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 sma
|SOURCE Wonder Auto Technology, Inc.|
Copyright©2010 PR Newswire.
All rights reserved