Great Chinese & American Companies With A Lot Of Promise CRWE.OB,CAAS,CBAK,CBPO

Sept. 29, 2010 - PRLog -- Crown Equity Holdings Inc. (the “Company”)  announces that it has launched its crwenewswire.fr website to provide news in France’s native language. Crown Equity Holdings Inc. had previously launched its German website crwenewswire.de and is launching its Canadian website crwenewswire.ca very soon.

“The new website is one step in many towards the company goal of expanding its footprint internationally, ” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Our goal for 2010 is to have all CRWE’s clients’ press releases, articles and news content published in every major financial country’s native language, as well as within cities of every state of our country,” stated Mr. Bosket.

Crown Equity Holdings Inc. has increased its workforce to an amount of 35, compared to this time last year’s head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors we recently hired in Pakistan.

CRWE is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.

CRWE’s proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.



Gabelli & Company, Inc. will host its 34th Annual Automotive Aftermarket Symposium, November 1-3, at the Wynn Encore in Las Vegas. The three-day investment research meeting will feature presentations from senior management at leading automotive parts suppliers, retailers, and dealers, and will highlight opportunities in light of current OE dynamics, clean emissions technologies, and consumer trends. Institutional investors should contact their salesperson for more information or to register.

One of the presenting companies will be China Automotive  (NASDAQ – CAAS)


China Automotive Systems, Inc., through its interests in Sino-foreign joint ventures, engages in the manufacture and sale of power steering systems and other component parts for the automotive industry in the People's Republic of China. It offers a range of steering system parts for passenger automobiles and commercial vehicles. The company provides 4 separate series, 307 models of power steering, including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses.


China BAK Battery, Inc. , a leading global manufacturer of lithium-based battery cells, Tuesday announced that the Company's Tianjin facility was awarded a new contract to supply lithium-ion high-power batteries to leading e-bike manufacturer, Geoby Electric Vehicle Co., Ltd. ("Geoby Electric") in China.

As per the supply contract, China BAK will supply 1,000 units of lithium- ion high-power batteries, which will be used by Geoby Electric to manufacture electric bicycles. Management expects to receive additional orders from Geoby Electric following successful integration and performance testing.

"As the electric vehicles industry continues to experience significant growth, there is an increasing need for reliable, high-quality suppliers of lithium-ion batteries such as China BAK. We are pleased to work with Geoby Electric to support their efforts in delivering world-class electric bicycles to consumers." commented Mr. Xiangqian Li, CEO of China BAK Battery, Inc.


China BAK Battery, Inc. is a leading global manufacturer of lithium-based battery cells. The Company produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers and portable consumer electronics such as digital media devices, portable media players, portable audio players, portable gaming devices, and PDAs. China BAK Battery, Inc.'s production facilities, located in Shenzhen and Tianjin, PRC, cover over three million square feet and have been recently expanded to support the production of larger batteries for various types of vehicles.


China Biologic Products, Inc.  one of the leading plasma-based biopharmaceutical companies in the People's Republic of China ("PRC"), operating through its indirect majority-owned subsidiaries, Shandong Taibang Biological Products Co. Ltd. ("Taibang") and Guiyang Dalin Biologic Technologies Co., Ltd. ("Dalin") and its equity investment in Xi'an Huitian Blood Products Co., Ltd. ("Huitian"), today reported financial results for its second quarter ended June 30, 2010.


Second Quarter 2010 Highlights
   -- Revenues increased 23.3% year-over-year to $40.9 million
   -- Gross profit rose 32.6% year-over-year to $31.8 million, representing a gross margin of 77.9%, as compared to 72.4% a year ago
   -- Operating income grew 37.7% to $22.8 million
   -- GAAP net income attributable to controlling interest was $12.9 million, or $0.49 per diluted share, including a $2.3 million non-cash gain from change in the fair value of derivative liabilities
   -- Excluding the non-cash gain, interest on convertible notes and non-cash employee compensation, non-GAAP adjusted net income was $10.9 million or $0.41 per diluted share, a 31.2% increase from $8.3 million or $0.38 per diluted share a year ago

China Biologic Products, Inc., through its indirect majority-owned subsidiaries, Shandong Taibang Biological Products Co. Ltd. and Guiyang Dalin Biologic Technologies Co., Ltd, and its equity investment in Xi'an Huitian Blood Products Co., Ltd., is currently the largest non-state-owned plasma-based biopharmaceutical company in China. China Biologic Products is a fully integrated biologic products company with plasma collection, production and manufacturing, research and development, and commercial operations.






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