Score One to Benefit from China's Booming Auto Parts Industry
25 Julio 2007 - 7:00AM
PR Newswire (US)
HONG KONG, July 25 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc.
(OTC:SREA) (BULLETIN BOARD: SREA) announced today that according to
a recently published China Auto Parts Industry Report, 2007
(publisher: Research InChina), the revenue of China's auto parts
industry amounted to RMB527 billion (or approximately US$68
billion) in year 2006, an increase of 34.71% for a year-on-year
basis. Also, according to a separate article published by Keith
Bradsher of the New York Times on June 7, 2007, 'China's auto parts
exports have increased more than six fold in the last five years,
nearly topping US$1 billion in April and emerging as one of the
fastest-growing categories of Chinese industrial products sold
overseas. More than half of these auto parts go to the United
States; most of the rest to Europe and Japan.' 'With the potential
cooperation with Xian Bohua Machinery Electronic Co. Ltd. (
http://www.xabohua.com.cn/ ) to build a first China 'Motown in
Dalian,' we are in the right position to capitalize on the booming
auto parts industry,' delighted by Ms. Hoi-ho Kiu, Chairman and CEO
of Score One, Inc. 'We believe that this China Motown will create
tremendous business opportunities as well as economic rewards for
domestic and international auto parts and peripherals
manufactures,' she furthered. 'We look forward to finalize our
cooperation with Xian Bohua in the coming weeks.' About Xian Bohua
Machinery Electronic Co. Ltd. With over 100 well trained and
experienced staff, Xian Bohua is an expert in developing and
manufacturing antilock brake system (ABS) in China. It supplies its
ABS to over 100 vehicle models with an annual capacity exceeding
200,000 pieces. About Score One Inc. Score One Inc. is a
comprehensive investment service group and the parent company of RC
Capital Limited, a Hong Kong based corporation which business
includes financial consultation, investment and financial planning,
enterprise re-organization, public offering consultation, and
direct investment. Recreation Town is a piece of undeveloped land
located in the peninsula in Dalian, the PRC with a current market
value exceeding $75 million. Safe Harbor Information in this news
release or on this website may contain statements about future
expectations, plans, prospects or performance of Score One Inc.
that constitute forward-looking statements for purposes of the safe
harbor provisions under the Private Securities Litigation Reform
Act of 1995. The words or phrases "can be,' "expects,' "may
affect,' "believed,' "estimate,' "project,' and similar words and
phrases are intended to identify such forward-looking statements.
Score One Inc. cautions you that any forward-looking information
provided by or on behalf of Score One Inc. is not a guarantee of
future performance. None of the information on this website
constitutes an offer to sell securities or investment advice of any
kind, and visitors should not base their investment decisions on
information contained in this website. Score One Inc.'s actual
results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Score One Inc.'s control. In
addition to those discussed in Score One Inc.'s press releases,
public filings, and statements by Score One Inc.'s management,
including, but not limited to, Score One Inc.'s estimate of the
sufficiency of its existing capital resources, Score One Inc.'s
ability to raise additional capital to fund future operations,
Score One Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities and, in
identifying contracts which match Score One Inc.'s capability to be
awarded contracts. All such forward-looking statements are current
only as of the date on which such statements were made. Score One
Inc. does not undertake any obligation to publicly update any
forward-looking statement to reflect events or circumstances after
the date on which any such statement is made or to reflect the
occurrence of unanticipated events. For more information, please
contact: Investors Relation Officer Tel: +852-2251-8831 Fax:
+852-2251-8830 Email: DATASOURCE: Score One Inc. CONTACT: Investors
Relation Officer of Score One, +852-2251-8831, or fax,
+852-2251-8830, or
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