1. What is Lihua's business?
Lihua develops, designs, manufactures, markets and distributes low cost, high quality, alternatives to pure copper magnet wire for manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries and to distributors in the wire and cable industries. The company’s products include copper-clad aluminum wire (“CCA”) and recycled scrap copper wire. Primarily because of its high electrical conductivity, pure copper magnet wire is one of the fundamental building blocks in many components in a wide variety of motorized and electrical appliances such as dishwashers, microwaves and automobiles. In most instances, Lihua’s CCA and recycled scrap copper provide an excellent, less costly substitute for pure copper magnet wire.
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 has never declared or paid any cash dividends on its common stock. The company currently intends to retain any future earnings for use in the operation and expansion of its business and does not expect to pay any cash dividends in the foreseeable future, but will review this policy as circumstances dictate.
7. How many of the Company's shares are outstanding?
As of November 9, 2009 there were 24,118,183 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
Kristen McNally or Brandi Floberg
Ph: 212-481-2050
Email: Lihua@tpg-ir.com.
12. Who is Lihua’s independent Certified Public Accountant?
AGCA, Inc., is Lihua's independent Certified Public Accountant
Deloitte & Touche LLP is Lihua’s Sarbanes-Oxley 404 consultant
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 June 30, 2009, 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
|
