HARBIN, China, August 5, 2014 /PRNewswire/ — China XD Plastics Company Limited (NASDAQ: CXDC, “China XD Plastics” or the “Company”), one of China’s leading specialty chemical players engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, today announced that it has scheduled its second quarter 2014 earnings release for Tuesday, August 12, 2014.
The earnings release will be available on the investor relations page of the Company’s website at http://www.chinaxd.net.
Following the release of the earnings announcement, China XD Plastics’ senior management will host a conference call on Tuesday, August 12, 2014 at 8:30 am (U.S. Eastern Time) / 5:30 am (U.S. Pacific Time) / 8:30 pm (HK/Beijing Time) to discuss its second quarter 2014 financial results.
The conference call may be accessed by calling +1-855-298-3404 (for callers in the U.S.), +86-4001-200-539 (for Mainland China callers) or +852-5808-3202 (for Hong Kong callers) and entering pass code 2535066.
A recording of the conference call will be available through August 19, 2014, by calling +1-866-846-0868 (for callers in the U.S.) and entering pass code 2535066.
A live webcast and replay of the conference call will be available on the investor relations page of the Company’s website at http://www.chinaxd.net.
About China XD Plastics Company Limited
China XD Plastics Company Limited, through its wholly-owned subsidiaries (the “Company”), develops, manufactures and sells polymer composite materials, primarily for automotive applications. The Company’s products are used in the exterior and interior trim and in the functional components of 24 automobile brands manufactured in China, including without limitation, AUDI, BMW, Toyota, Buick, Mazda, and VW Passat, Golf and Jetta. The Company’s wholly-owned research center is dedicated to the research and development of polymer composite materials, and benefits from its cooperation with well-known scientists from prestigious universities in China. As of June 30, 2014, 300 of the Company’s products have been certified for use by one or more automobile manufacturers in China. For more information, please visit http://www.chinaxd.net.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s ability to raise additional capital to finance the Company’s activities; the effectiveness, profitability, and the marketability of its products; legal and regulatory risks; the Company’s ability to execute its growth strategy and the effectiveness of its marketing strategy; the future trading of the common stock of the Company; the Company’s ability to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company’s ability to protect its proprietary information; general economic and business conditions; the volatility of the Company’s operating results and financial condition; the Company’s ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company’s filings with the Securities and Exchange Commission and available on its website at http://www.sec.gov. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
Mr. Gary Dvorchak, CFA, Senior Vice President
China XD Plastics
Ms. Sandy Qin, IR Manager (New York)