MGCC Investment Strategies Inc. Announces Stock Split

JINZHOU, China, July 31 /Xinhua-PRNewswire-FirstCall/ -- MGCC Investment Strategies Inc. ''the Corporation'' (BULLETIN BOARD: MGIS) announced today that the Corporation has effected a 2.448719 to 1 forward stock split. The stock split was affected by way of a stock dividend of 1.448719 shares of common stock for each one share held to stockholders of record of the Corporation on July 25, 2006. The sole director of the Corporation had determined that the stock split was advisable and in the best interests of the Corporation and its shareholders.

As a result of the stock split transaction, the total outstanding shares of common stock of the Corporation have been increased to approximately 23.96 million shares.

The Corporation, through its operating subsidiary Wonder Auto Limited, is a leading manufacturer of electrical automotive parts products, specifically alternators and starters. The company's operations, located in China, serve a broad base of OEM and distributor customers located in Asia, North America and the Middle East.

Forward Looking Statements

This release contains certain ''forward-looking statements" relating to the business of the Corporation, which can be identified by the use of forward-looking terminology such as "believes", "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to reliance on a limited number of customers, market demand, cyclical nature of the vehicular markets, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on the Corporation's current expectations and beliefs concerning future developments and their potential effects on the Corporation. There can be no assurance that future developments affecting the Corporation will be those anticipated by the Corporation. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Corporation) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

  For more information, please contact:

   Mr. James H. Groh
   Tel:   +1-843-277-0024