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EX-99.1 - Shengkai Innovations, Inc. | v197886_ex99-1.htm |
8-K - Shengkai Innovations, Inc. | v197886_8k.htm |
Exhibit
99.2
Shengkai
Innovations to Report Fourth Quarter and FY 2010 Results on September
29th
TIANJIN,
China, Sep. 27 /PRNewswire-Asia-FirstCall/ — Shengkai Innovations, Inc. (Nasdaq:
VALV; "Shengkai Innovations" or the "Company"), a leading ceramic valve
manufacturer in the People's Republic of China (the "PRC"), today announced that
the Company will report fourth quarter and fiscal year 2010 financial results
before the market opens on September 29th.
The
Company will host a conference call, to be simultaneously webcasted, on
Wednesday, September 29th, 2010 at 8:00 a.m. Eastern Daylight Time / 8:00 p.m.
Beijing Time. Interested parties may participate in the conference call by
dialing 800-870-0816 (China), +1-866-242-1388 (North America) or +852-2759-8661
(International) approximately five to ten minutes before the call start time. A
live Web cast of the conference call will be available at http://tinyurl.com/VALV-Q4-FY2010-Conference-Call
.
About
Shengkai Innovations, Inc.
Shengkai
Innovations is engaged in the design, manufacture and sale of ceramic valves,
high-tech ceramic materials and the provision of technical consultation and
related services. The Company's industrial valve products are used by companies
in the electric power, petrochemical and chemical, metallurgy, and other
industries as high-performance, more durable alternatives to traditional metal
valves. The Company was founded in 1994 and is headquartered in Tianjin, the
PRC.
The
Company is one of the few ceramic valve manufacturers in the world with research
and development, engineering, and production capacity for structural ceramics
and is the only valve manufacturer in China that is able to produce large-sized
ceramic valves with calibers of 6" or more. The Company's product portfolio
includes a broad range of valves that are sold throughout the PRC, to Europe,
North America, United Arab Emirates, and other countries in the Asia-Pacific
region. The Company has over 400 customers, and is the only ceramic valve
supplier qualified to supply SINOPEC. The Company also became a member of the
PetroChina supply network in 2006.
Safe
Harbor Statements
Under the
Private Securities Litigation Reform Act of 1995: Any statements set forth above
that are not historical facts are forward-looking statements that involve risks
and uncertainties that could cause actual results to differ materially from
those in the forward-looking statements. Such factors include, but are not
limited to, the effect of political, economic, and market conditions and
geopolitical events, legislative and regulatory changes, the Company's ability
to expand and upgrade its production capacity, the actions and initiatives of
current and potential competitors, and other factors detailed from time to time
in the Company's filings with the United States Securities and Exchange
Commission and other regulatory authorities. All forward-looking statements
attributable to the Company or to persons acting on its behalf are expressly
qualified in their entirety by these factors other than as required under the
securities laws. The Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
For more
information, please contact:
Shengkai
Innovations, Inc.
David Ming He
Chief Financial Officer
Phone: +86-22-5883-8509
Email: ir@shengkai.com
Web: http://www.shengkaiinnovations.com