Friday, March 13, 2015 5:08:32 PM
"In 2015, we will also consider methods of increasing shareholder value," said Mr. Xiaobin Liu, the CEO of the company. "We have generated substantial free cash flow and made accretive acquisitions. We have also bought back some stock. However, we recognize our stock is highly undervalued. We ended 2014 with net cash pe r share of $3.77*, more than twice the current stock price. Our shareholders equity was $312.1 million ($8.02 per share)*. During 2015, we will consider a number of possible ways of increasing shareholder value including stock buybacks, roadshows, the possibility of dual listing on other exchanges, and etc. We value our shareholders and want to take steps that will benefit them."
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