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Published in House and Home on Monday, June 27th 2011 at 18:20 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
Fuwei Films is Showcased in June Issue of Forbes Low Priced Stock Report -- BEIJING, June 27, 2011 /PRNewswire-Asia-FirstCall/ --
Fuwei Films is Showcased in June Issue of Forbes Low Priced Stock Report
Newsletter uses Fundamental Analysis to Identify Under Appreciated Stocks
BEIJING, June 27, 2011 /PRNewswire-Asia-FirstCall/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: [ FFHL ]) ("Fuwei Films" or "the Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company has been profiled in the June 2011 issue of Forbes Low Priced Stock Report which identifies undervalued growth companies.
According to Marc H. Gerstein, Editor, "If there's any Chinese company where investors can really focus on fundamentals, FFHL may be it…"
Mr. Xiaoan He, Chairman and CEO, said, "Fuwei Films is pleased to be profiled in the Forbes Low Priced Stock Report. We have overcome many challenges and are focused on growing our business and providing value to our customers and investors."
More information about the Forbes Low Priced Stock Report can be found at: [ http://www.newsletters.forbes.com/DRHM/store?Action=DisplayProductDetailsPage&SiteID=es_764&Locale=en_US&Env=BASE&productID=206491700&pgm=77797300 ]
About Fuwei Films
Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong"). Fuwei Shandong develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate). Fuwei's BOPET film is widely used to package food, medicine, cosmetics, tobacco, and alcohol, as well as in the imaging, electronics, and magnetic products industries.
Safe Harbor
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to risks. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the U.S. Securities and Exchange Commission which, among other things, include both the short and long-term effects of the global financial crisis on the Company and the BOPET film industry; competition in the BOPET film industry; growth of, and risks inherent in, the BOPET film industry in China; uncertainty as to future profitability and our ability to obtain adequate financing for our planned capital expenditure requirements; uncertainty as to our ability to continuously develop new BOPET film products and keep up with changes in BOPET film technology; risks associated with possible defects and errors in our products; uncertainty as to our ability to protect and enforce our intellectual property rights; uncertainty as to our ability to attract and retain qualified executives and personnel; and uncertainty in acquiring raw materials on time and on acceptable terms, particularly in view of the volatility in the prices of petroleum products in recent years. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.
For more information, please contact: | |
In China: | |
Amy Gao | |
Investor Relations Manager | |
Phone: +86 10 68522612 | |
Email: fuweiIR[ @fuweifilms.com ] | |
In the U.S.: | |
Ms. Leslie Wolf-Creutzfeldt | |
Investor Relations | |
Grayling | |
Phone: +1-646-284-9472 | |
Email: [ leslie.wolf-creutzfeldt@grayling.com ] | |
SOURCE Fuwei Films (Holdings) Co., Ltd.
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[ http://www.fuweiholdings.com ]
[ http://www.newsletters.forbes.com/DRHM/store?Action=DisplayProductDetailsPage&SiteID=es_764&Locale=en_US&Env=BASE&productID=206491700&pgm=77797300 ]
