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Wonder Auto Technology Reports Results of the 2008 Annual Meeting of Stockholders


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JINZHOU CITY, China, -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced the results of its 2008 Annual Meeting of Stockholders held on Friday, June 20, 2008 in Beijing.

At the annual meeting, Mr. Qingjie Zhao, Wonder Auto's Chairman and Chief Executive Officer, Mr. Meirong Yuan, the Company's Chief Financial Officer and Treasurer, Mr. Larry Goldman, Mr. David Murphy, and Mr. Xingye Zhang, were all re-elected to the Board of Directors. Also at the annual meeting, the Wonder Auto Technology, Inc. 2008 Equity Incentive Plan was approved by shareholders, and PFK Hong Kong, Certified Public Accountants, was approved as the Company's independent registered public accounting firm.

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto, 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 alternators and starters in 2006. With 5 different series and over 150 models of alternators, 70 models of starters and various suspension related parts, the Company supplies 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.