BNET Industries

Market Cap:$388.5M
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 & CEO
Qingjie Zhao
Number of Employees 2,698
Contact Information

16 Yulu Street

Jinzhou 121013

wonderautotech....

(86) 416 2661186

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

Recent Events

  • Wonder Auto raises $64.5 million through public offering of common stock

    11/17/09 - New Investment - View Story

  • Wonder Auto Announces Joint Venture with South Korea's Teawon Dianzhuang

    11/09/09 - Joint Venture / Alliance - View Story

  • Wonder Auto Technology WATG Posts Q3 EPS of $0.26, 2c Over Street

    11/02/09 - Financial Announcement - View Story

  • Wonder Auto signs development agreement

    9/28/09 - Joint Venture / Alliance - View Story

  • Wonder Auto acquires Friend Birch for $12 million

    9/23/09 - Merger / Acquisition - View Story

  • Chinese Stimulus Brings Buyers Out Of The Bushes

    8/27/09 - Financial Announcement - View Story

  • Wonder Auto Reports Its Second Quarter 2009 Financial Results

    8/03/09 - Financial Announcement - View Story

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

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 $11.79 +0.31 (2.7% )
Volume 609,663
Shares Outstanding 32.9M
Market Cap 388.5M
Year High 15.78
Year Low 2.030
Earnings Per Share 0.75
P/E Ratio 15.72
Dividend 0.00
Yield 0.00
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