China Wonder Limited
30 March 2007
China Wonder Limited
('China Wonder' or the 'Company')
Share Issue, Board Appointment and Sales Update.
On the 23 February 2007 the Company announced the purchase of Wonder Equipment
Ltd. As a result of the acquisition the Company has issued shares to 3 parties:
• Hailin Liang 1,375,000 shares, representing approximately 7.6%
of the entire issued share capital of the Company.
• Jianxin Fei 1,375,000 shares, representing approximately 7.6%
of the entire issued share capital of the Company.
• Qingdong Zeng 2,750,000 shares 15.2%. This brings the total number
of shares owned by Mr Zeng 3,759, 000 representing approximately 20.88% of
the entire issued share capital.
Application will be made to have the shares admitted to trading on AIM.
On March 27th 2007 Mr.Zeng was appointed to the Board of China Wonder Ltd.
Mr Zeng ,44, is married with a son.
Mr Zeng is an Engineer and a Director of the following companies;
• Jinzhou Wonder Auto Suspension System Ltd.
• Jinzhou Wonder-Friend Mechanical Parts Co.Ltd.
• Jinzhou Wonder Machinery Equipment Ltd
• Jinzheng Auto Safety System Holding Co.Ltd
There is no other information that requires to be disclosed in respect of Mr
Zeng's appointment in accordance with paragraph (g) of Schedule Two of the AIM
rules for Companies.
In addition Mr Zeng has been granted' Expert' status by the Government which
entitles him to a special stipend.
The Board welcomes Mr Zeng and is confident that his knowledge and experience of
the sector and market will be of great benefit to the Company.
Sales Update
Despite subdued demand within China as a whole, the Company is pleased to
announce that it is continuing to receive new orders from Europe.
The Company is shipping two machines to Belgium in the next ten days and has
received confirmation of a further order to Spain.
Following this the Directors will be attending the machinery exhibition in
Birmingham in May as part of an ongoing effort to strengthen distribution in
Europe.
The company expects to publish its accounts for the year ended 31st December
2006 in May.
Enquiries:
China Wonder Limited
Mark Chapman
07951 760 134
Corporate Synergy Plc
John Wakefield / Mike Coe
0117 933 0020
Investrad Ltd
Kris McGuire
0207 953 4063
This information is provided by RNS
The company news service from the London Stock Exchange