights to AMDLs DR-70 cancer test in US and Canada
7. Ardiem Medical obtains non-exclusive license for neuromodulation devices
8. World-class environment vision to bring back the species
9. World-class innovation through international cooperation
10. Qatar home to world-class biomedical research program
11. World-class protection boosts Australias Great Barrier Reef
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/7/2016)... BioCatch , the global leader in behavioral biometrics, reported a ... over 40 granted and pending patents. ... , The Company,s IP portfolio expansion ... Device, and Method Estimating Force Applied to a Touch Surface, " ... components needed to estimate the force and pressure applied to touch surfaces ...
(Date:12/6/2016)... 6, 2016  Zimmer Biomet Holdings, Inc. (NYSE and SIX: ... offering of €500.0 million principal amount of its 1.414% senior ... its 2.425% senior unsecured notes due 2026. ... December 13, 2016, subject to the satisfaction of customary closing conditions.  ... The Company intends to use the ...
(Date:12/5/2016)... 5, 2016  The Office of Justice Programs, ... CT Scans Enhance or Replace Medico Legal Autopsies?" ... supporting or replacing forensic autopsies with postmortem X-ray ... In response to recommendations made by The ... CT scans as a potential component of medicolegal ...
Breaking Biology News(10 mins):
(Date:12/8/2016)... SAN DIEGO , Dec. 8, 2016 /PRNewswire-USNewswire/ ... treatments for congestive heart failure and type 2 ... license for a novel adeno-associated virus (AAV) vector ... Kay , M.D., Ph.D., at Stanford University. The ... of its paracrine gene therapy product pipeline. ...
(Date:12/8/2016)... Oxford Gene Technology (OGT), The Molecular ... with the launch of the SureSeq myPanel™ NGS Custom FH ... familial hypercholesterolemia (FH). The panel delivers single nucleotide variation (SNV) ... panel and allows customisation by ,mix and match, of fully-optimised ... LDLR , P C SK9 , ...
(Date:12/8/2016)... ... 08, 2016 , ... This CAST literature review and report looks at problems ... on the economic effects in countries that are major global commodity exporters and importers, ... resultant risk of low level presence (LLP) puts large volumes of trade worth billions ...
(Date:12/8/2016)... Dec. 8, 2016 Eutilex Co. Ltd. today ... (US $18.9M) Series A financing. This financing round included ... Venture and SNU Bio Angel. This new funding brings ... KRW (US $27.7M) since its founding in 2015. ... the development and commercialization of its immuno-oncology programs, expand ...
Breaking Biology Technology: