Asia Carbon Industries, Inc. Commences Trading
20 Dezembro 2010 - 3:37PM
Marketwired
Asia Carbon Industries, Inc. (OTCBB: ACRB) ("Asia Carbon") today
announced that its shares have begun trading as a public company
under the symbol ACRB on the OTC Bulletin Board.
Through its Shanxi, China-based, wholly-owned subsidiary,
Taiyuan HongXing Carbon Black Limited, Asia Carbon produces a
series of high quality carbon black products under the brand name
Great Double Star.
The most common use of carbon black is as a pigment and
reinforcing agent in automobile tires. It is also instrumental in
conducting heat away from the tread and belt area of a tire,
reducing thermal damage and increasing tire life. Other uses
include radar absorbent materials and toner for photocopiers and
laser printers.
Asia Carbon is one of the top ten carbon black producers in the
Shanxi province and has established relationships with a
high-profile customer base, the vast majority of which are tire
manufacturers.
Yao Guoyun, Chairman of the Board of the Company, stated,
"Having our stock trade in the United States is a significant step
for Asia Carbon Industries, Inc. We have been working diligently to
continually improve the quality of our product line and increase
our capacity, positioning Asia Carbon to participate in China's
economic growth."
Ms Yao continued, "We have established an aggressive growth
strategy for Asia Carbon, including the addition of new products
and clean, efficient production facilities. As a publicly traded
company in the US marketplace Asia Carbon will have access to the
capital we seek to implement the continued expansion of our
operation."
About Asia Carbon Industries, Inc.
Asia Carbon Industries Inc. ("ACI" or the "Company") is an
emerging, China-based producer of a series of high quality carbon
black products under the brand name "Great Double Star." The
Company was established in 2003 in Shanxi, China's highest coal
producing province. ACI is one of the top ten carbon black
producers in the province and has established relationships with a
high-profile customer base. The Company is in the process of
expanding its manufacturing capacity to meet the anticipated
demand.
This release shall not constitute an offer to sell or the
solicitation of an offer to buy. There shall be no sale of these
securities in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such State.
Safe Harbor
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding the success of our
investments, risks and uncertainties regarding fluctuations in
earnings, our ability to sustain our previous levels of
profitability including on account of our ability to manage growth,
intense competition, wage increases in China, our ability to
attract and retain highly skilled professionals, time and cost
overruns on fixed-price, fixed-time frame contracts, client
concentration, our ability to successfully complete and integrate
potential acquisitions, withdrawal of governmental fiscal
incentives, political instability and regional conflicts and legal
restrictions on raising capital or acquiring companies outside
China. Additional risks that could affect our future operating
results are more fully described in our United States Securities
and Exchange Commission filings, including our Prospectus dated
November 2, 2010, 10-Q filed on November 22, 2010, and our other
recent filings. These filings are available at www.sec.gov. We may,
from time to time, make additional written and oral forward-looking
statements, including statements contained in our filings with the
Securities and Exchange Commission and our reports to shareholders.
We do not undertake to update any forward-looking statements that
may be made from time to time by or on our behalf.
For More Information on Asia Carbon Industries, Inc., visit the
website at: http://www.asiacarbonindustries.com
For more information, please contact: Asia Carbon Industries,
Inc. Tel: +1 646-328-1502 (US) Tel: + 86 10 6505 6996 X 800 (China)
Email: info@asiacarbonindustries.com
Asia Carbon Industries (CE) (USOTC:ACRB)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Asia Carbon Industries (CE) (USOTC:ACRB)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025