BNET Industries

Market Cap:$255.3M
Last Fiscal Year Sales:$141.1M
  • Public
Dow Jones Description

Wonder Auto Technology, Inc. is a Nevada holding company whose China-based operating subsidiaries, Jinzhou Halla Electrical Equipment Co., Ltd. ("Jinzhou Halla"), Jinzhou Dongwoo Precision Co., Ltd. ("Jinzhou Dongwoo"), Jinzhou Wanyou Mechanical Parts Co., Ltd. ("Jinzhou Wanyou"), Jinzhou Hanhua Electrical System Co., Ltd. ("Jinzhou Hanhua"), Jinzhou Karham Electrical Equipment Co., Ltd. ("Jinzhou Karham"), Jinzhou Wonder Motor Co., Ltd. ("Jinzhou Wonder Motor"), Jinzhou Wonder Dianzhuang Co., Ltd. (aka Jinzhou Wonder Electrical Equipment Co., Ltd.) ("Jinzhou Dianzhuang"), Fuxin Huirui Mechanical Co. Ltd. ("Fuxin Huirui") and Jinan Worldwide Auto Accessory Company ("Jinan Worldwide"), design, develop, manufacture and sell automotive electrical parts, specifically alternators and starters, suspension products, and engine valves and tappets in China. We have been producing alternators and starters in China since 1997. In 2007, we ranked second in sales revenue in China in the market for automobile alternators and starters. Most of our products are used in passenger cars, especially smaller engine vehicles with engine displacement between 1.3 liters and 2.0 liters. We offer over 150 different models of alternators and over 70 different models of starters. In addition, we have begun to manufacture and sell rectifier and regulator products for use in alternators as well as various rods and shafts for use in shock absorbers, alternators and starters.

Chairman, President & CEOQingjie Zhao
Number of Employees 2,698
Contact Information

16 Yulu Street

Jinzhou 121013

www.wonderautot...

(86) 416 2661186

NAICS Code Motor Vehicle Transmission and Power Train Parts Manufacturing: 336350

Recent Events

  • Todays Zacks Rank Momentum Buy: Wonder Auto Tech, Inc.

    5/21/09 - Financial Announcement - View Story

  • Wonder Auto Reports Its First Quarter 2009 Financial Results

    5/04/09 - Financial Announcement - View Story

  • TSC Rating's Updates: Kinder Morgan

    4/17/09 - Bond / Stock Rating - View Story

  • Wonder Auto Technology Announces Independent Directors Change

    4/07/09 - Board Member - Leaving - View Story

  • Wonder Auto Reports Its Fourth Quarter and Full Year 2008 Financial Results

    3/06/09 - Financial Announcement - View Story

  • Wonder Auto Technology Announces Development Agreements with Shenzhen BYD

    12/30/08 - Joint Venture / Alliance - View Story

  • Wonder Auto Technology' Unit Signs Development Agreement With Shenzhen BYD - Update

    12/29/08 - Joint Venture / Alliance - View Story

News & Analysis

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wonder auto technology inc. - All News and Analysis

  • Wonder Auto Technology Announces June 12 as Date of its 2009 Annual Meeting of Stockholders

    - 2009-05-11

    JINZHOU CITY, Liaoning, China, May 11 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG; "Wonder Auto" or "the Company"), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced that its 2009 annual stockholders meeting will be held at 9:00 a.m. China Standard time...

  • Wonder Auto Reports Its First Quarter 2009 Financial Results

    - 2009-05-04

    JINZHOU CITY, China, May 4 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. (''Wonder Auto'' or ''the Company''), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced its financial results for the first quarter ended March 31, 2009. Highlights: -- Sales...

  • Wonder Auto Technology to Announce Its First Quarter of 2009 Financial Results on May 5

    - 2009-04-28

    JINZHOU CITY, Liaoning, China, April 28 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or "the Company"), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced that it will report its financial results for the first quarter 2009 ended March 31, 2009,...

  • Wonder Auto Technology Announces Independent Directors Change

    - 2009-04-07

    JINZHOU CITY, China, April 7 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology Inc. (Nasdaq: WATG; "Wonder Auto" or "the Company"), a leading manufacturer of automotive electrical and suspension parts in China, today disclosed that David Murphy and Xingye Zhang, two of the Company's independent directors, had resigned from the Company's Board of...

  • Zacks Bull and Bear of the Day Highlights: SINA Corporation, MBIA, Wonder Auto Technology, Cyclacel Pharmaceuticals and Nordstrom

    - 2008-05-19

    CHICAGO -- Zacks Equity Research highlights SINA Corporation (Nasdaq: SINA) as the Bull of the Day and MBIA, Inc. (NYSE: MBI) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wonder Auto Technology (Nasdaq: WATG), Cyclacel Pharmaceuticals, Inc. (Nasdaq: CYCC) and Nordstrom (NYSE: JWN). ...

