Client News

Gulf Resources Reports Strong Fourth Quarter and Fiscal Year 2008 Results

Date Posted: 
Sunday, March 15, 2009 1:37pm

New York & Shandong Province, March 16 2009 - Gulf Resources, Inc. (OTCBB: GFRE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2008.

Fourth Quarter Highlights and Recent Events

• Revenue was $24.1 million, a year-over-year increase of 57.6%
• Gross profit was $9.9 million, a year-over-year increase of 61.4%

Gulf Resources Appoints New Chief Executive Officer

Date Posted: 
Sunday, March 15, 2009 1:36pm

New York & Shandong Province, March 16, 2009 - Gulf Resources, Inc. (OTCBB: GFRE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced the appointment of Mr. Xiaobin Liu to be the Company’s new Chief Executive Officer and director, effective March 10, 2009. Mr. Liu replaces Mr. Ming Yang, who resigned from his position as Chief Executive Officer of the Company to devote more time to his other businesses. Mr. Yang will continue as Chairman of the Board of Directors.

China Valves Technology, Inc. Launches New Website

Date Posted: 
Sunday, March 15, 2009 1:34pm

KAIFENG, CHINA, March 16, 2009 – China Valves Technology, Inc. (OTCBB: CVVT) ("China Valves” or the “Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the ''PRC''), today announced the launch of its new corporate and investor relations website with the domain address http://www.cvalve.com .

China Valves Technology, Inc. Reports Fourth Quarter and Full Year 2008 Results

Date Posted: 
Sunday, March 15, 2009 1:30pm

KAIFENG, CHINA, March 16, 2009 – China Valves Technology, Inc. (OTCBB: CVVT) ("China Valves” or the “Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the “PRC”), today announced its financial results for its fourth quarter and fiscal year ended December 31, 2008.

Highlights for the Fourth Quarter 2008 and Recent Developments
• Net revenue was $19.7 million, an increase of 79.1% from the fourth quarter of 2007
• Gross profit was $7.4 million, an increase of 60.8% from the fourth quarter of 2007

Wuhan General Group (China), Inc. Appoints New Independent Director

Date Posted: 
Thursday, March 12, 2009 1:28pm

Wuhan, Hubei Province, P.R.C. March 13, 2009 –Wuhan General Group (China), Inc. (Nasdaq: WUHN) ("Wuhan General" or the "Company"), a leading manufacturer of industrial blowers and turbines in China, today announced that the Company’s Board of Directors has appointed Mr. Yu Shi as a director of the Company to fill the current vacant seat on the Board. Mr. Shi is an independent director, as defined by the SEC and Nasdaq Stock Market, and will serve on the Board's Audit and Compensation Committees.

ShengdaTech, Inc. Repurchases $5.2 Million Face Value of its 6.0% Convertible Senior Notes, to Report First Quarter Gain

Date Posted: 
Thursday, March 12, 2009 1:26pm

Tai’an City, Shandong Province, PRC – March 13, 2009 – ShengdaTech Inc.

Puda Coal Announces Fourth Quarter and Full Year 2008 Results Conference Call

Date Posted: 
Thursday, March 12, 2009 1:25pm

TAIYUAN, SHANXI, China, March 13, 2009 – Puda Coal, Inc. (OTC BB: PUDC), a supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced that the Company will conduct a conference call at 9:00 a.m. Eastern Daylight Time on Monday, March 16, 2009 to discuss the fourth quarter and full year 2008 financial results.

China Sky One Medical to Attend Two Conferences in March

Date Posted: 
Thursday, March 12, 2009 1:23pm

Harbin, China, March 13, 2009 -- China Sky One Medical, Inc. (“China Sky One Medical” or “the Company”) (NASDAQ: CSKI), a leading fully integrated pharmaceutical company producing over-the-counter drugs in the People’s Republic of China (“PRC”), today announced that Ms. Xiao-yan Han, China Sky One Medical Vice President & Director, will attend the Piper Jaffray & ChinaVenture Conference in Shanghai and The World Money Show Hong Kong next week. The dates of the conferences are as follows:

Piper Jaffray & ChinaVenture Conference

Date: March 16-17, 2009

Puda Coal Appoints Pengxiang Lang as New Chief Operating Officer

Date Posted: 
Wednesday, March 11, 2009 1:22pm

TAIYUAN, SHANXI, China, March 12, 2009 – Puda Coal, Inc. (OTC BB: PUDC), a supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced that the Company had appointed Mr. Pengxiang Lang as its new chief operating officer (“COO”), effective March 6, 2009. He replaces Mr. Wenwei Tian, the Company’s former COO and director of investor relations, who resigned on the same day. Ms.

Zhongpin to Increase and Streamline Production Capacity

Date Posted: 
Wednesday, March 11, 2009 1:21pm

Changge City, Henan Province, China – March 12, 2009 – Zhongpin Inc. (NASDAQ: HOGS) (“Zhongpin”), a leading meat and food processing company in the People’s Republic of China (“PRC”), today provided an update on its plan to increase and streamline its production capacity. Zhongpin will begin construction starting in April 2009 of a pork production facility in Tianjin City and a prepared meat facility in Changge City, Henan Province.

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