China Electric Motor, Inc.Sunna Motor Industry Park, Jian¿an, Fuyong Hi-Tech Park, Baoan District
Shenzhen, Guangdong, China
Company Web Site | | Phone: +86-0755-8149-9969
Fax: +86-0755-8149-9855
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This company's motto should be "Good things come in small packages." China Electric Motor, Inc. manufactures micro-motors, which are small direct current (DC) and alternating current (AC) motors used in a variety of applications for household appliances (hair dryers and kitchen gadgets); automobiles (power seats, windows, locks, and roofs); and other consumer electronics (power tools and toys). The motors are sold to original equipment manufacturers (OEMs) and distributors in China, Hong Kong, and Korea under the brand name Sunna. China Electric Motor operates through subsidiary Shenzhen YuePengCheng (Shenzhen YPC). The company filed to go public in the US in 2009.
 IPO Information
Status:
TBA
Filing Date:
Oct 14, 2009
Proposed Offer Price:
$6.00 to
$7.00
Shares Offered (mil.):
2.30
Offering Amount (mil.):
$14.95
Post-Offering Shares (mil.):
17.04
Underwriters:
Rodman & Renshaw, Inc.; WestPark Capital, Inc.
| | Key Numbers
Company Type:
Private
NASDAQ (GM):
Undetermined Proposed
Fiscal Year-End: December
2008 Sales (mil.): $53.1
1-Year Sales Growth: 88.0%
2008 Net Income (mil.): $8.0
1-Year Net Income Growth: 73.1%
2008 Employees: 900
Key People
Chairman
Fugui Wang
CEO
Yue Wang
CFO and Corporate Secretary
Haixia Zhang
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