  • BellwetherReport.com Free Analyst Review for WATG.

    - 2008-03-20

    M2 PRESSWIRE-20 March 2008-Bellwether Market Watch: BellwetherReport.com Free Analyst Review for WATGC1994-2008 M2 COMMUNICATIONS LTD RDATE:20032008 BellwetherReport.com is the leading online financial newsletter for investors seeking top independent and unbiased research. Investors seeking free and unbiased research on...

  • A Look into Wonder Auto Technology Inc.

    - 2008-03-20

    M2 PRESSWIRE-20 March 2008-The Street Corner: A Look into Wonder Auto Technology Inc.C1994-2008 M2 COMMUNICATIONS LTD RDATE:20032008 Streetinvesting.com has now resumed our progressive review of Wonder Auto Technology Inc. (NASDAQ:WATG) after it traded up $0.70 on above average volume....

  • Wonder Auto Technology Inc. Review in Progress.

    - 2008-03-19

    M2 PRESSWIRE-19 March 2008-The Maybach Review: Wonder Auto Technology Inc. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:19032008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about...

  • CHINA'S WONDER AUTO GETS LISTED ON NASDAQ MAIN BOARD

    - 2007-11-12

    AsiaInfo Services11-12-2007China's Wonder Auto Gets Listed on Nasdaq Main BoardJINZHOU, Nov 12, 2007 SinoCast via COMTEX -- Wonder Auto Technology, Inc. (Nasdaq: WATG), a leading supplier of automotive alternators and starters in China, made its stock listed on the Main Board of Nasdaq on November 8, 2007.In June 2006, the...

  • WONDER AUTO TO MARCH INTO OVERSEAS MARKET

    - 2007-11-12

    AsiaInfo Services11-12-2007Wonder Auto to March into Overseas MarketJINZHOU, Nov 12, 2007 SinoCast via COMTEX -- Chinese alternators and starters manufacturer Wonder Auto Technology, Inc. (Nasdaq: WATG) is build a presence in the overseas market, on the strength of listing on the main board of Nasdaq Stock Market.In June 2006, the...

Decision Makers

Name (plus bio) Position
Xie Yuechun CEO Assistant
Timothy P. Halter President (Principal Executive Officer) and Chief, Financial Officer (Principal Financial Officer)
Meirong Yuan Director, Chief Financial Officer and Treasurer
Yuncong Ma Coo
Jim Groh Vice President of Strategic Planning
Seuk Jun Kim Vice President of Research and Development
Yongdong Liu Vice President of Production
Yuguo Zhao Vice President, Sales and Marketing
Yuechun Xie Investor Relations Manager

Board of Directors

Name (plus bio) Position
Qingjie Zhao Chairman, President & CEO
Larry Goldman Board of Directors
Xianzhang Wang Board of Directors
Xiaoyu Zhang Board of Directors

Mr. Zhao is actively involved in strategic planning, business development and corporate policy development. Mr. Zhao joined Halla as Chairman in October 1997. Prior to this, he was employed by Jinzhou Shock Absorber Co., Ltd from January, 1989 as its Director of Research Department and Engineer. He became its Chief Executive Of?cer and Chief Engineer in 1991 and remained in the post until 1997. After graduating from the Liaoning Industry Academy (the "Academy", formerly Jinzhou Industry Academy) in 1982, Mr. Zhao became a professor and lecturer teaching "automotive design and mechanics", "limited element" and "random vibrations" at the Academy from 1982 to 1989. During that time, Mr. Zhao authored over 10 research theses and participated in numerous research projects. Most notably, Mr. Zhao performed research on the chassis of light vehicles, which was credited with several patents from the State Intellectual Property Of?ce of the PRC.

Organization Position Status
Wonder Auto Technology, Inc Chairman, President & CEO Current
Halla Former
Organization Position Status
Wonder Auto Technology, Inc CEO Assistant Current
Organization Position Status
Wonder Auto Technology, Inc President (Principal Executive Officer) and Chief, Financial Officer (Principal Financial Officer) Current
Nevstar Corp Officer Current
DXP Enterprises, Inc. Director Current

Meirong Yuan . Mr. Yuan became our Chief Financial Officer and Treasurer on June 22, 2006 and our director on March 2007. He has been the Vice President of Jinzhou Wonder Industrial Co., Ltd. Since June 2005. Mr. Yuan also served as a director of Jinzhou Halla since January 2002. From July 2003 to June 2005, Mr. Yuan served as the Vice President of Shenzhen Luante Asphalt Advanced Technology Co. Ltd. and was in charge of accounting and finance. Between October 2000 and October 2001, Mr. Yuan studied at ISMA Center in England. Mr. Yuan is a CPA in China and has a Ph.D. in management from South California University for Professional Study.

