Automotive Watch: Wonder Wins European Airbag Order
December 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Wonder Auto Technology, Inc. (WATG) said that its Jinzhou Jinheng Automotive Safety System Co., Ltd, subsidiary will start to supply customized airbags to a European OEM in volume shipment in the first half of 2011.
Wonder CEO Qingjie Zhao called the move a “milestone” for the company since it signaled that the firm’s product quality, product performance and manufacturing technology, “…have been recognized by top-tier customers worldwide, which will certainly increase our future sales both domestically and internationally."
Nevada-based Wonder Auto Technology has operating subsidiaries in China primarily engaged in the business of designing, developing, manufacturing and selling automotive electric parts, automotive safety products, suspension products and engine components.
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