HARBIN, China, Nov. 6, 2014 /PRNewswire/ -- China XD
Plastics Company Limited (NASDAQ: CXDC, "China XD Plastics" or the
"Company"), one of China's leading
specialty chemical players engaged in the development, manufacture
and sale of polymer composite materials primarily for automotive
applications, today announced that it will release third quarter
2014 earnings results on Thursday, November
13, 2014.
The earnings release will be available on the investor relations
page of the Company's website (http://www.chinaxd.net) that day at
approximately 7:00 am (U.S. Eastern
Time) / 8:00 pm (China Standard
Time).
Following the release of the earnings results, China XD
Plastics' senior management will host a conference call at
8:30 am (U.S. Eastern Time) /
9:30 pm (China Standard Time) to
discuss the results.
Conference Call
The conference call may be accessed by calling +1-855-298-3404
(for callers in the U.S.), +86-4001-200-539 (for Mainland China
callers) or +852-5808-3202 (for Hong
Kong callers) and entering pass code 6910713.
A recording of the conference call will be available through
November 20, 2014, by calling
+1-866-846-0868 (for callers in the U.S.) and entering pass code
6910713.
A live webcast and replay of the conference call will be
available on the investor relations page of the Company's website
at http://www.chinaxd.net.
About China XD Plastics Company Limited
China XD Plastics Company Limited, through its wholly-owned
subsidiaries (the "Company"), develops, manufactures and sells
polymer composite materials, primarily for automotive applications.
The Company's products are used in the exterior and interior trim
and in the functional components of 25 automobile brands
manufactured in China, including
AUDI, BMW, Toyota, Buick, Mazda, and VW Passat, Golf, and Jetta.
The Company's wholly-owned research center is dedicated to the
research and development of polymer composite materials, and
benefits from its cooperation with well-known scientists from
prestigious universities in China.
As of Sept 30, 2014, 311 of the
Company's products have been certified for use by one or more of
the automobile manufacturers in China. For more information please visit
http://www.chinaxd.net.
Safe Harbor Statement
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements, including but not limited to, the Company's ability to
raise additional capital to finance the Company's activities; the
Company's and its subsidiaries' ability to fully perform all of
their obligations under the Notes transaction and other contractual
obligations applicable to them; the effectiveness, profitability,
and the marketability of its the ongoing mix shift to more advanced
products; legal and regulatory risks; the Company's ability to
execute its growth strategy and the effectiveness of its marketing
strategy; the future trading of the common stock of the Company;
the Company's ability to operate as a public company; the period of
time for which its current liquidity will enable the Company to
fund its operations; the Company's ability to protect its
proprietary information; general economic and business conditions;
the volatility of the Company's operating results and financial
condition; the Company's ability to attract or retain qualified
senior management personnel and research and development staff; and
other risks detailed in the Company's filings with the Securities
and Exchange Commission and available on its website at
http://www.sec.gov. These forward-looking statements involve known
and unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the
Company and the industry. The Company undertakes no obligation to
update forward-looking statements to reflect subsequent occurring
events or circumstances, or to changes in its expectations, except
as may be required by law. Although the Company believes that the
expectations expressed in these forward looking statements are
reasonable, it cannot assure you that its expectations will turn
out to be correct, and investors are cautioned that actual results
may differ materially from the anticipated results.
Contacts:
China XD Plastics
Mr. Taylor
Zhang, CFO (New York)
Phone: +1 (212) 747-1118
Email: cxdc@chinaxd.net
ICR LLC
Mr. Gary Dvorchak, CFA (Beijing)
China: +86 (10) 6583-7500
US: +1 (310) 954-1123
Email: gary.dvorchak@icrinc.com
SOURCE China XD Plastics Company Limited