Organization Position Status
Wonder Auto Technology, Inc Director, Chief Financial Officer and Treasurer Current
Wonder Auto Technology, Inc Board of Directors Current
Halla Director Former

Mr. Ma is responsible for Halla's overall operations. He has over 30 years of production experience and over 16 years of management experience in the automotive industry. Mr. Ma graduated from the Harbin Institute of Technology in 1970, specializing in machine crafting. After graduation, Mr. Ma worked for Jinzhou Huaguang Electron Tube Factory from 1970 to 1989. During that time, he worked in various posts in its production, technology and corporate structuring departments and was promoted to the post of Production Manager in 1984. Afterward, Mr. Ma joined Jinzhou Shock Absorber Co., Ltd. in 1989 as its Chief Engineer and Vice Factory Manager. He joined Halla in October 1997 as a Director and General Manager.

Organization Position Status
Wonder Auto Technology, Inc Coo Current
Halla General Manager Former
Organization Position Status
Wonder Auto Technology, Inc Vice President of Strategic Planning Current

Mr. Kim is responsible for Halla's research and development and quality control functions. In 1981, Mr. Kim graduated from Pohang University of Science and Technology in Korea with a bachelor's degree in automotive

Organization Position Status
Wonder Auto Technology, Inc Vice President of Research and Development Current

Mr. Liu oversees the production, purchasing, human resources and administration functions of Halla. Mr. Liu graduated from the Suzhou Institute of Silk Textile Technology with a degree in weaving mechanical design in 1992. Between 1992 and 1996, Mr. Liu worked at Jinzhou Electrical and was responsible for its production technologies. He joined the Halla in June 1996, as a division head in the production department. He later became its department head in May 2001. Mr. Liu was promoted to Vice President in January 2005.

Organization Position Status
Wonder Auto Technology, Inc Vice President of Production Current

Mr. Zhao is responsible for Halla's sales and after-sales operations. In 1979, Mr. Zhao graduated from the Jinzhou Agriculture Academy (formerly known as Jinzhou Agriculture Automotive School) with a degree in the Agricultural Machinery Department specializing in agricultural automation. Between 1980 and 1996, he worked for Jinzhou Electrical as its Production Department Manager, Chief of Production and Chief of Operations, among other posts. He joined Halla in June 1996, as the head of the sales department. Mr. Zhao was promoted to Vice President of Sales in January 2005.

Organization Position Status
Wonder Auto Technology, Inc Vice President, Sales and Marketing Current
Halla Head of the Sales Department Former
Organization Position Status
Wonder Auto Technology, Inc Investor Relations Manager Current

Larry Goldman, age 50, became a part-time consultant to the company and was given the title of Vice President of Finance of the Company on March 23, 2007. Mr. Goldman is a certified public accountant with over 20 years of auditing, consulting and technical experience as a partner in a mid-size New York City based accounting firm, working with a wide variety of companies, assisting them in streamlining their operations and increasing profitability. Prior to joining the Company, Mr. Goldman worked as the Chief Financial Officer, Treasurer and Vice President of Finance of WinWin Gaming, Inc. (OTCBB: WNWN), a multi-media developer and publisher of sports, lottery and other games. Prior to joining WinWin, in October 2004, Mr. Goldman was a partner at Livingston Wachtell & Co., LLP and had been with that firm for the past 19 years. Mr. Goldman is also an independent director and audit committee chairman of Winner Medical Group Inc. (OTCBB: WMDG.OB), a China based manufacturer of medical disposable products and surgical dressings. Mr. Goldman has extensive experience in both auditing and consulting with public companies, and has experience providing accounting and consulting services to the Asian marketplace, having audited several Chinese public companies. Mr. Goldman presently serves as Acting CFO and Treasurer of Thorium Power, Ltd., a nuclear fuel technology company (OTCBB:THPW).

Organization Position Status
Cybra Corporation Vice President Finance Current
Wonder Auto Technology, Inc Board of Directors Current
Winner Medical Group Inc Director Current
Winwin Gaming, Inc. Chief Financial Officer Former
Winwin Gaming, Inc. Vice President of Finance Former
Winwin, Inc. Former
Winwin Gaming, Inc. Treasurer Former
Thorium Power, Ltd Treasurer Former
Organization Position Status
Wonder Auto Technology, Inc Board of Directors Current
Organization Position Status
Wonder Auto Technology, Inc Board of Directors Current
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WATG $9.47 +0.03 (0.32% )
Volume 209,517
Shares Outstanding 26.9M
Market Cap 255.3M
Year High 11.38
Year Low 2.030
Earnings Per Share 0.75
P/E Ratio 12.6267
Dividend 0.00
Yield 0.00
Glass Door

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