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CFGN backed off to .02
CFGN pushing it - interesting.
Bid now .035
Bids increasing
Nice. A solid day today would give credence to a new company coming in here.
Pre-market .03 x .04
Up to 11 board marks now - looking for a continuation of buying today.
Same - added some more at .03. Will add tmrw as well.
A tom accumulated at .03. Love to see it bust out tomorrow.
Great buying volume today - break out is tmrw imo.
Yeah this could run to paper with any real buying. Looking great.
Looks like a lot of people want in - DGNG opened with .01 on the ask and now we have 6 MM's at .015+ on the bid.
I think we open much higher tomorrow!
I pick up a starter to
Thanks for info guys - got a starter earlier and watching with anticipation
Ya have got felling something big coming here real soon
Could be - def. looks like something is up./
Mable they got one or sold shell to good company
A/S confirmed on Nevada SOS - only 50 mil.
Been active for years waiting to bring a company in here -
12/11/2018 12/11/2018 20180531428-04 Annual List External Snap Shot
12/05/2017 12/05/2017 20170513474-64 Annual List External Snap Shot
12/19/2016 12/19/2016 20160548854-73 Annual List External Snap Shot
12/18/2015 12/18/2015 20150552149-04 Annual List External Snap Shot
12/29/2014 12/29/2014 20140829012-19 Annual List External Snap Shot
When did nvsos go active
It was just updated about 10 days ago. First time in years and transfer agent verified on otc markets. Looks like something is coming here. Also active NV SOS.
It show 8/30/19 not sure about before that it also show transfer agent verified
When was last time share structure was updated. Anyone know?
Back to .015 x .03
Ya look like something be coming if any filling drop this one will take off
Nice volume out of nowhere starting yesterday - always a good sign.
Not really any selling and bids rising.
Low float active shell getting volume out of nowhere the past 2 days. Could be something in the works -
Share structure just updated on OTC Markets after years of nothing.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151062370&txt2find=dgng
Transfer Agent Verified 8/30/2019. Company did not file anything since 2011. Looks a new Transfer Agent was hired maybe by a new officer.
Look like share structure was update
if you trade off the filings and you call a listed number and they confirm the OS it is not insider trading. so fuck off
all public information if the people could read
Low floater making some noise today, very thin ask.
adding ... could RUN BIG
http://www.diguang.com/
or the english version
http://www.diguang.com/plus/list.php?tid=8
last 10q
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7992015
a colleague / friend has confirmed the os with the t/a.
company still active in china.
could be a golden goose, or a wild herring, or a pigeon on meth.
do your own dd, nothing constitutes advice of any kind here.
Pink no information 90k 3mo. avg. vol.
Investors are advised that OTC Markets Group has been unable to contact or confirm the location of this company. If you have current contact information, please complete the Update Company Information Form or send an email to info@otcmarkets.com.
Financial Reporting/Disclosure
Reporting Status Alternative Reporting Standard
Deregistered a/o Jul 22, 2011
Audited Financials Unaudited
Latest Report Not Available
Regulatory Agency Not Available
CIK 0001158722
Fiscal Year End 12/31
OTC Market Tier OTC Pink No Information
Profile Data
SIC - Industry Classification 3670 - Electronic Components & Accessories
Incorporated In: NV, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Song Yi CEO
Zeng Qingjun Principal Fin. Officer
Company Directors
Song Yi Chairman
Company Notes
Formerly=Online Processing, Inc. until 3-06
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
Not Available
Investor Relations Firm
Not Available
DGNG Security Details
Share Structure
Market Value1 $22,072 a/o Sep 21, 2012
Shares Outstanding 22,072,000 a/o Feb 28, 2009
Float Not Available
Authorized Shares Not Available
Par Value 0.001
Shareholders
Shareholders of Record 100 a/o Mar 31, 2011
Security Notes
Capital Change=shs decreased by 3 for 5 split. Pay date=02/22/2006.
Short Selling Data
Short Interest 0 (-100%)
Apr 30, 2010
Significant Failures to Deliver No
Transfer Agent(s)
Signature Stock Transfer, Inc.
Diguang International Brings Ultra-Slim LED Monitors, PCs and TVs and General Lighting Innovations to COMPUTEX in Taipei
Jun 2, 2009 7:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesSHENZHEN, China, June 2 /PRNewswire-Asia-FirstCall/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) ("Diguang" or the "Company") today announced plans for its subsidiary Diguang Electronics to participate in the COMPUTEX TAIPEI exhibition, being held June 2 through June 6, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )
The Company will present its ultra-slim LED monitors in 19-inch and 22-inch formats, as well as its ultra-slim all-in-one PCs, ultra-slim TVs and LED lighting series products.
