Fuwei Films to Convene Annual Shareholders Meeting On December 21 in New York City
12 Dezembro 2007 - 12:00PM
PR Newswire (US)
BEIJING, Dec. 12 /Xinhua-PRNewswire-FirstCall/ -- Fuwei Films
(Holdings) Co. Limited (NASDAQ:FFHL) (the "Company"), a
manufacturer and distributor of high-quality BOPET plastic film
located in China, today announced the convening of its Annual
Meeting of the Company's shareholders (the "Meeting") on Friday,
December 21, 2007, in New York City. The Meeting will take place at
the Marriott East Side Hotel, located at 525 Lexington Avenue, New
York, New York, beginning at 9 a.m. EST. The close of business on
October 30, 2007 has been fixed as the record date for the
determination of shareholders entitled to vote at the Meeting.
Items on the agenda include the elections of new directors and
ratification of independent accountants, and discussion of other
business matters which may properly come before the meeting. The
meeting will also mark the first anniversary of Fuwei's Initial
Public Offering, which was completed on the Nasdaq Global Market in
December 2006. About Fuwei Films Fuwei Films conducts its business
through its wholly owned subsidiary Shandong Fuwei Films Co., Ltd.
Shandong Fuwei develops, manufactures and distributes high-quality
plastic films using the biaxial oriented stretch technique,
otherwise known as BOPET film (biaxially oriented polyethylene
terephthalate). Fuwei's BOPET film is widely used to package food,
medicine, cosmetics, tobacco and alcohol, as well as in the
imaging, electronics, and magnetic products industries. Safe Harbor
This press release contains information that constitutes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
and are subject to risks. Risk factors that could contribute to
such differences include those matters more fully disclosed in the
Company's reports filed with the Securities and Exchange Commission
some of which are among other things, competition in the BOPET film
industry; growth of, and risks inherent in, the BOPET film industry
in China; uncertainty as to future profitability and our ability to
obtain adequate financing for our planned capital expenditure
requirements; uncertainty as to our ability to continuously develop
new BOPET film products and keep up with changes in BOPET film
technology; risks associated with possible defects and errors in
our products; uncertainty as to our ability to protect and enforce
our intellectual property rights; uncertainty as to our ability to
attract and retain qualified executives and personnel; and
uncertainty in acquiring raw materials on time and on acceptable
terms, particularly in view of the volatility in the prices of
petroleum products in recent years. The forward-looking information
provided herein represents the Company's estimates as of the date
of the press release, and subsequent events and developments may
cause the Company's estimates to change. The Company specifically
disclaims any obligation to update the forward-looking information
in the future. Therefore, this forward-looking information should
not be relied upon as representing the Company's estimates of its
future financial performance as of any date subsequent to the date
of this press release. Actual results of our operations may differ
materially from information contained in the forward-looking
statements as a result of the risk factors. For further
information, please contact: In China: Christina He Investor
Relations Tel: +86-10-8518-5620 Email: In the U.S.: Leslie
Wolf-Creutzfeldt Investor Relations The Global Consulting Group
Tel: +1-646-284-9472 Email: DATASOURCE: Fuwei Films (Holdings) Co.
Limited CONTACT: In China: Christina He, Investor Relations,
+86-10-8518-5620, or ; In the U.S.: Leslie Wolf-Creutzfeldt,
Investor Relations, The Global Consulting Group, +1-646-284-9472l,
or , both for Fuwei Films (Holdings) Co. Limited
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