BEIJING, Aug. 24 /PRNewswire-Asia-FirstCall/ -- Fuwei
Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei" or the
"Company"), a manufacturer and distributor of high-quality BOPET
plastic films in China, today
announced that it will hold its 2010 Annual General Meeting ("AGM")
of shareholders at 825 Third Avenue, 18th Floor, New York, New York 10022 on September 16, 2010 at 9:00
a.m. (EDT). Holders of record of ordinary shares of the
Company at the close of business on July 30,
2010 are entitled to receive notice of and attend the AGM or
any adjournment or postponement thereof. Beneficial owners of the
Company's ordinary shares are welcome to attend the meeting in
person.
The notice of the AGM is available on the Investor Relations
section of the Company's website at http://www.fuweiholdings.com .
Fuwei has filed its annual report on Form 20-F, including its
audited financial statements for the fiscal year ended December 31, 2009, with the U.S. Securities and
Exchange Commission. Fuwei's Form 20-F can be accessed on the
above-mentioned website, as well as on the SEC's website at
http://www.sec.gov . Shareholders may request a hard copy of the
Company's annual report, free of charge, by contacting Investors
Relations by email at fuweiIR@fweifilms.com or
leslie.wolf-creutzfeldt@grayling.com.
About Fuwei
Fuwei conducts its business through its wholly owned subsidiary,
Shandong Fuwei Films Co., Ltd. ("Shandong Fuwei"). 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 both the short and
long-term effects of the global financial crisis on the Company and
the BOPET film industry; 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 more information, please contact:
In China:
Ms. Maggie Huang
Investor Relations Manager
Phone: +86-10-6852-2612
Email: fuweiIR@fuweifilms.com
In the U.S.:
Ms. Leslie Wolf-Creutzfeldt
Investor Relations
Grayling
Phone: +1-646-284-9472
Email: leslie.wolf-creutzfeldt@us.grayling.com
SOURCE Fuwei Films (Holdings) Co. Ltd.
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