Visitors can view Diguang's products in the TWTC Nangang Upper Exhibition Hall at the Taipei International Trading Center, booths N1125, N1127 and N1129. To view Diguang's booth at COMPUTEX TAIPEI exhibition, please visit: http://www.diguangintl.com/Computex2009.jsp .
Organized by TAITRA (Taiwan External Trade Development Council) and the Taipei Computer Association (TCA), COMPUTEX TAIPEI 2009 has over 10,000 buyers registered to attend.
Diguang's CEO, Song Yi, commented: "As the world's leading ICT procurement platform, COMPUTEX TAIPEI 2009 provides our company with a truly world-class showcase. We look forward to acquainting exhibition attendees with a wide range of our products, which are at the forefront of cost-efficient, energy-saving LED display technologies, integrated solutions and general lighting innovations."
About COMPUTEX TAIPEI
COMPUTEX TAIPEI has become the largest computer exhibition in Asia and the second largest in the world, next to CeBIT in Germany. Each year, key global businesses come to this event to launch their new products. Since a large portion of the businesses in the world have research and deployment centers or production facilities in Taiwan, this exhibition attracts observers, analysts, and journalists of computer and information industries from all over the world to discover and report the latest technologies, developments, and trends. For more information, please visit http://www.computextaipei.com.tw/index.shtml .
About Diguang International Development Co., Ltd.
Through its subsidiaries, Diguang International develops and produces CCFL and LED backlights for a wide range of TFT-LCD products. A backlight is the typical light source of a liquid crystal display (LCD), with applications spanning televisions, computer monitors, cellular phones, digital cameras, DVDs and other home appliances. Leveraging its LED expertise, the Company also creates and markets energy-saving technologies and solutions for rapidly growing markets such as LED backlight monitors and LED general lighting.
Safe Harbor Statements
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: prospective success of the Company's participation in trade fairs, prospective success of new and existing products, business conditions in China and globally; weather and natural disasters; legislative or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.
For more information, please contact:
Company Contact:
Viola Tse
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Ed Job, Account Manager
CCG Investor Relations
Tel: +1-646-213-1914
Web: http://www.ccgirasia.com
SOURCE Diguang International Development Co., Ltd.
----------------------------------------------
Company Contact: Viola Tse of Diguang International Development Co.
Ltd.
+1-626-593-5486; Investor Relations Contact: Ed Job
Account Manager of CCG Investor Relations
+1-646-213-1914
Diguang International Announces Results for the First Quarter Ended March 31, 2009
May 18, 2009 7:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesSHENZHEN, China, May 18 /PRNewswire-Asia-FirstCall/-- International Development Co., Ltd. (OTC Bulletin Board: DGNG) ("Diguang" or the "Company") today announced financial results for the first quarter ended March 31, 2009 of the Company's 2009 fiscal year.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )
"We have seen some industry analysis suggesting that the backlight segment may experience some recovery in fiscal year 2009," commented Song Yi, President and Chief Executive Officer of Diguang. "Meanwhile, we are working proactively to build sales for high-value products such as LCD modules, ultra-slim LED monitors that we launched our 19" version commercially in March 2009, and general LED lighting solutions. These three newer product lines contributed $832,000 to first-quarter revenues, or 13.9% of total quarterly sales. Our product mix has shifted to consisting primarily of LED products for the first time, in anticipation of the expectation for LED technologies to supplant CCFL in coming years. We are well positioned for a turnaround in our backlight business when it occurs, with manufacturing resources strategically located in all three of China's top regions for electronics manufacturing."
Highlights for the three months Ended March 31, 2009
Net revenue totaled approximately $6.0 million for the three months ended March 31, 2009, a decrease of $10.2 million, or 63%, compared to $16.2 million for the three months ended March 31, 2008.
Cost of sales was $5.4 million for the three months ended March 31, 2009, a decrease of $8.2 million, or 60%, compared to $13.6 million for the three months ended March 31, 2008.
Gross profit for the three months ended March 31, 2009 totaled $621,000, or 10.4% of net sales, compared to gross profit of $2.6 million, or 16.3% of net sales, for the same period of 2008, and compared to negative gross profit in the fourth quarter of 2008. Negative impact on the Company's first-quarter gross margin included incurrence of overhead costs despite lower sales. To account for cost of sales, which for some products exceeded their net realizable value, the Company made a provision for inventories, amounting to $238,000, or 4% of net sales, for the 2009 first quarter, compared to no such provision in the first quarter of 2008.
