DALIAN, China, June 08, 2011 /PRNewswire-Asia/ -- China Sun
Group High-Tech Co. (OTC Bulletin Board: CSGH) ("China Sun Group"
or the "Company"), a vertically integrated supplier of raw
materials for rechargeable Lithium-ion (Li-ion) batteries in
China, today announced that the
Company has begun a program designed to further improve the
transparency and effectiveness of its relationship with the
investment community.
The Company plans to launch a new website by the end of
July 2011. The website will contain
new information valuable for investors that will include corporate
video footage allowing investors to see the Company's new Lithium
Iron Phosphate production lines that were completed in June.
Video footage will also contain conversations with customers
whose rapid growth is being supported by high quality product
delivered by the Company and conversations with management with
regard to the Company's business and strategy.
The Company also welcomes bona fide investors to visit its
operations and see the business for themselves.
Assisting the Company in its future investor relations efforts
will be CCG Investor Relations, the largest advisor to China-based, US-quoted small capitalization
companies.
"We are looking forward to the opportunity to distinguish
ourselves within the investment community for the openness and
clarity of our communication," said Mr. Guosheng Fu, CEO of China Sun Group. "Many
investors have come to expect very high standards of corporate
disclosure and we plan to meet those expectations."
About China Sun Group High-Tech Co.
China Sun Group High-Tech Co. ("China Sun Group") produces anode
materials used in lithium ion batteries. Through its wholly-owned
operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd
("DLX"), the Company primarily produces cobaltosic oxide and
lithium ion phosphate. According to the China Battery Industry
Association, DLX has the second largest cobalt series production
capacity in the People's Republic of
China. Through its research and development division, DLX
owns a proprietary series of nanometer technologies that supply
state-of-the-art components for advanced lithium ion batteries.
Leveraging its state-of-the-art technology, high-quality product
line and scalable production capacity, the Company diversified into
the manufacture of LIP and plans to forward integrate to
manufacture power Li-ion batteries. For more information,
visit http://www.china-sun.cn.
Safe Harbor Statement
The statements contained herein that are not historical facts
are considered "forward-looking statements." Such forward-looking
statements may be identified by, among other things, the use of
forward-looking terminology such as "believes," "expects," "may,"
"will," "should," or "anticipates" or the negative thereof or other
variations thereon or comparable terminology, or by discussions of
strategy that involve risks and uncertainties. In particular,
statements regarding the Company's expected growth in sales of LIP
due to China's expanding new
energy automobile industry are examples of such forward-looking
statements. The forward-looking statements include risks and
uncertainties, including, but not limited to, the effect of
political, economic, and market conditions and geopolitical events;
legislative and regulatory changes that affect our business; the
availability of funds and working capital; the actions and
initiatives of current and potential competitors; investor
sentiment; and our reputation. We do not undertake any
responsibility to publicly release any revisions to these
forward-looking statements to take into account events or
circumstances that occur after the date of this report.
Additionally, we do not undertake any responsibility to update you
on the occurrence of any unanticipated events, which may cause
actual results to differ from those expressed or implied by any
forward-looking statements. The factors discussed herein are
expressed from time to time in our filings with the Securities and
Exchange Commission available at http://www.sec.gov.
Company Contact:
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Mr. Guosheng Fu, Chief Executive
Officer
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China Sun Group High-Tech
Co.
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Tel: 86 411 8288 9800/8289 2736
(China)
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Email: ir@china-sun.cn
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Website: www.china-sun.cn
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Investor Relations
Contact:
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Mr. Mark Collinson,
Partner
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CCG Investor
Relations
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Tel: 310-954-1343
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Email: mark.collinson@ccgir.com
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Website: www.ccgirasia.com
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SOURCE China Sun Group High-Tech Co., Ltd.