Client News

SHENZHEN, China, Aug. 17 -- Universal Travel Group (Amex: UTA) ('Universal Travel Group' or the 'Company'), a growing travel services provider in the People's Republic of China ('PRC') specializing in online and customer representative services to the travel service industry offering packaged tours, air ticketing and hotel reservation services, today announced the appointment of Mr. Philip Yizhao Zhang to the position of Chief Financial Officer and Mr. Lawrence Lee as the new Independent Director and Audit Committee Chairperson.

Q2 revenues rise 56% year-over-year to $18.4 million
Q2 GAAP net income from continuing operations was $3.2 million, or $0.23 per diluted share vs. $0.17 in Q208
Q2 Non-GAAP net income from continuing operations was $4.3 million, or $0.30 per diluted share vs. $0.17 in Q208

SHENZHEN, China, Aug. 10 -- Universal Travel Group (Amex: UTA) ('Universal Travel Group' or the 'Company'), a growing travel services provider in the People's Republic of China ('PRC') specializing in online and customer representative services to the travel service industry offering packaged tours, air ticketing and hotel reservation services, today announced that it will host a conference call at 11:00 A.M. EDT on Thursday, August 13, 2009, to discuss the Company's financial results for the second quarter of 2009.

NPCC revenue increases 36.2% year-over-year to a record $26.0 million
NPCC gross margin reaches a record 43.8%

SHANGHAI, China, Aug. 10 -- ShengdaTech, Inc. ('ShengdaTech' or the 'Company') (Nasdaq: SDTH), China's leading manufacturer of nano-precipitated calcium carbonate ('NPCC') today reported financial results for the second quarter ended June 30, 2009.

Second Quarter 2009 Highlights

NEW YORK and WEIFANG, Shandong, China, Aug. 10 -- Gulf Resources, Inc. (OTC Bulletin Board: GFRE) ('Gulf Resources' or the 'Company'), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced its financial results for the three months ended June 30, 2009.

Second Quarter Highlights
-- Net revenue was $29.6 million, a year-over-year increase of 24.5%
-- Gross profit was $13.1 million, a year-over-year increase of 35.5%
-- Gross Margin was 44.4%, compared to 40.8% in second quarter of 2008

SHENZHEN, China, Aug. 14 -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) ('Diguang' or the 'Company') today announced its financial results for the second quarter ended June 30, 2009.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )

SHENZHEN, China, Aug. 10 -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) ('Diguang' or the 'Company') today announced that it will host a conference call at 9:00 a.m. EDT on Monday, August 17, 2009, to discuss the 2009 second quarter financial results.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )

Joining Mr. Song Yi, Diguang's Chief Executive Officer, will be Mr. Keith Hor, Chief Financial Officer, Mr. Jerry Yu, Chief Operating Officer, and Ms. Elaine Ketchmere from CCG Investor Relations.

HARBIN, China, Aug. 13 -- China XD Plastics Company Ltd. ('China XD Plastics' or the 'Company'), (OTC Bulletin Board: CXDC), as the largest Chinese manufacturer engaged in the development, manufacture, and distribution of modified plastics primarily for use in automotive applications, today reported financial results for the second quarter of 2009.

Second Quarter 2009 Highlights

-- Revenue was $31.9 million, an increase of 38.2% from the second quarter of 2008
-- Gross profit was $6.7 million, an increase of 15.1% from the second quarter of 2008

HARBIN, China, Aug. 6 -- China XD Plastics Company Ltd. ('China XD Plastics' or the 'Company'), (OTC Bulletin Board: CXDC), as the largest Chinese manufacturer engaged in the development, manufacturing, and distribution of modified plastics primarily for use in automotive applications, today announced that the Company will host a conference call at 9:00 a.m. EDT on Thursday, August 13, 2009 to discuss second quarter 2009 financial results.

-- Net revenues increased 21.5% year-over-year to $13.6 million
-- Net income increased 26.2% year over year to $1.8 million, or $0.03 per diluted share

WUXI, Jiangsu, China, Aug. 17 -- China Wind Systems, Inc. (OTC Bulletin Board: CWSI), ('China Wind Systems' or the 'Company'), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, today announced its financial results for the quarter and six months ended June 30, 2009.

Second Quarter 2009 Highlights and Recent Events