Fuwei Films Announces Adjournment of Annual General Meeting to September 23, 2010
16 Setembro 2010 - 6:00PM
Marketwired
Fuwei Films (Holdings) Co. Limited (NASDAQ: FFHL), a manufacturer
and distributor of high-quality BOPET plastic film located in
China, today announced that its 2010 Annual General Meeting ("AGM")
of shareholders, originally scheduled to be held on September 16,
2010 at 9:00 a.m. (EDT) was adjourned this morning for lack of a
quorum in accordance with the Company's Articles of Incorporation.
The AGM was adjourned to provide the Company with additional
time to solicit proxies from its shareholders to establish the
requisite quorum for the conduct of business at the AGM. During the
pendency of the adjourned meeting, shareholders are encouraged to
vote on the matters to be considered at the AGM. Shareholders may
also change their vote by executing a new proxy.
The AGM has been adjourned to September 23, 2010 9:00a.m. (EDT)
at 825 Third Avenue, 18th Floor, New York, New York 10022. 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 adjourned meeting. Beneficial owners of the Company's
ordinary shares are welcome to attend the adjourned meeting in
person.
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.
For more information about the Company, please visit the
Company's website at http://www.fuweiholdings.com.
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.
Any such forward-looking statements involve risk and uncertainties
that could cause actual results to differ materially from any
future results described by the forward-looking statements. 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. 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.
The forward-looking statements included in this press release
are subject to risks, uncertainties and assumptions about our
businesses and business environments. These statements reflect our
current views with respect to future events and are not a guarantee
of future performance. Actual results of our operations may differ
materially from information contained in the forward-looking
statements as a result of risk factors some of which are include,
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.
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@grayling.com
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