China Automobile Manufacturer Exceeded Expectation -- Benefits Score One
August 24 2007 - 4:00PM
PR Newswire (US)
HONG KONG, Aug. 24 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc.
(OTC:SREA) (BULLETIN BOARD: SREA) announced today that according to
a recent article published in August by South China Morning Post,
Chery Automobile, which makes the popular QQ cars, produced its one
millionth vehicle, taking less than eight years or the shortest
time to reach the one million milestone. Chery announced that it
took about the initial six years to produce its first 500,000 cars
and only one year and a half to complete the second 500,000. "With
our inexpensive small cars, Chinese car manufacturers can help
salvage the sliding market share of global car manufacturers in
their countries," declared Ms. Hoi-ho Kiu, Chairman and CEO of
Score One, Inc. "Cooperation with global car manufacturers is
certainly welcomed for lifting China's car manufactures' skills and
technology. Again, the auto industry cannot be strong without a
mighty auto parts industry in which we intend to focus our efforts
and resources." About Xian Bohua Machinery Electronic Co. Ltd. With
over 100 well-trained and experienced staff, Xian Bohua is an
expert in developing and manufacturing antilock brake system (ABS)
in China. It supplies its ABS to over 100 vehicle models with an
annual capacity exceeding 200,000 pieces. About Score One Inc.
Score One Inc. is a comprehensive investment service group and the
parent company of RC Capital Limited, a Hong Kong based corporation
which business includes financial consultation, investment and
financial planning, enterprise re-organization, public offering
consultation, and direct investment. Currently, Score One is in
negotiation with Xian Bohua about a possible cooperation. Safe
Harbor Information in this news release or on this website may
contain statements about future expectations, plans, prospects or
performance of Score One Inc. that constitute forward-looking
statements for purposes of the safe harbor provisions under the
Private Securities Litigation Reform Act of 1995. The words or
phrases "can be," "expects," "may affect," "believed," "estimate,"
"project," and similar words and phrases are intended to identify
such forward-looking statements. Score One Inc. cautions you that
any forward- looking information provided by or on behalf of Score
One Inc. is not a guarantee of future performance. None of the
information on this website constitutes an offer to sell securities
or investment advice of any kind, and visitors should not base
their investment decisions on information contained in this
website. Score One Inc.'s actual results may differ materially from
those anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond Score One
Inc.'s control. In addition to those discussed in Score One Inc.'s
press releases, public filings, and statements by Score One Inc.'s
management, including, but not limited to, Score One Inc.'s
estimate of the sufficiency of its existing capital resources,
Score One Inc.'s ability to raise additional capital to fund future
operations, Score One Inc.'s ability to repay its existing
indebtedness, the uncertainties involved in estimating market
opportunities and, in identifying contracts which match Score One
Inc.'s capability to be awarded contracts. All such forward-looking
statements are current only as of the date on which such statements
were made. Score One Inc. does not undertake any obligation to
publicly update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events. For more
information, please contact: Investors Relation Officer Tel:
+852-2251-8831 Fax: +852-2251-8830 Email: DATASOURCE: Score One
Inc. CONTACT: Investors Relation Officer at +852-2251-8831, or
+852-2251-8830, or
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