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China XD Plastics to be Covered by Standard & Poor'

发布时间:2019-01-04 10:11 作者:AG集&# 来源:admin 点击: 字号:

HARBIN, China, July 30 /PRNewswire-Asia/ -- China XD Plastics Company Ltd. ("China XD Plastics" or the "Company"), (OTC Bulletin Board: CXDC), as the largest Chinese manufacturer engaged in the development, manufacturing, and distribution of modified plastics primarily for use in automotive applications, today announced that the Company's information is now made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at http://www.advisorinsight.com .

In addition, information about China XD Plastics in Standard & Poor's Market Access Program will be included in S&P's Stock Guide database, which is disseminated electronically to a wide range of major quote vendors. A full description of China XD Plastics will also be published in the Daily News section of Standard Corporation Records, which is a recognized securities manual for secondary trading in approximately 38 states under their Blue Sky Laws.

"We are very pleased to announce that our Company's information is now covered via Standard and Poor's Market Access Program," said Mr. Jie Han, the Chairman and Chief Executive Officer of China XD Plastics. "As a publicly traded company, we have continued to communicate effectively with shareholders. Through the Market Access Program, we can better increase our public visibility and reach out to potential new investors."

About China XD Plastics Company LtAAAAAAAA> China XD Plastics Company Ltd., through its wholly owned subsidiary Harbin Xinda Macromolecule Material ("Xinda"), develops, manufactures, and distributes modified plastics, primarily for automotive applications. The Company's specialized plastics are used in the exterior and interior trim and in the functional components of more than 30 automobile brands manufactured in China including Audi, Red Flag, Volkswagen and Mazda. The Company's wholly owned research institute is dedicated to the research and development of modified plastics and benefits from technology collaboration with well-known scientists from leading Universities in China. Currently, 122 of Xinda's automobile specific modified plastic products have been certified for use by one or more of the automobile manufacturers in China. For more information please visit http://www.chinaxd.net .

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the company's activities; the effectiveness, profitability, and the marketability of its products; legal and regulatory risks associated with the share exchange; the Company's ability to successfully expand its production capacity; the future trading of the common stock of the company; the Company's ability to operate as a public company; the period of time for which its current liquidity will enable the company to fund its operations; the company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; the company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the company's filings with the Securities and Exchange Commission and available on its website at http://www.sec.gov. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in itAAAApectationAAAAAcept as may be required by law. Although the company believes that the expectationAAAApressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

For more information, please contact:

China XD Plastics Company LtAAAAAAAA> Mr. Taylor Zhang, Chief Financial Officer

Phone: +1-212-747-1118 (New York)

Mr. Allan Lao, IR Director

Phone: +86-451-8434-6600 (China)

Email: cxdc@chinaxd.net

Web: http://www.chinaxd.net/

CCG Investor Relations

Mr. Crocker Coulson, President

Phone: +1-646-213-1915 (New York)

Mr. Ed Job, CFA

Phone: +1-646-213-1914 (New York)

Email: ed.job@ccgir.com

Web: http://www.ccgirasia.com

Standard and Poor's Customer Contact:

Richard Albanese

Phone: +1-212-438-3647

Email: richard_albanese@standardandpoors.com

Standard and Poor's Media Relations Contact:

Michael Privitera

Phone: +1-212-438-6679

Email: michael_privitera@standardandpoors.com

本文源自: 环亚娱乐

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