Lihua International,(Nasdaq: LIWA)"Lihua" is, a leading Chinese producer of superfine and magnet wire, recently announced that the Company's Chairman and CEO Jianhua Zhu and CFO Roy Yu, will ring the opening bell at the NASDAQ Capital Market on Monday, October 12, 2009. The opening bell ceremony will begin at 9:20 a.m. Eastern time at the NASDAQ MarketSite in New York's Times Square and will be broadcast live on the seven-story NASDAQ tower.
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Lihua is currently ranked the No. 1 performing IPO in 2009. As of Monday, October 5, 2009, Lihua's stock price had increased 152% since its common stock began trading on the NASDAQ on September 4, 2009. "We are honored to participate in the NASDAQ opening bell ceremony," said Mr. Zhu. "We believe that our successful IPO and the subsequent listing on NASDAQ will help to increase our exposure within the U.S. investment community and further enhance shareholder value as we continue to carry out our strategic growth plans. Lihua is one of China's fastest growing companies and we look forward to sharing our exciting story with the investment community as we work to increase the company's profile among investors in the United States.” The opening bell ceremony is available from 9:20 a.m. to 9:35 a.m. on Galaxy 19 C/15, downlink frequency 4000 vertical. The feed can also be found on Ascent fiber 1623. . The feed can be found on Ascent fiber 1623 as well. Lihua International, through its two wholly-owned subsidiaries, Lihua Electron and Lihua Copper, is a leading value-added manufacturer of copper replacement products for China's rapidly growing magnet and fine wire market. Lihua is one of the first vertically integrated companies in China to develop, design, manufacture, market and distribute lower cost, high quality, alternatives to pure copper magnet wire. Lihua's products include copper-clad aluminum wire ("CCA") and recycled scrap copper wire and are sold in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries.
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