#China XD Plastics Company (NASDAQ: $CXDC) Makes NASDAQ Top Percentage Gainer List
#China #Stocks in Play Again?....
Point Roberts, WA, Delta BC – July 13 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors reports on NASDAQ gainer, China XD Plastics Company Ltd. (NASDAQ: CXDC). The stock is trading at $4.53, up 0.76 (20.16 %), making it the second top gainer on NASDAQ today.
The Company, one of China's specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, announced last week that it held a commissioning ceremony on July 7, 2016 at its new Sichuan manufacturing facility.
The press release stated-"We are grateful for the tremendous support from the Nanchong municipal and Shunqing district authorities as our new production facility in Sichuan Province was completed in a little over a year since the company broke ground," said Jie Han, Chairman of the Board of Directors and Chief Executive Officer. "The commissioning ceremony featured our new, high-tech facility which is fully automated, and plant tours showcased the culmination of the cooperative efforts between our project development team and officials in the region and many partners who understand the evolution of China's Southwest region into a major high-tech and transportation manufacturing center to include automobiles, high-speed rail, shipping and aviation. With over 700 participants, we were able to showcase how our Sichuan campus will diversify our product platform into additional high-growth verticals such as advanced transportation, bio-degradable materials, medical-grade materials and food packaging."
China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 28 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Buick, Chevrolet, VW Passat, Golf and Jetta, Mazda, and Toyota. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of March 31, 2016, 369 of the Company's products have been certified for use by one or more of the automobile manufacturers in China. For more information, please visit the Company's English website at http://www.chinaxd.net, and the Chinese website at http://www.xdholding.com.
Read this release in full at http://www.investorideas.com/news/2016/china/07131.asp
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