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 ZhaoNumber of Employees 2,698
Peer Companies
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
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Wonder Auto Announces Joint Venture with South Korea's Teawon Dianzhuang
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Wonder Auto Technology WATG Posts Q3 EPS of $0.26, 2c Over Street
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Wonder Auto signs development agreement
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Wonder Auto acquires Friend Birch for $12 million
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Chinese Stimulus Brings Buyers Out Of The Bushes
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Wonder Auto Reports Its Second Quarter 2009 Financial Results
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 |
| 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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