Further Strengthens Our Competitiveness in Capital Markets
Hong Kong, Nov 10, 2014 - (ACN Newswire) - China Dynamics (Holdings) Limited ("China Dynamics" or the "Group") (HKSE: 476), a company proactively expanding its business into the new energy industry, is to become a constituent of MSCI Global Small Cap Indexes - China Index effective from the market close on 25 November 2014. The selection as a constituent was a result of the Semi-Annual Index Review for the MSCI Equity Indexes.
Mr. Cheung Ngan, Chairman of China Dynamics, said, "We are pleased to become a constituent of the MSCI Global Small Cap Indexes - China Index. This achievement is a result of our clear development strategy and solid business foundation. Our self-developed core technology for lithium polymer batteries and the pioneering permanent magnet synchronous motor with an integrated controller system have gained wide-spread recognition and interest in the electric vehicle industry, as well as strong support and an overwhelming response from business sector and investors. MSCI constituent status also reflects the confidence of the investment sector on our future development. Looking ahead, the Group will continue to seek breakthroughs in its existing businesses and further enhance our return on investment in the electric vehicle market."
About MSCI Equity Indexes
The MSCI (Morgan Stanley Capital International) Equity Indexes are indicators available for reference for global investment compiled by Morgan Stanley Capital International Inc. (NYSE: MSCI). The indexes cover global equities across different industries, countries and regions. They are widely adopted and taken as reference by investors in Europe and the US and boast strong indicative influence in investment decision-making in the global equity markets. Among these indexes, the MSCI Global Small Cap Indexes - China Index comprises a series of national indexes, composite indexes, domestic and overseas indexes and is under the MSCI Global Small Cap Indexes. It aims to measure the performance of the small cap equities in the China market. As the judging mechanism of the indexes has a wide coverage, mainly large cap equities indicators of stable results and financial performance are included in selecting the equities for the MSCI indexes.
For more details, you may visit:http://www.msci.com/products/indexes/size/standard/index_review.html.
About China Dynamics (Holdings) Limited
China Dynamics (476) is a provider of new energy vehicles technology integrated solutions. It owns a leading proprietary core technology for lithium polymer solid batteries and permanent magnet synchronous motor with an integrated controller system. In February 2014, the Group has secured a tender from the Hong Kong Productivity Council for the design, fabrication and supply of permanent magnet synchronised motor systems and battery-powered systems for the first-ever locally branded electric buses in Hong Kong. For more information, please visit www.sinocopresources.com.
Source: China Dynamics (Holdings) Limited
Contact:
Strategic Financial Relations Limited Vicky Lee, Tel: 2864 4834, Email: vicky.lee@sprg.com.hk Charmaine Chung, Tel: 2114 4953, Email: charmaine.chung@sprg.com.hk Jacky Chiu, Tel: 2114 4320, Email: jacky.chiu@sprg.com.hk Fax: 2527 1196 Website: www.sprg.com.hk
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