Fuwei Films Announces Results of its 2008 Annual Shareholders Meeting
10 Dezembro 2008 - 9:52AM
PR Newswire (US)
BEIJING, Dec. 10 /PRNewswire-Asia-FirstCall/ -- Fuwei Films
(Holdings) Co. Limited (NASDAQ:FFHL) ("Fuwei" or the "Company"), a
manufacturer and distributor of high-quality BOPET plastic film
located in China, today announced the voting results of its annual
meeting of shareholders (the "Meeting") that was held at 9:00 a.m.
Beijing time, on Wednesday, December 10, 2008, in Beijing. At the
Meeting, Mr. Changrong Ji was re-elected to serve as a member of
the Board of Directors until the next annual meeting of
shareholders. The shareholders also ratified the appointment of
Kabani & Company, Inc. as the Company's Independent Registered
Public Accounting Firm. 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 U.S. Securities and Exchange
Commission which, among other things, include 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.: The Global Consulting Group,
Leslie Wolf-Creutzfeldt, Investor Relations, +1-646-284-9472,
lwolf- for Fuwei Films (Holdings) Co. Limited
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