1. What is Lihua's business?
Lihua International manufactures and sells four major types of products: copper anode, pure copper wire, pure copper rod, and copper-clad aluminum wire (CCA) wire. Our refined copper products segment, which includes copper anode, pure copper wire and pure copper rod products, is produced from refined scrap copper utilizing our proprietary copper recycling and cleaning technology and process. The recycling production process involves the fire refining of bulk recycled copper into high purity, low-oxygen content copper products, which is generally more cost effective for our customers than products manufactured from newly mined copper. In addition, the Company is capable of producing copper replacement products at 99.97% purity, which exceeds government and industry standards for pure copper, and is suitable for applications including power transmission, electronics and infrastructure.
2. Where is Lihua located?
Lihua’s corporate and manufacturing headquarters are located in Danyang, Jiangsu Province, the heart of China’s copper industry. Lihua has representatives in cities throughout China.
3. What is Lihua’s ticker symbol and on which exchange does it trade?
Lihua trades under the symbol “LIWA” on the NASDAQ Capital Market.
4. When was Lihua founded?
The company was founded in 1999. For more information, see the “Company Background” section on page 71 of the company’s prospectus filed on September 4, 2009.
5. In what state is Lihua incorporated?
Lihua was incorporated in the State of Delaware on January 24, 2006 under the name Plastron Acquisition Corp., and changed its name to Lihua International, Inc. on September 22, 2008.
6. What is Lihua’s dividend policy?
Lihua is committed to generating value for its shareholders and believes that special dividends provide an immediate return on investment for its shareholders. Lihua’s Board of Directors has approved the issuance of two special dividends to Lihua shareholders in the amount of $0.03 per outstanding share of Lihua common stock on the respective record dates. The first dividend is payable on January 13, 2012 to Lihua shareholders of record on December 31, 2011 and the second dividend is payable on April 13, 2012 to Lihua shareholders of record on March 31, 2012.
7. How many of the Company's shares are outstanding?
As of November 8, 2011, there were 30,032,450 shares of common stock issued and outstanding.
8. How can I purchase LIWA common stock? Does Lihua offer a direct purchase program?
Please contact a registered stockbroker to purchase shares of Lihua’s common stock. The company does not offer a direct stock purchase program.
9. When does Lihua’s fiscal year end and what are the corresponding quarter-end dates?
Lihua operates on a fiscal year that runs from January 1 to December 31. Quarter-ends are: March 31 (Q1), June 30 (Q2), September 30 (Q3) and December 31 (Q4).
10. How can I get on an e-mail list to receive Lihua press releases?
Please submit your e-mail address to lihua@tpg-ir.com.
11. How do I contact Lihua’s US investor relations firm?
Please contact:
The Piacente Group Brandi
Floberg or Lee Roth
Ph: 212-481-2050
Email: Lihua@tpg-ir.com.
12. Who is Lihua’s independent Certified Public Accountant?
Crowe Horwath (HK) CPA Limited, is Lihua's independent Certified Public Accountant.
13. Who is Lihua's outside legal counsel?
Securities counsel: Loeb & Loeb LLP, New York
Other counsel: Han Kun Law Offices, Beijing
14. How many employees does Lihua have?
As of December 31, 2010, Lihua had 290 full-time employees.
15. Who is Lihua’s transfer agent?
Corporate Stock Transfer, Inc.
3200 Cherry Creek Drive So., #430
Denver, Colorado 80209.
Ph: 303-282-4800
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