DIAS Holding, Inc.(fka DSHL)

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related: WATG,Wonder Auto Technology Announced Improved Revenue Guidance for 2008 & 2009
Tuesday November 4, 8:30 am ET

JINZHOU CITY, China, Nov. 4 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG - News; "Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical, suspension parts and engine accessories in China, announced improved guidance for 2008 & 2009.

The updated guidance for year 2008 reflects:
-- The projected sales revenue for 2008 will be over $150 million.

The guidance for year 2009 reflects:
-- The targeted sales revenue for year 2009 will be between $220 million
to $230 million.

"We are increasingly confident in our revenue outlook for the whole year of 2008 and 2009 as we are experiencing continuing strong demand for sales of alternator and starter products for mid- to small-displacement engines. With emphasis on research and development we are able to maintain a long-term collaborative relationship with our existing customers and win more new customers. We are also increasing sales to the international auto markets. Through our recent acquisition, we are expecting higher sales revenue for the coming years," commented Mr. Qingjie Zhao, chief executive officer of Wonder Auto.

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc., through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts, suspension products and engine accessories. Wonder Auto was ranked second in sales revenue in the China market for automotive alternator and starter in 2007. With respective 5 different series and over 150 models of alternators, 70 models of starters, various suspension and engine related parts, the Company supplies to a wide range of automakers, engine producers and auto parts suppliers both in domestic China and overseas. Wonder Auto's main customers include Beijing Hyundai Motor Company, Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co. Ltd., Harbin Dongan Automotive Engine Manufacturing Co., Ltd., and Tianjin FAW Xiali Automotive Co., Ltd, Shanghai VW and Weifang Diesel Engine. For more information, please log on to http://www.watg.cn .

http://biz.yahoo.com/prnews/081104/cntu034.html?.v=19