Operating expenses totaled approximately $2.0 million for the 2009 first quarter, a year-over-year decrease of 5.7%. As a percentage of net sales, first-quarter 2009 total operating expenses amounted to 32.6%, compared to fourth-quarter 2008 operating expenses at 12.8% of net sales.
First-quarter selling expenses increased by 2.6% year over year to $418,000. In support of new product initiatives, research and development expenses increased by approximately 27.9% to $406,000. Quarterly general and administrative expenses declined 16.2% year over year to $1.1 million.
The Company's net loss during the three months ended March 31, 2009 was $1.2 million, compared to net income of $299,000 for the three months ended March 31, 2008.
The loss per basic and diluted share was $(0.05) for the three months ended March 31, 2009, compared with earnings per share of $0.01 for the three months ended March 31, 2008.
Excluding non-cash items, net loss for the first quarter of fiscal 2009 on a non-GAAP basis would have been $725,936, or $(0.03) per share. Excluding non-cash items, net income for the first quarter of 2008 on a non-GAAP basis would have been $991,718, or $0.04 per share. Please see the reconciliation table below.
As of March 31, 2009, Diguang had cash and cash equivalents of $10.3 million and working capital of $7.1 million. Shareholders' equity totaled $25.9 million.
Reconciliation of GAAP Net Income and Earnings per Share to Non-GAAP Net
Income and Earnings per Share
Quarter ended March 31,
2008 2009
GAAP net income (loss) $298,810 $(1,246,284)
Non-cash items:
Depreciation 500,020 427,287
Inventory provision 53,763 (21,068)
Loss on disposing assets -- 14,039
Share-based compensation 139,125 100,090
Non GAAP net income (loss) $991,718 $(725,936)
GAAP net income (loss) per share 0.01 (0.06)
Non-cash items:
Depreciation 0.02 0.02
Inventory provision 0.00 0.00
Loss on disposing assets 0.00 0.00
Share-based compensation 0.01 0.01
Non GAAP net income (loss) per share 0.04 (0.03)
Weighted average shares outstanding -
basic and diluted 22,328,311 22,072,000
Use of Non-GAAP Financial Measures
Effective January 1, 2006, the Company adopted Statement of Financial Accounting Standards (SFAS) No. 123R, which requires the Company to begin recognizing compensation expense relating to stock-based payment transactions. To supplement the Company's condensed consolidated financial statements presented on a GAAP basis, the Company provides non-GAAP financial information. The Company's management believes that these non-GAAP measures provide investors with a better understanding of how the results relate to the Company's historical performance. The additional non-GAAP information is not meant to be considered in isolation or as a substitute for GAAP financials. The non-GAAP financial information that the Company provides also may differ from the non-GAAP information provided by other companies.
Most Recent Events
In March 2009, Diguang announced the commercial launch of its new ultra- slim 19" LED computer monitors in several major cities spanning all the most heavily populated regions in China. Management believes that these products answer unmet consumers' demand and Chinese Government's mandates for affordable low-radiation, energy-saving computer monitors that the Company can market at relatively high margins.
Teleconference and Webcast Information
Management will conduct a conference call and webcast to discuss financial results for the fiscal 2009 first quarter, ended March 31, 2009 of its 2009 fiscal year. The conference call and webcast will take place at 10:30 a.m. Eastern (U.S.) time on Monday, May 18, 2009. Anyone interested in participating should call +1-866-202-0886 if calling from within the United States, or +1-617-213-8841 if calling internationally; the passcode is 47691153.
There will be a replay available until May 22, 2009. To listen to the playback, please call +1-888-286-8010 if calling within the United States, or +1-617-801-6888 if calling internationally. Please use passcode 91596852 for the replay.
The event will also be webcast live through a link on the Company's web site at http://www.diguangintl.com , and a webcast archive will be available for 90 days. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://www.earnings.com , Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents ( http://www.streetevents.com ), a password-protected event management site.
About Diguang International Development Co., Ltd.
Through its subsidiaries, Diguang develops and produces CCFL and LED backlights for a wide range of TFT-LCD products. A backlight is the typical light source of a liquid crystal display (LCD), with applications spanning televisions, computer monitors, cellular phones, digital cameras, DVDs and other home appliances. Leveraging its LED expertise, the Company also creates and markets energy-saving technologies and solutions for rapidly growing markets such as LED backlight monitors and LED general lighting.
