China Sun Group High-Tech Co. Honored with 'Leading Enterprise of 2008 China Enterprise Image' Award
December 17 2008 - 10:20AM
PR Newswire (US)
CEO Recognized as 'Leader of 2008 China Image Management' LIAONING
PROVINCE, China, Dec. 17 /PRNewswire-FirstCall/ -- China Sun Group
High-Tech Co. (OTC Bulletin Board: CSGH; "China Sun Group") which,
through its wholly-owned subsidiary, Dalian Xinyang High-Tech
Development Co. Ltd ("DLX") has the second largest cobalt series
production capacity in the People's Republic of China ("PRC"),
today announced that on December 12, 2008, DLX was awarded the
title of "Leading Enterprise of 2008 China Enterprise Image" by the
Chinese Cultural Institute of Management and China Enterprise
Management Association. This award recognizes DLX's outstanding
performance in promoting the image of enterprise management and
culture. Concurrently, Wang Bin, Chairman of DLX, was awarded the
title of "Leader of 2008 China Enterprise Image Management." "This
award plays a key role in strengthening DLX's reputation worldwide,
and provides a springboard to enter new global markets. As a result
of this esteemed recognition, we aim to work towards increasing our
market share and positioning in China's cobaltistic oxide
industry," commented Mr. Wang. "I am equally honored to be
recognized as 'Leader of 2008 China Image Management.' Both awards
complement our efforts to expand our global brand image and prepare
to launch our new products in 2009, including our latest product,
the 'Tong Tong' brand of lithium iron phosphate for the electric
automobile manufacturing market." About China Sun Group China Sun
Group High-Tech Co., ("China Sun Group") produces anode materials
used in lithium ion batteries. Through its wholly-owned operating
subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"),
the Company primarily produces cobaltosic oxide and lithium cobalt
oxide. According to the China Battery Industry Association, DLX has
the second largest cobalt series production capacity in the
People's Republic of China. Through its research and development
division, DLX owns a proprietary series of nanometer technologies
that supply state-of-the-art components for advanced lithium ion
batteries. Leveraging its state-of-the-art technology, high-quality
product line and scalable production capacity, the Company plans to
create a fully integrated supply chain from the primary
manufacturing of cobalt ore to finished products, including lithium
ion batteries. For more information, visit
http://www.china-sun.cn/. Safe Harbor Statement The statements
contained herein that are not historical facts are considered
"forward-looking statements." Such forward-looking statements may
be identified by, among other things, the use of forward-looking
terminology such as "believes," "expects," "may," "will," "should,"
or "anticipates" or the negative thereof or other variations
thereon or comparable terminology, or by discussions of strategy
that involve risks and uncertainties. In particular, statements
regarding the potential growth of the markets are examples of such
forward-looking statements. The forward-looking statements include
risks and uncertainties, including, but not limited to, the effect
of political, economic, and market conditions and geopolitical
events; legislative and regulatory changes that affect our
business; the availability of funds and working capital; the
actions and initiatives of current and potential competitors;
investor sentiment; and our reputation. We do not undertake any
responsibility to publicly release any revisions to these
forward-looking statements to take into account events or
circumstances that occur after the date of this report.
Additionally, we do not undertake any responsibility to update you
on the occurrence of any unanticipated events, which may cause
actual results to differ from those expressed or implied by any
forward-looking statements. The factors discussed herein are
expressed from time to time in our filings with the Securities and
Exchange Commission available at http://www.sec.gov/. Contact:
Thomas Yang Assistant to President China Sun Group High-Tech Co.
Tel: 1 347 368 4338 (US)/ 86 4118288 9800 (China) Email:
DATASOURCE: China Sun Group High-Tech Co. CONTACT: Thomas Yang,
Assistant to President, China Sun Group High-Tech Co.,
+1-347-368-4338 (US), +86-4118288-9800 (China), Web Site:
http://www.china-sun.cn/
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