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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
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Thursday, May 22, 2008
Zongshen PEM Power Systems Inc. To Host Conference Call to Discuss the First Quarter 2008 Financial Results
Comtex
VANCOUVER, May 22, 2008 (Canada NewsWire via COMTEX) ----TSX Venture Exchange: ZPP
Zongshen PEM Power Systems Inc. ("ZPP" or "the Company") (TSXV:ZPP), today announced that it will report its financial results for the three-month period ended March 31, 2008, on Thursday, May 29, 2008 at 8:00 a.m., Eastern Standard Time (EST). The Company will also hold a conference call on the same day at 4:00 p.m., EST to discuss the financial results.
Scheduled speakers for the call include Frank Chen, Chief Financial Officer, Ali Mahdavi, Vice President of Corporate Finance and Investor Relations, and Kim Oishi, Director.
<< Date: Thursday, May 29, 2008 Time: 4:00 p.m., Eastern Standard Time Dial in number: 1-800-895-1085 (North America) or 1-785-424-1055 (International) Taped Replay: 1-800-723-5759 (North America) or 1-402-220-2662 (International) Taped Replay Available until June 12, 2008, 11:59 pm E.S.T. Live Webcast Link: www.zongshenpem.com >>
About Zongshen PEM Power Systems Inc.
Zongshen PEM Power Systems Inc. is a public company trading under the symbol ZPP on the Toronto Venture Stock Exchange. The Company is engaged in the commercialization of alternate power systems including batteries, fuel cells and solar power, for a variety of consumer and industrial applications. The Company manufactures low-cost, high quality, environmentally friendly electric motorcycles, electric bicycles and other e-vehicles in China for the domestic and international market. Zongshen PEM Power System's largest shareholder is Zongshen Industrial Group, one of China's largest manufacturers and distributors of motorcycles, engines, and power equipment.
About Zongshen Industrial Group
Zongshen Industrial Group was founded in 1992, and now consists of 30 totally or majority owned subsidiaries including Chongqing Zongshen Power Machinery Co., which is listed on the Shenzhen Stock Exchange. The Company employs in excess of 13,000 employees with assets in excess of RMB 8.4 billion Yuan. Zongshen Industrial Group implements the development strategy of related diversification within thermodynamic machinery industry. Its engine products mainly include motorcycle engines, mini-car engines, speedboat engines, and general purpose machinery. Its end products mainly include motorcycles, speedboats and other power equipment. Zongshen Industrial Group now has an annual production capacity of 2,000,000 units of motorcycles, 50,000 mini vans, 3,000,000 units of motorcycle engines, 5,000,000 units of general purpose engines, and 100,000 units of car engines. Zongshen Industrial Group has established a leading brand for motorcycles in China attracting some of the world's largest motorcycle manufacturers as joint venture partners.
SOURCE: Zongshen Pem Power Systems Inc.
Ali Mahdavi, Zongshen PEM Power Systems Inc., Vice President, Corporate Finance & Investor Relations, (416) 962-3300, 1-877-775-8734, amahdavi@zhongshenpem.com
Copyright (C) 2008 CNW Group. All rights reserved.
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