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Wonder Auto Technology Unveils New Product Models From Joint Development Programs


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JINZHOU CITY, Liaoning Province, China, March 19 /Xinhua-PRNewswire- FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that through its subsidiary, Jinzhou Halla Electrical Equipment Co., Ltd, it has developed a total of 12 new models of starters and alternators for vehicle engines ranging from 1.2 to 2.5 liter displacement.

These new models were generated from previous joint development programs with customers beginning in 2007, and these new models were custom-designed to serve the fast-growing automobile market in China. Due to rising gasoline prices in China and tighter environmental protection measures adopted by the Chinese government, Chinese engine makers and auto makers are actively developing new products to curb emissions, boost energy efficiency and improve fuel mileage.

Mr. Qingjie Zhao, Wonder Auto's CEO and Chairman, commented, "The release of these new models not only represents our strength as an OEM supplier, but also exhibits our efforts to be a competitive Original Design Maker in the industry. We are confident we can continuously leverage our R&D capabilities to introduce new products into the marketplace, and provide our customers with a full range of technological solutions for starters and alternators for their new products."

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc., through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts and suspension products. Wonder Auto was ranked second in sales revenue in the China market for automotive alternator and starter in 2006. With respective 5 different series and over 150 models of alternators, 70 models of starters and various suspension related parts, the Company supplies to a wide range of automakers, engine producers and auto parts suppliers both in domestic China and overseas. Wonder Auto's main customers include Beijing Hyundai Motor Company, Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd., Harbin Dongan Automotive Engine Manufacturing Co., Ltd., and Tianjin FAW Xiali Automotive Co., Ltd. For more information, please log on http://www.watg.cn/

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, those concerning our estimated sales and expected expansion of our production capacity as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products, product defects and any related product recall; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors and risks mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2007 and any subsequent SEC filings. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

  For further information, please contact:

   Yuechun Xie
   Investor Relations Manager
   Wonder Auto Technology, Inc.
   Tel:   +86-416-266-1186
   Email: ycxie@watg.cn

   Kevin Theiss
   Investor Relations
   The Global Consulting Group
   Tel:   +1-646-284-9409
   Email: ktheiss@hfgcg.com

   Stacy Dimakakos
   Media Relations
   The Global Consulting Group
   Tel:   +1-646-284-9417
   Email: sdimakakos@hfgcg.com