Client News

China Wind Systems, Inc. Announces Approval for One-for-Three Reverse Stock Split

Date Posted: 
Sunday, August 16, 2009 7:00pm

WUXI, China, Aug. 17 -- China Wind Systems, Inc. (OTC Bulletin Board: CWSI) ('China Wind Systems' or the 'Company'), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced today that its board of directors approved a one-for-three reverse stock split of the Company's common stock and that the holders of a majority of the Company's outstanding stock have consented to the reverse split.

China Wind Systems, Inc. Elects Megan Penick as an Independent Director

Date Posted: 
Thursday, August 13, 2009 7:00pm

WUXI, China, Aug. 14 -- China Wind Systems, Inc. (OTC Bulletin Board: CWSI) ('China Wind Systems' or the 'Company'), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced today that the board of directors has elected Ms. Megan Penick as a director. Following the election of Ms. Penick, who is an independent director, the Company's board of directors is now comprised of five members, three of whom are independent.

China Wind Systems Announces Conference Call to Discuss Second Quarter 2009 Results

Date Posted: 
Tuesday, August 11, 2009 6:59pm

WUXI, China, Aug. 12 -- China Wind Systems, Inc. (OTC Bulletin Board: CWSI) ('China Wind Systems' or the 'Company'), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced today that it will conduct a conference call at 10:00 a.m. Eastern Time on Monday, August 17, 2009 to discuss its second quarter 2009 results. The call will be hosted by Mr. Leo Wang, Chief Financial Officer, and Mr. Yan Hua, Vice President, Operations.

China TransInfo Technology Corp. Announces Record Second Quarter 2009 Results

Date Posted: 
Tuesday, August 11, 2009 6:55pm

BEIJING, Aug. 12 -- China TransInfo Technology Corp., (Nasdaq: CTFO) ('China TransInfo' or 'the Company'), a leading provider of public transportation information systems technology and comprehensive solutions in the People's Republic of China ('PRC'), today reported its financial results for the quarter ended June 30, 2009.

Second Quarter 2009 Highlights

-- Revenue increased 86.7% year-over-year to $9.6 million
-- Gross profit increased 50.3% year-over-year to $4.7 million, or 48.9% of sales
-- Operating income grew 24.6% year-over-year to $2.8 million

China TransInfo Announces the Launch of the First Real-Time Traffic Website and Mobile Phone Software in China

Date Posted: 
Sunday, August 9, 2009 6:54pm

BEIJING, Aug. 10 -- China TransInfo Technology Corp., (Nasdaq: CTFO), ('China TransInfo' or the 'Company'), a leading provider of public transportation information systems technology and comprehensive solutions in the People's Republic of China ('PRC'), today announced that the Company officially launched China's first multi-city real-time traffic website and mobile phone software with initial coverage in Beijing, Shanghai, Chongqing, Chengdu, and Wuhan on August 8, 2009. The website address is http://www.palmcity.cn .

China Sky One Medical, Inc. Announces Record Second Quarter 2009 Results

Date Posted: 
Thursday, August 13, 2009 6:47pm

HARBIN, China, Aug. 14 -- China Sky One Medical, Inc. ('China Sky One Medical' or 'the Company') (Nasdaq: CSKI), a leading fully integrated pharmaceutical company in the People's Republic of China ('PRC'), today announced record financial results for the second quarter of 2009.

Second Quarter 2009 Highlights

  • Total revenues increased 35.5% year-over-year to $32.2 million
  • Gross profit increased 34% year-over-year to $24.4 million
  • Operating income increased 19.8% to $12.1 million

China Sky One Medical, Inc. Announces Conference Call to Discuss Second Quarter 2009 Results

Date Posted: 
Monday, August 10, 2009 6:46pm

HARBIN, China, Aug. 11 -- 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 it will conduct a conference call at 10:00 a.m. Eastern Daylight Time (EDT) on Friday, August 14, 2009, to discuss its second quarter 2009 financial results.

China Sky One Medical, Inc. Launches New Corporate Website

Date Posted: 
Monday, August 10, 2009 6:45pm

HARBIN, China, Aug. 11 -- 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 the launch of its new corporate website under the domain name http://www.cski.com.cn

China Sky One Medical, Inc. Appoints New Independent Director

Date Posted: 
Wednesday, August 5, 2009 6:44pm

HARBIN, China, Aug. 6 -- 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 the appointment of Mr. William Wei Lee as an independent member of the Company's Board of Directors ('the Board') effective August 4, 2009. Mr. Jiang Qi-Feng resigned from the Board effective August 4, 2009. Following this appointment, China Sky One Medical's Board of Directors has seven members, four of whom are independent. Mr.

China Nutrifruit Group Limited Announces First Quarter of Fiscal 2010 Results

Date Posted: 
Thursday, August 13, 2009 6:41pm

Revenue increased 81% year-over-year to $9.4 million
Operating income rose 11% to $2.2 million

DAQING, China, Aug. 14 -- China Nutrifruit Group Limited (OTC Bulletin Board: CNGL) ('China Nutrifruit' or 'the Company'), a leading producer of premium specialty fruit based products in China ('PRC'), today reported financial results for the first quarter of its 2010 fiscal year ended June 30, 2009.

First Quarter 2010 Highlights

  • Net sales increased 81.2% year-over-year to $9.4 million
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