Safe Harbor Statements
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China, weather and natural disasters, changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of backlights; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.
For more information, please contact:
Company Contact:
Viola Tse
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Ed Job, Partner
CCG Investor Relations
Tel: +1-646-213-1914
Web: http://www.ccgirasia.com/
(Financial tables follow)
DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(In U.S. Dollars)
December 31, March 31,
2008 2009
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents $15,024,363 $10,299,628
Accounts receivable, net of allowance
for doubtful accounts $655,893 and
$655,271 9,944,208 8,366,157
Inventories, net of provision
$2,081,334 and $ 2,057,130 7,285,860 8,461,214
Other receivables, net of provision
$101,020 and $ 100,968 535,493 379,679
VAT recoverable 112,842 151,091
Advance to suppliers 602,017 572,471
Deferred tax asset 28,485 28,485
Total current assets 33,533,268 28,258,725
Investment, net of impairment
$779,302 and $ 779,302 720,698 720,698
Property, plants and equipment, net 19,369,200 18,740,891
Total assets $53,623,166 $47,720,314
LIABILITIES AND EQUITY
Current liabilities:
Bank loans $4,397,215 $4,390,522
Accounts payable 15,643,476 11,633,775
Advance from customers 561,282 534,106
Accruals and other payables 2,337,800 2,071,963
Accrued payroll and related expense 626,277 510,335
Income tax payable 401,260 400,225
Amount due to related parties 674,548 681,792
Amount due to stockholders 1,005,480 914,814
Total current liabilities 25,647,338 21,137,532
Research funding advanced 644,925 643,943
Total liabilities 26,292,263 21,781,475
Equity:
Common stock, par value $0.001 per
share, 50 million shares authorized,
22,593,000 and 22,593,000 shares
issued, 22,340,700 and 22,072,000
shares outstanding 22,593 22,593
Additional paid-in capital 20,600,460 20,700,550
Non-controlling interest 2,520,704 2,481,042
Treasury stock at cost (674,455) (674,455)
Appropriated earnings 802,408 809,002
Retained earnings (443,829) (1,660,841)
Translation adjustment 4,503,022 4,260,948
Total equity 27,330,903 25,938,839
Total liabilities and equity $53,623,166 $47,720,314
(more)
DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD.
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In U.S. Dollars)
Three Months Ended March 31,
2008 2009
(Unaudited) (Unaudited)
Revenues:
Revenues, net $16,199,591 $5,999,853
Cost of sales 13,560,357 5,378,488
Gross profit 2,639,234 621,365
Selling expense 407,566 418,234
Research and development costs 317,734 406,324
General and administrative expenses 1,349,253 1,130,978
Income from operations 564,681 (1,334,171)
Interest income (expense), net (58,426) (87,446)
Investment income (loss) 28,930 500
Other income (loss) (103,390) 177,921
Income before income taxes 431,795 (1,243,196)
Income tax provision 132,985 3,088
Net income (loss) 298,810 (1,246,284)
Net income (loss) attributable to
non-controlling interest 130,080 (35,866)
Net income (loss) attributable to
common shares $168,730 $(1,210,418)
Weighted average common shares
outstanding - basic 22,328,311 22,072,000
Earnings per share - basic 0.01 (0.05)
Weighted average common shares
outstanding - diluted 22,328,311 22,072,000
Earning per shares - diluted 0.01 (0.05)
Other comprehensive income (loss):
Net income (loss) 298,810 (1,246,284)
Translation adjustment 1,198,986 (245,869)
Comprehensive income (loss) 1,497,796 (1,492,153)
Comprehensive income(loss)
attributable to non-controlling
interest 190,882 (39,661)
Comprehensive income attributable to
common shares $1,306,914 $(1,452,492)
DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD.
