Wonder Auto Technology, Inc. (fka WATG)

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WATG is taking steps to change perceptions that accounting is bad for China-based companies

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Wonder Auto Appoints PricewaterhouseCoopers as its Independent Auditor


BEIJING, Dec. 6, 2010 /PRNewswire-Asia-FirstCall/ -- On December 6th, 2010, Wonder Auto Technology, Inc. (Nasdaq:WATG - News) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical parts, automotive safety products, suspension products and engine accessories in China, after receiving the approval from the Audit Committee of the Company's board of directors, has appointed PricewaterhouseCoopers Zhong Tian CPAs Limited Company ("PWC Zhong Tian") as the Company's independent accountants for audit work for the year ending December 31, 2010 and first three 10-Qs of 2011.

Mr. Qingjie Zhao, Chairman and CEO of Wonder Auto stated that: "We would like to thank PKF-Hong Kong for its contribution to the Company for past years. Meanwhile, we are very happy to be working with PWC Zhong Tian as our independent auditor. This is another appointment since October 2010 when we appointed Morrison & Foerster LLP as our new legal counsel. We believe that these new engagements will enhance the corporation governance further."