China Trading Stocks

[RealDutch]

ABAT - Tradeable?
Depends on who you want to believe.

A letter for all loyal shareholders
2013-01-24 08:46

Dear all loyal ABAT shareholders:

I hope this letter finds you well.

First of all, on behalf of the ABAT Board of Directors, I would like to express deep gratitude for your loyalty, care and long standing support for the development of the company. Rather than being intimidated by the malicious attacks in 2011, ABAT’s board and management team have become even more determined and confident to thrive and grow our business.

Following this strategic guidance and under the strong leadership of the Board of Directors, the Company is accomplishing a healthy and steady development. In 2012, the Company integrated its resources, marketing and technology, completed the acquisition of Shenzhen ZQ which was subsequently merged with Dongguan Qianqqiang. The strengthened Dongguan Qianqqiang has gained rapid growth. We had a good performance in 2012, which will be presented in the internal audit report to shareholders.

ABAT has adjusted its organizational structure and introduced new talent to the Board of Directors in 2013. These are outstanding management talents who are vibrant, knowledgeable, and experienced. We have begun new intitiatives for the coming year. The first initiative is that, we have a new Board of Directors. Secondly, we adjusted the management team. Thirdly, we have reinforced our technical strength by bringing in a large number of new technical personnel. Our fourth intitiative is to strengthen market awareness and to capitalize on our intended market. Thus, we have formed a product marketing center. They will work tirelessly to achieve the company's set targets.

Thank you for your long standing support and patience. I will live up to all your expectations and work hard with all the staff to achieve the Company's targets. I assure you that I have the ability to lead ABAT to its brilliance once again.

Sincerely,

Zhiguo,Fu

http://abat.sys145.pkulab.com/a/English/ABOUT_US/News/Press_Releases/2013/0124/420.html

(According to "rumors" we should get a public announcement and/or SEC filing tomorrow).