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996

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Alias Born 11/09/2007

996

Re: None

Wednesday, 11/18/2009 10:10:37 AM

Wednesday, November 18, 2009 10:10:37 AM

Post# of 8313
In the last PR Jiangbo states that the Hongrui facility will be back in full production by the end of April 2010. In their PR on the annual numbers they stated Dec 2009. Maybe the conference call will make clear why this delay has occured.

"In order to expand production of these products while ensuring strict quality controls, the Company is currently in the process of renovating Hongrui's facilities, with a budget of $3.0 million to $4.0 million. It is expected that Hongrui will resume production in October for certain products lines and that all lines will be back in production by the end of December 2009."

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