AutoChina International to Present at Upcoming Investment Conferences and Comments on Recent Share Price Activity
SHIJIAZHUANG, China--February 15, 2011: AutoChina International Limited (or the Company), China's largest commercial vehicle sales, servicing, leasing, and support network, today announced that the Company's Chief Financial Officer, Jason Wang, is scheduled to participate in the following investor events:
Rodman & Renshaw Annual China Investment Conference |
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Date: | March 6 - 8, 2011 | |
Location: | Le Royal Meridien Shanghai | |
Shanghai, China | ||
ROTH Capital Partners 23rd Annual OC Growth Stock Conference |
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Date: | March 13 - 16, 2011 | |
Corporate presentation on Tuesday, March 15, at 8:00 a.m. PST | ||
Location: | The Ritz Carlton | |
Dana Point, Calif. | ||
Regarding the recent decline in the Company's share price, Mr. Yong Hui Li, AutoChina's Chairman and CEO, stated, "We would like to assure investors that we are not aware of any unannounced corporate or economic developments that would account for the recent decrease in AutoChina's stock price. We are very pleased with the operations of our business and would like to emphasize that the fundamentals in our commercial vehicle finance structure remain intact. We also remain optimistic about our future prospects. Our expansion efforts are supported by a strong financial position, and we look forward to meeting with investors and announcing our fully audited 2010 fourth quarter and year-end financial results next month."