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SREA Sempra

23.33
-0.40 (-1.69%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sempra NYSE:SREA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -1.69% 23.33 23.4643 23.23 23.38 45,225 21:00:00

Score One to Benefit from China's Booming Auto Parts Industry

25/07/2007 1:00pm

PR Newswire (US)


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HONG KONG, July 25 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc. (OTC:SREA) (BULLETIN BOARD: SREA) announced today that according to a recently published China Auto Parts Industry Report, 2007 (publisher: Research InChina), the revenue of China's auto parts industry amounted to RMB527 billion (or approximately US$68 billion) in year 2006, an increase of 34.71% for a year-on-year basis. Also, according to a separate article published by Keith Bradsher of the New York Times on June 7, 2007, 'China's auto parts exports have increased more than six fold in the last five years, nearly topping US$1 billion in April and emerging as one of the fastest-growing categories of Chinese industrial products sold overseas. More than half of these auto parts go to the United States; most of the rest to Europe and Japan.' 'With the potential cooperation with Xian Bohua Machinery Electronic Co. Ltd. ( http://www.xabohua.com.cn/ ) to build a first China 'Motown in Dalian,' we are in the right position to capitalize on the booming auto parts industry,' delighted by Ms. Hoi-ho Kiu, Chairman and CEO of Score One, Inc. 'We believe that this China Motown will create tremendous business opportunities as well as economic rewards for domestic and international auto parts and peripherals manufactures,' she furthered. 'We look forward to finalize our cooperation with Xian Bohua in the coming weeks.' 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. Recreation Town is a piece of undeveloped land located in the peninsula in Dalian, the PRC with a current market value exceeding $75 million. 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 of Score One, +852-2251-8831, or fax, +852-2251-8830, or

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