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WUHAN, China, Nov. 14 /Xinhua-PRNewswire-FirstCall/ -- Wuhan General Group,
Inc. (Nasdaq: WUHN) today announced that management will be participating in
the Roth China Comes to Vegas Conference at the Wynn Hotel in Las Vegas, NV on
November 19-21, 2008. Management's participation will consist of a
presentation scheduled for Thursday, November 20, 2008, at 4:00pm local time
as well one-on-one meetings with investors.
Institutional investors who are interested in attending should contact
their respective institutional sales representative at Roth Capital Partners.
About Wuhan General
Wuhan General designs, manufactures, and distributes industrial blowers
and turbines. Blowers are used in a variety of applications where large
amounts of air have to be moved. Examples include electricity generation, air
pollution control, and ventilation and aeration in subways and vehicular
tunnels, mines, and sewage treatment facilities. The Company's steam and water
turbines are used for electricity generation in coal, oil, nuclear, and
hydroelectric power plants. The Company is located in Wuhan, China, a major
industrial city of 8 million people strategically located in the south-central
part of China.
Safe Harbor Statement
Certain statements in this press release, including statements regarding
future demand for our products, future raw material costs and our future
financial performance, may be forward-looking in nature or "forward-looking
statements," as defined by the Private Securities Litigation Reform Act of
1995. Such forward-looking statements involve known and unknown risks and
uncertainties, including all business uncertainties relating to vulnerability
of our business to general economic downturn, operating in the People's
Republic of China (PRC) generally and the potential for changes in the laws of
the PRC that affect our operations, our failure to meet or timely meet
contractual performance standards and schedules and other factors that may
cause actual results to be materially different from those described in such
forward-looking statements. Certain of these risks and uncertainties are or
will be described in greater detail in our filings with the Securities and
Exchange Commission. These forward-looking statements are based on Wuhan
General's current expectations and beliefs concerning future developments and
their potential effects on the Company. There can be no assurance that future
developments affecting Wuhan General will be those anticipated by the Company.
Wuhan General undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as may be required under applicable securities laws.
For more information, please contact:
Haiming Liu
CFO
Wuhan General Group
Tel: +86-27-5970-0067
Dan Joseph
ICR, Inc.
Tel: +86-21-6122-1077
Bill Zima
ICR Inc. (US)
Phone: +1-203-682-8200
SOURCE Wuhan General Group, Inc.
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