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TTCM China Announces First Quarter 2008 Results

Post Time:Jun 06,2008Classify:Company NewsView:312

TIANJIN, China--(

Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, We are pleased with the first quarter result. The demand for TTCM Chinas products are strong and are we focused on fulfilling orders in 2008 and beyond. We are currently looking into several financing options including HePing Investment Company to enable us to realize the higher revenue in 2008 and beyond.

About TTCM China, Inc.

TTCM China, founded in 1995 and based in Tianjin China, is a leading producer of glass-reinforced composite plastic products including regular and high-pressure pipes, fittings related to the water supply and sewerage systems. TTCM developed an advanced technology employing micro-emulsification, which enables a reduction of the amount of resin used in the production process and at the same time raises the product compactness, strength and infiltration quality. These procedures make TTCMs glass-reinforced plastic pipes superior in strength to plastic pipes while they only weigh one-fourth the weight of regular steel pipes.

Safe Harbor Forward-Looking Statements and the risk of doing business in China

Including historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Historical and forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results.

Such risks and uncertainties include, but are not limited to, force d majeure as seen in the recent Sichuan earthquake, foreign currencies exchange-rate, customers financial conditions, possibility of canceling the already-placed orders by customers, extending the delivery-acceptance time by customers, the ability to successfully complete additional financings, shipping and other risks associated with the operations in China where certain governmental economic or political situation/polices might adversely affect outcome of the envisioned business.

Source: TTCM China, Inc.Author: admin

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