CONSOLIDATED STATEMENTS OF CASH FLOWS
Increase (Decrease) in Cash and Cash Equivalents)
(In U.S. Dollars)
Three Months Ended March 31,
2008 2009
(Unaudited) (Unaudited)
Cash flows from operating activities:
Net income (loss) attributable to
common shares $168,730 $(1,210,418)
Net income (loss) attributable to
non-controlling interest 130,080 (35,866)
Total net income (loss) 298,810 (1,246,284)
Adjustments to reconcile net income
to net cash provided by (used in)
operating activities:
Depreciation 500,020 427,287
Inventory provision 53,763 (21,068)
Loss on disposing assets -- 14,039
Share-based compensation 139,125 100,090
Changes in operating assets and
liabilities:
Accounts receivable (6,031,996) 1,581,302
Inventory (1,722,400) (1,168,677)
Other receivables (219,497) 155,994
VAT recoverable 283,570 (38,258)
Prepayments and other assets (882,811) 29,694
Accounts payable 1,545,776 (3,801,009)
Accruals and other payable (587,774) (380,104)
Advance from customers 80,609 (27,290)
Taxes payable 106,541 (1,036)
Net cash provided by (used in)
operating activities (6,436,264) (4,375,320)
Cash flows from investing activities:
Purchase of fixed assets (1,065,861) (56,690)
Disposal (purchase) of marketable
securities (1,426,127) --
Disposal of fixed assets -- 13,464
Net cash used in investing activities (2,491,988) (43,226)
Cash flows from financing activities:
Stock repurchase (45,933) --
Due to related parties (76,486) (83,409)
Net cash used by financing activities (122,419) (83,409)
Effect of changes in foreign exchange
rates 807,425 (222,780)
Net increase (decrease) in cash and
cash equivalents (8,243,246) (4,724,735)
Cash and cash equivalents, beginning
of the period 16,250,727 15,024,363
Cash and cash equivalents, end of the
period $8,007,481 $10,299,628
SOURCE Diguang International Development Co., Ltd.
----------------------------------------------
Diguang International Development Co.
Ltd.
Viola Tse
+1-626-593-5486 or CCG Investor Relations
Ed Job
Partner
+1-646-213-1914 for Diguang International Development Co.
Ltd.
Diguang International to Display Wide Range of LED General Lighting Innovations at LIGHTFAIR
May 4, 2009 8:20:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesSHENZHEN, China, May 4 /PRNewswire-Asia-FirstCall/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) today announced its plans to participate in LIGHTFAIR INTERNATIONAL. The world's largest architectural and commercial lighting trade show and conference is being held at the Jacob K. Javits Convention Center, 655 West 34th Street, New York City, from May 5 to May 7, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )
Diguang's products on display at booth No. 366 are its most popular LED general lighting innovations, including its newest LED down lights, panel lights, grid lights, street lights and tube fixtures.
According to market research firm Strategies Unlimited, the high- brightness LED market is expected to reach $8.3 billion in 2010, well over twice the level of 2005, with market growth driven by emerging applications such as illumination, automotive headlamps, and backlights for LCD monitors and TV screens.
Diguang's CEO, Song Yi, commented: "We have extensive experience in engineering LED backlights for a wide range of demanding OEM applications, which has positioned us favorably to compete successfully on both indoor and outdoor LED lighting projects in China. In support of the Chinese government's significant initiatives to promote LED lighting adoption, we are working to establish a technology leadership position in general LED lighting. Significant technology breakthroughs are still ahead in this energy-saving and environmentally sound next-generation area of lighting technology, and we believe we can make fundamental contributions. We look forward to acquainting LIGHTFAIR attendees from around the world with our expertise and capabilities across the entire spectrum of LED lighting applications."
About LIGHTFAIR INTERNATIONAL
Now in its 20th year as the world's largest annual architectural and commercial lighting trade show and conference, LIGHTFAIR(R) INTERNATIONAL blends continuing education courses with innovative products ranging from high-end design to cutting-edge technology.
About Diguang International Development Co., Ltd.
Through its subsidiaries, Diguang International develops and produces CCFL and LED backlights for a wide range of TFT-LCD products. A backlight is the typical light source of a liquid crystal display (LCD), with applications spanning televisions, computer monitors, cellular phones, digital cameras, DVDs and other home appliances. Leveraging its LED expertise, the Company also creates and markets energy-saving technologies and solutions for rapidly growing markets such as LED backlight monitors and LED general lighting.
Safe Harbor Statements
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward- looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: prospective success of the Company's participation in trade fairs, prospective success of new and existing products, business conditions in China and globally; weather and natural disasters; legislative or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.
For more information, please contact:
Company Contact:
Viola Tse
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Sean Collins, Senior Partner
CCG Investor Relations
Tel: +1-310-477-9800 x202
Web: http://www.ccgirasia.com
SOURCE Diguang International Development Co., Ltd.
----------------------------------------------
Viola Tse
Diguang International Development Co.
Ltd. at +1-626-593-5486; or Investor Relations: Sean Collins
Senior Partner
CCG Investor Relations at +1-310-477-9800 x202
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