Score One to Tap into China's US$120 Billion Auto Parts Exports Industry
2007年8月4日 - 6:00AM
PRニュース・ワイアー (英語)
HONG KONG, Aug. 3 /Xinhua-PRNewswire/ -- Score One Inc. (OTC:SREA)
(BULLETIN BOARD: SREA) announced today that according to a recent
article published by Michael Wen of Taiwan Economic News, Chinese
authorities had marked the Chinese auto and auto-parts sectors as
part of the official agenda by their reassuring performance in
2006. According to the article, Wei Jian-guo, vice minister of
commerce, announced that China will boost its auto and auto-parts
exports to US$120 billion in 10 years, for a 10% global market
share, from the current US$11 billion. "The quality of China-made
auto parts and accessories has been upgraded significantly over the
past years," claimed Ms. Hoi-ho Kiu, Chairman and CEO of Score One,
Inc. "Our auto-parts industry has been able to meet the needs of
the fast growing auto industry and the aftermarket, offer original
equipment items to commercial vehicles, mid-range and high-end
cars, thereby displacing the market shares of the imports parts. We
have been evolved from low value-added to high value-added items,
with some Chinese local brands beginning to join the international
procurement network." She furthered, "Our potential cooperation
with Xian Bohua will surely improve our corporate development and
provide us with superb opportunities to tap into China's auto-
parts industry and lead us to a high level of commercial
battlefield." About Xian Bohua Machinery Electronic Co. Ltd. With
over 100 well trained and experienced staff, Xian Bohua is an
expert in developing and manufacturing antilock brake system (ABS)
in China. It supplies its ABS to over 100 vehicle models with an
annual capacity exceeding 200,000 pieces. About Score One Inc.
Score One Inc. is a comprehensive investment service group and the
parent company of RC Capital Limited, a Hong Kong based corporation
which business includes financial consultation, investment and
financial planning, enterprise re-organization, public offering
consultation, and direct investment. Currently, Score One is in
negotiation with possible corporation with Xian Bohua as well as
eyeing overseas acquisitions. Safe Harbor Information in this news
release or on this website may contain statements about future
expectations, plans, prospects or performance of Score One Inc.
that constitute forward-looking statements for purposes of the safe
harbor provisions under the Private Securities Litigation Reform
Act of 1995. The words or phrases "can be," "expects," "may
affect," "believed," "estimate," "project," and similar words and
phrases are intended to identify such forward-looking statements.
Score One Inc. cautions you that any forward- looking information
provided by or on behalf of Score One Inc. is not a guarantee of
future performance. None of the information on this website
constitutes an offer to sell securities or investment advice of any
kind, and visitors should not base their investment decisions on
information contained in this website. Score One Inc.'s actual
results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Score One Inc.'s control. In
addition to those discussed in Score One Inc.'s press releases,
public filings, and statements by Score One Inc.'s management,
including, but not limited to, Score One Inc.'s estimate of the
sufficiency of its existing capital resources, Score One Inc.'s
ability to raise additional capital to fund future operations,
Score One Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities and, in
identifying contracts which match Score One Inc.'s capability to be
awarded contracts. All such forward-looking statements are current
only as of the date on which such statements were made. Score One
Inc. does not undertake any obligation to publicly update any
forward-looking statement to reflect events or circumstances after
the date on which any such statement is made or to reflect the
occurrence of unanticipated events. For more information, please
contact: Investors Relation Officer Tel: 852-2251-8831 Fax:
852-2251-8830 Email: DATASOURCE: Score One Inc. CONTACT: Investors
Relation Officer, +1-852-2251-8831, or fax, +1-852-2251-8830, , for
Score One Inc.
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